Keyword "newswire-business" - List of latest news (537 results)

09:34 ASX soars on tariff relief hopes

The Australian sharemarket soared on Wednesday as markets regained confidence US President Donald Trump’s tariff policy could have a less severe impact on global growth.

06:01 Bad bosses costing Australia $223bn

Australian workers are going through the motions, with mediocre management one of the major reasons why Australians are not engaged with the workforce.

01:36 Trump’s $13 billion blow to Australia

Donald Trump’s tariff war will cost the Australian economy $13bn this year, the International Monetary Fund says.

22/04 CBA, gold miners drive ASX higher

The Australian sharemarket overcame a sell-off on Wall Street overnight, after wild comments from US President Donald Trump spooked global markets.

22/04 Grim reality for Aussie taxpayers

Everyday Aussies are paying a larger proportion of the nation’s tax bill, but there’s a silver lining to the increasing tax burden.

22/04 Commonwealth Bank makes rate call for May RBA meeting

A May rate cut is a “done deal” for homeowners based on the latest forecast data coming out of the Commonwealth Bank.

21/04 ‘Spendathon’ election offering band aid solutions

Australia’s two major parties are engaging in a “spendathon” ahead of the federal election which will do little to pay down the national debt or improve living standards, a leading economist has warned.

17/04 Aussies to be slugged $123m this weekend

Australians will be slugged millions in surcharge payments during the April long weekend, as businesses look to recoup soaring costs.

17/04 ASX bucks global trend on energy stock rebound

The Australian sharemarket has bucked the trend from Wall Street with energy, resources and a record breaking gold price seeing the ASX 200 surge higher ahead of the long-weekend.

17/04 New way to save $250 on electricity bills

Households could save $250 a year on their electricity bills by changing to the cheapest energy provider, an industry expert says.

17/04 Popular brewer collapses after funding blow

One of Australia’s fastest-growing craft beer businesses has appointed administrators after its primary lender collapsed, placing pressure on operations across three states.

16/04 Major Australian retailer collapses

Iconic women’s shoe retailer Wittner, founded more than a century ago, has called in administrators as a cocktail of rising costs and falling sales causes their collapse.

16/04 ASX slides on latest Trump hit

Australia’s sharemarket marginally slipped during a choppy session on Wednesday after investors were spooked by the flare up between China and the US.

15/04 ASX rises on renewed tariff hopes

The Australian sharemarket rose slightly during a quiet Tuesday’s trading, as the market digests the latest carve out from the US President Donald Trump’s tariff plan.

15/04 RBA reveals why it kept rates on hold

Australian households are finding a way to pay off their mortgages and can wait a little longer for an interest-rate cut, the RBA minutes show.

15/04 Star reveals massive financial loss

Australian casino operator Star Entertainment has reported a $302m loss in the first half of the financial year, which is a bigger than expected downfall.

15/04 Popular fast food chain on chopping block

Taco Bell is set to be sold off by its Australian operator, leaving the popular fast food franchise’s future in the country uncertain.

14/04 ASX soars on latest Trump announcement

The Australian sharemarket soared on Monday on the back of the big banks and miners, despite mixed messages coming out from the White House and from Mr Trump himself over tariff plans.

14/04 Major bank’s huge cash backflip

Westpac has announced it will re-open regional banks in three Australian states, in a major win for the cash society.

14/04 Grim update for one group of Aussies

Older Aussies are feeling less confident about their retirement as rising costs and falling share prices fuel fears of a recession.

13/04 Grim call after the ASX surges

The Australian sharemarket has likely not hit rock bottom, despite markets surging late last week, an industry expert has warned.

12/04 China act to tank Australia’s economy

Australia’s economy could take a hit worse than the global financial crisis or Covid if the geopolitical tensions between China and the US continue.

09/04 ASX wipes $47bn on Trump tariffs

The carnage on the ASX 200 resumed on Wednesday with the crude oil falling to covid prices and iron ore slumping to a fresh seven-month low as the US President Donald Trump’s tariff policy took effect.

09/04 ASX smashed again on tariff update

Investors and everyday Aussies have been smashed for the third time in four days, with more than $50bn wiped off the ASX in just minutes.

08/04 ASX rallies for best day in two years

The Australian sharemarket soared on Tuesday for its largest gain since 2022, but an expert has warned it has all the characteristics of a “dead cat bounce”.

08/04 Simple act costing Aussies hundreds

Wrongly placed loyalty, opening the wrong type of bank account and being disinterested in your savings could be setting Aussies back hundreds of dollars a year, a new report finds.

08/04 Aussie confidence slumps on Trump turmoil

Australia’s consumer confidence tumbled in April to a six-month low as US President Donald Trump’s global tariff policy sank the stock market, hitting household sentiment hard.

08/04 ASX defies recession fears

Australia’s sharemarket jumped as well as the Australian dollar following a volatile session in the US where the index swung by as much as 8 per cent.

07/04 ‘Dire situation’: ASX smashed on Trump tariffs

It was a sea of red on the ASX 200, with investors continuing to sell down on fears of a global recession.

07/04 Super slumps on sharemarket meltdown

Superannuation members would have seen their balances slump on Monday, but have been urged to stick with the long-term plan as experts declare the market wipe-out a bump in the road for most people.

07/04 Major companies hit in ASX bloodbath

Everyday Aussies and investors have seen their wealth plummet as a market-sell off continued on Monday.

06/04 ASX set to plummet on opening bell

Investors are bracing themselves for a turbulent Monday with local stocks expected to follow world markets and again plummet on fears of a Trump tariffs induced global recession.

05/04 Trump tariffs spark five-year AUD low

The Australian dollar has hit a five-year low as China hits back against Donald Trump’s trade war.

04/04 Silver lining in Trump tariff plan

Mortgage holders and young superannuation members could get a leg-up due to US President Donald Trump’s new tariff policies.

04/04 Why Australia’s ‘best’ chicken shop closing

The Sydney shop behind what’s been praised as the “best” Korean fried chicken in the country has announced it will close its doors in May.

04/04 Liberation day sparks $50bn ASX sell-off

The Australian sharemarket tumbled on Friday to its worst day in eight months as investors continued to sell on the increasing risk of a global recession.

04/04 Major bank’s rate cut call after Trump chaos

A major Australian bank has tipped mortgage holders will get more rate cuts and faster off the back of fallout from US President Donald Trump’s tariff policy.

04/04 Staggering $2.4 trillion erased on Trump tariffs

Australia’s sharemarket has been smashed for a second day running, following the worst day on Wall Street since the Covid pandemic off the back of the Trump tariff announcement.

02/04 Australia braces for “incredibly stupid” tariffs

Australian commodities, pharmaceutical and meat exporters are all tipped to face the wrath of US President Donald Trump as he announces his new tariff plans on Thursday.

02/04 Surprising loser in Trump tariff plan

US President Donald Trump’s new tariffs on Australian beef could backfire, with the move likely to increase the price of his beloved McDonald’s quarter pounder.

02/04 Why meat prices could soon spike

Experts say Aussies should prepare for a red meat price hike, as flooding in outback Queensland continues to wipe out cattle and impact food and livestock transport.

02/04 ASX jumps ahead of Trump Tariffs

Australia’s sharemarket closed on Wednesday slightly in the green on the back of property stocks as investors look for safe havens ahead of US President Donald Trump’s next tariff announcement.

02/04 Scam that fooled two million Australians

Scams in Australia are on the rise, with more than two million Australians falling victim to a particular type of scam.

01/04 ASX soars ahead of Trump tariff deadline

The Australian sharemarket soared during Tuesday’s trading, as the markets waited for “Liberation Day” out of the United States.

01/04 RBA’s big call on interest rates

Mortgage holders will have to wait a while longer for a second rate cut after the Reserve Bank of Australia left the official cash rate on hold at 4.10 per cent following Tuesday’s meeting of the monetary policy board.

31/03 Grim reality for those trying to buy a home

Australia’s housing market has lifted to a record high for the second consecutive month, as buyers respond positively to interest rate cuts.

31/03 ASX slumps on US recession fears

The Australian sharemarket was hammered on Monday, with every sector closing in the red after alarm bells were raised about the risk of a US recession.

31/03 ‘Mayhem’: $38bn wiped off the ASX

The ASX200 slumped on Monday to the tune of $38bn, as investors fear the worst from the US President Donald Trump’s tariff policy.

29/03 Major week set to shake up election campaign

Anthony Albanese and Peter Dutton will face key economic tests in the first days of the May 3 election campaign, as voters watch to see how they tackle cost of living issues.

29/03 Flights doubled as airline deal given nod

A partnership between Virgin Australia and Qatar Airways has been given the go-ahead by the competition watchdog, doubling flights between Doha and Australia for the next five years.

28/03 ‘Quiet old Friday’ as ASX gains

The Australian sharemarket seesawed on Friday as investors remained uneasy amid the local election climate and US President Donald Trump’s expected trade policies.

28/03 Simple trick that could get you promoted

Australian employees looking to get ahead should spend more time in the office with employers saying it would help with their promotion chances.

28/03 Four key challenges facing Aussie economy

The Australian economy faces four major challenges that will have to be dealt with by whoever wins the upcoming federal election, a leading economist has warned.

27/03 ‘Mass uncertainty’ as ASX breaks win streak

The Australian sharemarket took a dive on Thursday as investor concern over US President Donald Trump’s tariffs was reignited by fresh auto import taxes.

27/03 Grim immigration outlook for Aussie business

A cap on migration announced by both major parties could put even more pressure on Australian businesses, who are already struggling through “the most challenging times in living memory”.

27/03 What cricket great’s beer company owes

Former Australian fast bowler Brett Lee’s Sydney Beer Co company owes nearly $10m to suppliers, documents show.

22/03 ‘Completely blindsided’: Shock figure boosts hopes of April rate cut

A steep decline in employment figures over the past month has raised prospects the Reserve Bank could cut rates as early as April, economists say.

19/03 Insane salary Aussies need to feel comfortable

Australians believe they need to be making an eye watering amount just to be comfortable, as cost of living continues to put pressure on households.

18/03 Trump tariffs threaten Australia’s soft landing

Australia’s economic soft landing is looking bumpier, as US President Donald Trump’s new tariffs regime threatens local businesses, a new report has found.

18/03 Rates war heats up with major bank slashing rates

Australia’s second largest lender has announced it’s dropping its variable rate home loans by up to 35 basis points, as the mortgage war between lenders heats up.

17/03 ASX soars on possible US rate cut

A positive tone was set for the Australian sharemarket on Monday, with investors buying into stocks after the US Federal Reserve indicated another possible rate cut.

16/03 How terrifying ordeal led to booming business

“How cool would it be if we created a product?”

13/03 ATO’s warning to 2.5m small businesses

Contractors omitting income, small businesses misunderstanding major ‘bonus’ deductions, and dodgy GST make up the latest “hit list” for the Australian Taxation Office.

12/03 ‘Travesty’: Here’s how much your power bill could rise

Cash-strapped households could soon be facing even higher electricity costs as data shows about half of Australians were skipping essential expenses to cover their power bill.

12/03 Major change to Qantas rewards program

Qantas has tightened the belt on frequent flyers, cutting back on the value of points.

12/03 $270bn wipe-out on the Aussie market

The Australian sharemarket was smashed again on Wednesday as Donald Trump’s tariff plan on imports to the US officially came into effect.

10/03 ASX ticks higher on banks and insurers

Energy and material shares helped drive the Australian market higher during Monday’s trading, even as US tariff uncertainty continues to weigh on market confidence.

04/03 ASX dives on latest Trump tariff development

Australia’s sharemarket dived on Tuesday, following a US sell-off as the market gets spooked by tariffs placed on China, Mexico and Canada.

21/02 Bank woes drop the ASX 200

Australia’s sharemarket fell for the fifth straight trading session on Friday as investors continue to punish businesses for any misses in their results during the reporting season.

21/02 Telstra misleads 9k customers over NBN speeds

Australia’s Federal Court has ruled Telstra misled customers by quietly reducing the upload speeds for nearly 9000 Belong broadband customers without telling them.

21/02 ‘Unfair’: What Aussies savers should do

NAB has become the latest major bank to cut rates on two of its main savings accounts by 25 basis points ahead of reducing rates for mortgage holders.

20/02 CBA, Fortescue lead ASX to five week low

A sell-off in banks and miners saw the Aussie sharemarket fall for the fourth consecutive trading period on Thursday, to a five-week low.

20/02 ‘Bitter pill’: Grim reality for Aussie savers

Aussie savers already going backwards will fall further behind following the Reserve Bank’s move to cut rates.

20/02 Watchdog’s warning to major big supermarkets

Australia’s consumer watchdog has put major supermarkets and retailers on notice that they are still in its sights, vowing to investigate them to help protect Aussie consumers.

20/02 Stores cash-strapped Aussies are still visiting

Aussies are shaking off cost-of-living pressures and still visiting Bunnings and Kmart according to the latest half-yearly results from Wesfarmers.

19/02 ASX drops on NAB, MinRes earnings miss

Company results released on Wednesday as part of reporting season once again disappointed the market, with heavyweights NAB and Mineral Resources dragging the market down.

19/02 Simple reason Aussies are a little richer

Australian superannuation funds have backed up a “tremendous” result in 2024 in the first month of 2025, thanks to strong gains in the share market.

19/02 Why one rate cut won’t save Aussie households

Some homeowners might be rejoicing over the Reserve Bank’s decision to cut the cash rate by 25 basis points on Tuesday, but for many, one rate cut won’t cut it.

19/02 Bad news for your next pay rise

Australian wages rose at the slowest annual pace in more than two years, despite unemployment remaining at historical lows, adding to the chances of future rate cuts.

19/02 When is the next RBA meeting on interest rates?

Australians have welcomed the Reserve Bank’s decision to cut interest rates for the first time in years, but will have to wait slightly longer to find out whether another is on the way.

18/02 NAB posts $18m-a-day profit

National Australia Bank profits have slipped due to competition among lenders, plus increased anti-crime expenses.

18/02 RBA cuts rates for first time in 4 years

Mortgage holders have been given much-needed breathing room, with the Reserve Bank announcing inflation has fallen enough for Australia to begin its rate-cutting cycle.

18/02 Thousands of dodgy job ads banned

Job-listing site Seek bans one in every 50 people or entities trying to hire off the platform because of exploitation red flags.

17/02 Major banks rush to drop rates after RBA cut

The first of the big four banks has moved on mortgage rates, saying they will pass on the Reserve Bank of Australia’s rate cut in full.

17/02 How much will you save after RBA rate cut?

Aussie homeowners are tipped to pocket more than $1000 a year after the banks pass on Tuesday’s cash rate cut in full.

17/02 Call for RBA to go hard on rates

Aussie consumers have done the right thing when it comes to curbing inflation and should be rewarded with a larger rate cut this time around.

17/02 Westpac, Bendigo shares tank on results

Weak results from the likes of Bendigo Bank and Westpac have dragged down the overall Australian sharemarket on Monday, despite a number of positive earnings results.

17/02 Aussie winner from Trump’s tariff

BlueScope says it could be a major beneficiary of the 25 per cent tariff imposed by US President Donald Trump, even if China onsells its steel into Australia.

17/02 Big bank posts $1.7bn profit

Westpac has posted a $1.7bn quarterly profit despite earnings falling almost 10 per cent.

16/02 ‘Knew it would happen’: Shelves stripped bare

Supermarket shelves in Western Australia have been stripped, as the major freight route to Broome remains closed in the aftermath of Tropical Cyclone Zelia.

14/02 Rate pain set to stay until November

Consensus has firmed that the Reserve Bank of Australia will begin cutting interest rates this week, but the full impact of these cuts won’t be felt for up to nine months, new research shows.

14/02 Further sign rate cut is on its way

A flurry of banks have begun to cut term deposits in anticipation of a rate reduction by the Reserve Bank of Australia on Tuesday.

13/02 Aussie large caps drive market to record high

Australia’s sharemarket closed at another record on Thursday off the back of a mega deal in the pharmaceutical space and strong earnings releases during reporting season.

13/02 Could Trump’s tariffs see the RBA hold rates

Mortgage holders’ long-awaited rate cut could be put on hold as Australia’s central bank deals with the uncertainty of Donald Trump’s latest tariff plans.

12/02 ASX soars on CBA latest earnings

Strong results from companies reporting the half year results on Wednesday drove the Australian sharemarket to a new record close.

12/02 Second major bank cuts interest rates

Australia’s second largest lender, Westpac, has become the latest of the big four banks to cut its interest rates just days prior to the Reserve Bank meeting to discuss Australia’s official cash rate.

11/02 ‘Unshakeable’: Whyalla owner says debt deal is close

South Australia’s embattled Whyalla steelworks owners are “vigorously finalising new financing”.

11/02 CBA announces eye watering profits

CBA has announced better than expected first half profits, as the bank continues to cash in on Australia’s robust housing market.

11/02 Top suburbs where Aussie dream is still alive

The great Australian dream of owning a home is still alive and kicking in New South Wales, although homeowners are heading further out of the Sydney CBD, new figures show.

11/02 ASX flat on Tuesday’s trading

Australia’s sharemarket took a breath on Tuesday, trading sideways, as the markets factored in the likely limited impacts of Donald Trump’s tariffs locally and half year results came in.

11/02 200,000 Australian cash advocates push for new reforms

Cash use across Australia has soared over the past few months, with a major cash awareness campaign calling on banks to back an “easily available means of payment” amid rampant closures.

11/02 Aussie bank’s big interest rate move

AMP has become the latest financial institution to drop the rates it is offering customers ahead of the Reserve Bank’s next meeting.

10/02 Wiped: Billions lost on Trump’s tariff plans

Billions was wiped off the Australian share market on Monday, as the latest phase of the US President’s tariff plans had a direct impact on the domestic market.

09/02 Money markets huge rates call

The money markets say there is a 93 per cent chance Aussies will start getting mortgage relief when the Reserve Bank of Australia meets in February.

09/02 Why you should change your phone number now

After a number of high-profile cyber attacks in recent years, the chances are strong that your phone number is somewhere on the dark web.

08/02 Insane credit card spending revealed

Australians racked up an insane amount of personal credit card debt over the Christmas period, leaving many households unable to pay off their ballooning bills, new research shows.

07/02 ASX slides during Friday’s trading

It was a mixed day for the Aussie market as investors digest key data out of the US as well as the impact of the upcoming tariffs on global economies.

06/02 ASX has second best close on record

Australia’s market continues to recover from Monday’s sell-off as investors factor in a tempered Chinese response to US tariffs as well the likelihood of a rate cut in February.

06/02 Worrying trend for your next pay rise

Australian businesses are fed up with the high cost of labour, tipping it to fall in the new year, which could be bad news for your next pay rise.

06/02 Reason Aussies will shy away from Temu

Ultra-cheap retailers Temu and Shein’s growing markets in Australia are tipped to stall in 2025, as Aussies’ trust in the brand falls.

06/02 Huge blow for iconic Aussie surf brand

The company making and selling Australian-founded surfwear brands Billabong, Quiksilver and Roxy has filed for bankruptcy.

05/02 ‘Slow down’: Telco issues scam warning

Australians are handing over their money to scammers in just a matter of seconds, as sophisticated syndicates create a sense of urgency to potential victims.

05/02 ASX snaps two day losing streak

Australia’s sharemarket rose on Wednesday after China’s retaliatory tariffs against the US were not as severe as first feared, leading to a rise in commodity prices.

05/02 ‘Slow down’: Telco issues scam warning

Australians are handing over their money to scammers in just a matter of seconds, as sophisticated syndicates create a sense of urgency to potential victims.

04/02 ‘Price war’ as new airline stakes claim

Flight Centre is predicting a price war as Delta Air Lines muscles into another key Australia to US route.

03/02 ASX 200 hammered on Trump tariffs

Australia’s sharemarket was dealt a $50bn on Monday after US President Donald Trump moved on his tariff plans faster than the market was anticipating.

03/02 Grim truth about Aussie rate cut

Australian mortgage holders are predicted to still be feeling the pressures of higher interest rates even as the RBA begins to cut interest rates.

03/02 Aussie banking boss drops bombshell

Anna Bligh has announced she is standing down as the chief executive of the Australian Banking Association (ABA) after more than eight years in the role.

31/01 Property prices fall for the second straight month

Australia’ housing market is continuing its slide for the first time in almost two years, as interest rate pain continues to impact the property market.

30/01 Aussie sharemarket closes on 100 day high

The Australian sharemarket closed fractionally below its highest point as investors continue to trade on an earlier than expected rate cut.

30/01 February rate cut unlikely: Leading economist

A leading Australian economist remains unconvinced the Reserve Bank of Australia should cut rates when it meets in February despite calls for the central bank to move on rates.

29/01 Glimmer of hope for Aussie renters

Median rents across the nation rose by 6.9 per cent over the last year – setting a new median price of $620 and offering a glimmer of hope for renters struggling with soaring prices.

29/01 Why you shouldn’t apply for a job in January

There’s a mismatch between when Aussies are searching for a new job and when employers are looking to hire, meaning job seekers could be making finding their next role more difficult than it needs to be.

29/01 Last of Mosaic Brand shut their doors

Clothing retailers Millers and Noni B have announced they are shutting their doors, in the last part of Mosaic Brands group shutting down.

29/01 Positive news we’ve all been waiting for

Aussie mortgage holders could get a rate cut as soon as February after fresh figures show inflation is falling faster than anticipated to a three-year low.

28/01 Aussie economy passed its low point

The Australian economy has passed its low point, but short of meaningful productivity gains or tax reform it will continue to grind higher, industry experts suggest.

28/01 ASX 200 trades flat as Wall Street falls

Australian shares were surprisingly resilient during Tuesday’s trading despite the mass sell-off overnight on Wall Street, caused by the sudden arrival of Chinese AI chatbot DeepSeek.

28/01 Hopeful sign for struggling businesses

Australian businesses are pointing to a more resilient Australian economy, with consumer facing sectors picking up over the month of December.

27/01 Australia’s top performing state revealed

Mining powerhouses Western Australia and Queensland have topped Australia’s best performing states as southeastern Australia battles through higher interest rates.

27/01 Aussie families’ impossible choice

Soaring back-to-school costs are putting pressure on the family budget, with access to digital tools becoming a critical challenge for families.

24/01 Major retailers drive Aussie market surge

Australian shares edged higher on the final day of trading before the long weekend, with the surge driven by a strong performance from domestic retailers.

24/01 Australia’s best performing super funds revealed

Members of Australia’s top-performing superannuation funds have gained a “stellar” boost to their retirement savings account.

23/01 Huge number of Aussies needing a rate cut

A whopping 71 per cent of Australian households have reported needing a rate cut just to stay on top of their mortgages, begging for the Reserve Bank to offer relief at their next meeting.

23/01 ASX snaps three-day winning streak

The Australian sharemarket has snapped a three day winning streak as miners and consumer-facing stocks trade firmly in the red.

23/01 Iconic brand to shut down

Clothing and footwear retailer Rivers say it will close all 136 stores across the country, as parent company Mosaic Brands handlers were unable to find a new buyer.

23/01 Shocking amount of super Aussies need to retire

Australians are “likely closer than they think” to having enough superannuation to retire, even with the high cost of living.

22/01 ASX rises for third straight day

The Australian sharemarket is continuing its rally since Donald Trump’s inauguration, this time due to the US President’s landmark $US500bn artificial intelligence infrastructure announcement.

22/01 ’Kick into action’ warning over housing fail

Australia is already falling behind its ambitious housing target just three months after setting the goal, official figures show.

21/01 ASX jumps after volatile day of trading

The Australian sharemarket closed at a six week high on Tuesday on a volatile trading day after President Trump’s inauguration.

21/01 Plummeting dollar unlikely to sway RBA

The Aussie dollar continued its retreat during Tuesday’s trading, but fears it could impact the Reserve Bank when the board meets to consider changes to the rate cut are overblown.

21/01 Major bank’s surprise move on rates

Australia’s fifth largest lender has announced it’s dropping its one-to-three-year fixed mortgage rates by up to 0.16 per cent just weeks before the Reserve Bank of Australia makes an official move on Australia’s cash rate.

21/01 Aussie economy tipped to improve in 2025

The Australian economy is tipped to recover from the slowest growth rate outside of the pandemic in the past 33 years when mortgage holders finally get a rate cut in 2025, economists predict.

21/01 Popular Aussie online retailer to close

Wesfarmers has announced it will wind down popular online retailer Catch amid spiralling losses and merge it with shopping giant Kmart.

20/01 Surprise find after $550 pay out to workers

Higher unemployment benefits could result in unemployed Australians being less likely to look for a job, according to new research.

20/01 ASX soars on Trump’s inauguration

The Australian sharemarket and dollar are trading higher on Monday, as investors weigh up the impact of President Donald Trump’s return to the White House.

20/01 Radical plans to get Aussies retirees spending

Australia’s superannuation system could become a “massive inheritance scheme” unless the government steps in and supports retirees spending their retirement savings, a new study warns.

19/01 Gambling giant on brink of collapse

Embattled casino giant Star Entertainment Group is asking governments for support, as it could run out of cash by the end of February.

19/01 Why it won’t be easy for Wendy’s in Australia

Fast-food experts say there are serious real estate and economic constraints on Wendy’s operating in Australia as the iconic franchise opens its first new store.

17/01 Hours-long standoff ends with arrest

Two people have been arrested after an hours-long standoff in Brisbane.

17/01 Major ATO crackdown on dodgy landlords

The Australian Taxation Office is cracking down on landlords doing the wrong thing thanks to new data matching technology.

17/01 ASX falls despite commodity boost

The Australian sharemarket slipped on Friday, as a pullback by the major banks offset gains across most of the market.

17/01 Workers could be $165K worse off: ACTU

Australians risk losing hundreds of thousands in their retirement if a push by Coalition backbenchers to allow changes to superannuation payments succeeds, the peak union body has warned.

16/01 ASX rises on falling US inflation

The Australian sharemarket finished strongly in the green on Thursday, after better-than-expected inflation data in the US and strong job figures domestically.

16/01 Young Aussies flee due to cost of living crisis

When Lloyd and Mandy sat down with a mortgage broker they realised they had two choices, face a life of crippling debt or leave Australia.

15/01 Insane costs just to send your kid to school

Soaring back-to-school costs are putting even more pressure on Australian household budgets, but parents are still valuing a good education, new research shows.

14/01 Insane costs just to send your kid to school

Soaring back-to-school costs are putting even more pressure on Australian household budgets, but parents are still valuing a good education, new research shows.

14/01 ASX jumps on US tariff hopes

Australia’s stock market rose for the first time in four trading sessions as Donald Trump’s incoming economic team discusses slowly ramping up tariffs month by month, with the hopes of avoiding an inflation spike in the US.

13/01 Aussie dollar slumps to near five-year lows

The Australian dollar hovering around its lowest levels since the start of the Covid pandemic in 2020, as it continues to trade toward US 61 cents.

13/01 ASX slumps on US job figures

The Australian sharemarket was hammered on Monday following stronger than expected job figures out of the US over the weekend, threatening further rate cuts.

13/01 One in three Aussies to quit jobs in 2025

Businesses have been issued a major warning, as the number of Aussies looking to leave their job surges in the new year, due to the high cost of living.

13/01 Why 1 in 3 businesses have gone broke

Aussie businesses are increasingly feeling the strain of ballooning tax debts, as generous taxation policies introduced during the Covid pandemic are undone.

10/01 ASX falls during Friday’s trading

A share sell-off in the banking and consumer staples sectors resulted in the Australian market trading heavily in the red on Friday.

10/01 ‘Door ajar’: February rate cut firms

Australia’s major banks say a sharper than expected fall in inflation could mean households are just weeks away from mortgage relief.

09/01 ASX 200 snaps five day winning streak

The ASX has snapped a five day winning streak, falling 0.2 per cent despite official figures showing Aussies spent up big over the Black Friday sales.

09/01 ‘Staggered’: Major catch for Aussie rate cut

A leading financial expert has revealed the biggest red flags for Aussie homeowners battling with soaring costs and multiple rate rises – as well as his top tips for managing home loans going into 2025.

09/01 Surprising victims of housing crisis

Aussie parents are putting their own financial futures on the line, as the high cost of housing forces adult children to tap out the bank of mum and dad.

08/01 Australia’s rental market starting to cool

Australia’s housing crisis is showing its first signs of easing as the pace of rent growth drops to the slowest point since 2021, new research shows.

08/01 Andrew Forrest named in Exxon defamation suit

Andrew Forrest has been accused of conducting a smear campaign to damage the commercial interests of his rivals.

08/01 ASX hits four week high on inflation surprise

The Australian sharemarket soared during Wednesday afternoon trading after lower than expected inflation data increased expectations of a February rate cut.

08/01 NAB issues scam warning

NAB warns scammers are becoming increasingly sophisticated, finding new ways to rip off unexpected Aussies.

08/01 Renewed hope for mortgage holders

Mortgage holders’ hopes for an earlier than expected rate cut were restored in November with the latest monthly inflation print from the ABS coming in under the RBA prediction.

07/01 Pollies clash ahead of key inflation figures

Finance Minister Katy Gallagher and shadow treasurer Angus Taylor have traded blows on inflation ahead of key figures that analysts say will beat Reserve Bank expectations.

07/01 ASX rises for fourth straight day

Australia’s sharemarket has offset weakening iron ore prices for the fourth day running, with strong gains in information technology, telecommunications and health care seeing the market finish firmly in the green.

07/01 Insane grocery price hike revealed

Australian households are bracing for higher grocery prices that will add on average $1000 to the yearly bill.

07/01 NAB’s huge interest rate call

One of Australia’s largest banks says cost of living pressures are likely to ease throughout 2025, with expected rate cuts to have a “significant impact on the psyche of consumers and business”.

07/01 ‘Darker purpose’: Big claim on $2.50 cash fee

A major Australian bank’s controversial fee which is set to slug customers $2.50 for needing assistance to access their own cash is the result of a lack of regulation, experts say.

06/01 ASX trades flat on weakening iron ore outlook

Australia’s sharemarket has offset weakening commodity prices, closing Monday’s trading in the green.

06/01 Staggering Christmas card debt revealed

Households are tipped to be weighed down by Christmas debt for at least the next six months, as the burden is set to balloon to $2.7bn, new research shows.

06/01 Renewed hopes for rate cuts in February

Hopes for a rate cut in early 2025 are rising, with Wednesday’s inflation data tipped to beat RBA expectations.

03/01 Surprising reason for ASX’s sudden spike

An unexpected business partnership breakdown saw shares in a commodity rise, helping to guide the Aussie market higher and offsetting weakness out of the US.

03/01 How rogue cabbies ripping off Aussies

Aussies are being warned about a new scam around major events with “rogue cabbies” using one trick to rip off customers.

02/01 ASX surges on first day of trading for 2025

The Australian sharemarket rose on the first day of trading in 2025, despite futures markets falling 1 per cent before the opening bell on Thursday.

02/01 Key thing Aussies ditching as cost crisis bites

Cash-strapped Aussies will ditch little luxuries like takeout and coffee, and even travel in a bid to save an extra bit over 2025 as the cost of living crisis continues to bite.

02/01 Aussie dollar drops near Covid low

The Aussie dollar has fallen sharply again, hitting a near-five-year low that is the worst seen since the Covid pandemic.

01/01 Grim reason young Aussies fleeing country

Young Aussies are increasingly looking for cheaper alternative countries to live in as soaring house prices and cost of living pressures sees them leave in droves, government stats reveal.

01/01 Simple reasons Aussie workers are richer in 2025

Aussie workers have benefited from supperannuation funds having their best year since 2021 and their eighth best since the turn of the century, new research shows.

31/12 Grim warning for Australia’s living standards

Australia’s household recession has extended to its seventh consecutive quarter, with leading economists blaming weak wage growth and higher rates among other factors.

31/12 Urgent EFTPOS warning ahead of New Years

In an unwanted start to the year, AP+ have reissued a warning that could see thousands of Aussies without access to card payments as the eftpos network goes through an update.

31/12 RBA could hold rates on cratering Aussie dollar

Australia’s central bank could delay the first interest rate cut in 2025 if the Aussie dollar continues to fall against the US, economists have warned.

30/12 ASX falls on final full day of trading

The ASX sharemarket was a sea of red in a broad market sell off during the final full day of trading for 2024.

30/12 Shock as iconic Aussie pub closes

The owners of a historic pub in Victoria, which has been serving patrons for more than 150 years, has announced it is closing its doors following a turbulent year.

30/12 Simple switch to save $238 on your bills

Aussies sticking with their current energy plans could be costing themselves $238 a year as the consumer watchdog warns loyalty doesn’t pay.

30/12 Relief package announced for bushfire victims

Victorians impacted by the Grampians bushfire will be eligible for disaster relief payments as residents deal with the fallout from the devastating blaze.

28/12 Building giant in voluntary administration

Major Australian developer Bensons Property Group has entered voluntary administration, but says it will not impact any of the company’s current projects.

27/12 Local stocks surge post Christmas trading

The Australian sharemarket ended Friday’s trading session higher on its first day back after the brief Christmas trading break.

25/12 Major Aussie airline drops $49 flights

Virgin Australia is slashing the prices of domestic and international flights during its four-day Boxing Day sale - some flights dropping as low as $49.

25/12 Aussie miner’s $440m claim against Ghana

An Australian gold miner has lodged a claim for just under half a billion dollars against the Ghanaian government over contract and law disputes.

24/12 Aussies set to rack up insane credit card debt

Aussies are spending up big this holiday period through their credit cards, with experts fearing it could take them years to pay off the debt.

23/12 Ray of hope emerges for Aussie economy

The Australian economy is tipped to recover over 2025 as consumers get used to higher rates, with one economic outlook forecasting the country is on a “narrow path to a soft landing”.

23/12 ASX snaps grim days-long losing streak

The ASX has surged back to form on the back of better-than-expected inflationary data out of the US - following hitting a three month low just days ago.

23/12 Major change to Aussie cash revealed

Aussies have responded warmly to the government’s proposed mandates on cash, after it was revealed major businesses would need to accept cash when selling essential items.

23/12 Major bank’s huge $6.35m error

Major bank Westpac has apologised after overcharging its New Zealand customers by more than $6m, by not giving them advertised benefits on a range of products.

23/12 Major bank’s cost-of-living warning

A major bank has warned Aussies will be paying more for electricity until July 2025 as state government rebates end, pushing higher prices back on households.

20/12 Grim update as ASX sell-off continues

The Australian sharemarket closed the weeks trading down again, following a strong pullback on Thursday as investors take into account less-favourable news.

20/12 Aussies Christmas favourite revealed

Aussies are stocking up on Christmas favourites ahead of the holiday feast – with over 1m portions of ham already sold and another 890,000kg of prawns set to rush out of supermarkets.

20/12 Cash warning for 60k Aussies this NYE

In an unwanted start to the year, a staggering number of Aussies could be left without access to payments through their mobile or wearable devices, as an update to Australia’s eftpos network will occur during the middle of New Year’s Eve plans.

19/12 ASX plummets after US reserve’s pivot

The Australian sharemarket plummeted today following a mass sell-off on Wall Street overnight as investors factor in a less favourable rate environment.

19/12 One thing making Aussies $1.5 trillion richer

Surging house prices, superannuation growth and a strong share market has seen Australia’s wealth jump by more than a trillion dollars over the last 12 months.

18/12 Aussie dollar slumps to 24-month low

The Aussie dollar has hit a 24-month low after the US federal reserve said it would be ‘more cautious’ with rate cuts in 2025.

18/12 ASX trades flat ahead of US rate cut

The Australian market traded sideways during Wednesday’s trading, as investors await the next rate cut decision out of the United States.

18/12 How budget blowout could affect rate cut

The splurge in government spending is unlikely to impact the Reserve Bank forecasts, according to a major bank who has called for rate cuts in the new year.

18/12 ‘Profit over people’: NAB’s big regret

NAB has come under fire from angry shareholders who used the bank’s annual general meeting to voice their concerns about its shortcomings in key business areas.

17/12 Ikea’s surprising cost-of-living move

Furniture and home accessories behemoth Ikea is looking to reduce prices across its 10 Australian stores in a move it hopes will help drive customer demand.

17/12 ASX 200 snaps 5-day losing streak

The Santa Claus rally finally arrived on Tuesday as markets had their strongest day in a month, despite no major economic announcements.

17/12 Ikea reveals surprise best selling item

Aussies are flocking to Ikea but not for the reason you would expect, with the furniture juggernaut saying its food business is outperforming the rest of the business.

17/12 Qantas to pay $120m over jobs scandal

Qantas will be forced to pay more than 1800 illegally sacked ground handlers a total of $120m, ending a four-year legal saga and landmark industrial relations battle.

17/12 CommBank boss ‘unaware’ of $3 fee

Commonwealth Bank CEO Matt Comyn has claimed he first heard about the bank’s decision to charge some customers $3 to access their own money through the media.

16/12 ASX falls 0.6 per cent to four-week low

The Aussie market has made a dour start to the week’s trading, weighed down by the major miners as the iron ore price continues to fall.

16/12 Surprising falls on Aussie Xmas favourites

Falling prices at the checkout will mean Aussies are tipped to pay less to feed the family at Christmas – but it only marks a slight drop as the country’s food inflation outpaces the rest of the world.

16/12 Bank sued, customers scammed out of $23m

The Australian Securities and Investments Commission (ASIC) has lodged a claim against HSBC’s Australian arm in the Federal Court, with allegations the bank failed to protect customers from scammers.

13/12 ASX slumps to worst week since May

Gains in energy and the big banks were unable to offset losses as the Australian sharemarket closed out the week in the red, amid falling hopes of a Chinese stimulus package.

13/12 RBA’s excuse for rate forecast fails

The Reserve Bank of Australia says its own forecasts are often wrong but still justifies the importance of these market predictions.

13/12 Why RBA is to blame for inflation problem

The Reserve Bank failed to act quickly enough when Australia’s inflation rate spiked at the end of the pandemic, which is a mistake mortgage holders are still paying for two years later.

12/12 Update after man shot dead on street

Video footage has captured the dramatic moment a man was arrested months after a 20-year-old man was shot dead on a Sydney street.

12/12 ASX falls on strong job figures

The Australian sharemarket retreated on Thursday while the Aussie dollar bounced from a 13-month low on the back of a shock improvement in the unemployment rate in November.

12/12 New figure that dashes hopes of rate cut

Much stronger than expected job figures out in November could push out rate cut expectations, as the Australian economy remains resilient to higher for longer interest rates.

11/12 ‘Huge win’: Next step in Virgin-Qatar deal

Australians will be able to book international flights to more than 100 destinations with Virgin Airlines under its new partnership with Qatar Airways from Thursday.

11/12 Albo’s huge blow to Meta after pay standoff

Meta will be forced to continue paying publishers for journalism under the News Media Bargaining Code in an extraordinary intervention by the Albanese government.

11/12 RBA’s major call on Trump Trade

Australia’s economic prosperity is unlikely to be directly impacted by the Trump Trade, although our central bank will be watching the fallout closely for any indirect impacts.

11/12 ASX falls to three week low

A sharp rout in information technology, energy and industrial stocks pushed the Australian sharemarket into the red on Wednesday, which is now trading at a three week low.

10/12 Retail giant ‘not immune’ from cost of living crunch

Myer is hoping the Christmas retail rush will put the company’s books in a better state, with the retail giant’s sales down so far this year.

10/12 Fresh blow to Aussie mortgages

The RBA has held the official cash rate at 4.35 per cent following its board meeting on Monday and Tuesday, flagging Australia’s trimmed mean inflation remains above its target range of 2 to 3 per cent.

09/12 91 per cent chance of this interest rate call

The interest rate shackles on many businesses, keeping economic growth in the doldrums, will surely be a central talking point for the Reserve Bank at its final monetary board meeting for the year.

09/12 ‘Extensive experience’: ANZ picks new boss

ANZ has appointed a new chief executive following the resignation of boss Shayne Elliott.

08/12 Big call for tax change on super

Employees could pay less tax on their superannuation during the accumulation period but face bigger taxes in retirement under a radical new proposal.

06/12 ASX finishes week in the red

The Australian sharemarket closed the week lower, as investors factored in a weaker economic outlook.

06/12 Huge number of working Australians revealed

The number of Aussies employed since Covid has ballooned by 1.5 million, fresh Australian Bureau of Statistics figures show

06/12 Major bank’s renewed cash rate call

Commonwealth Bank has renewed its calls saying the Reserve Bank will cut rates in February, in good news for struggling households.

06/12 Biggest Aussie business fear revealed

Cash flow remains the biggest concern for Aussie small and medium businesses – with new figures revealing the concerns impact four in 10 owners across the country.

05/12 Sign Aussie recession tipped to end

A recession that has gripped Australia’s retail sector for the past 18 months is tipped to end, as retailers brace for a bumper Christmas holiday period.

05/12 ASX lifts four of the last five trading days

The Australian sharemarket rose on Thursday with strong gains from the gold miners and tech companies, but was unable to follow the lead coming out of Wall Street.

04/12 ASX snaps three day winning streak

The ASX 2000 has snapped a three day winning streak, slipping from record highs as the market absorbed key economic data.

04/12 CommBank’s ‘change’ after fee fury

The Commonwealth Bank will “change its approach” after its plan to charge some customers $3 to withdraw cash from a branch sparked national fury.

04/12 New record in Aussie per capita recession

The Treasurer has attempted to hang his hat on wages growth as the Australian economy posts its seventh straight quarterly drop in GDP per person.

03/12 ASX continues record high run

The Australian sharemarket closed at another record high on Tuesday as healthcare and consumer discretionary shares drove the market towards 8500 points.

03/12 Woolworths reveals cost of strike action

Woolworths has lodged an application with Fair Work to stop striking workers from blocking access to its distribution centres in Victoria and NSW as the supermarket giant counts the cost of the workplace dispute.

02/12 Major bank hits customers with new fee

Australia’s largest bank has announced changes to its everyday transaction fees.

02/12 ASX sets new record high

The Australian sharemarket traded higher on Monday, managing to pip a previous high, as seven of 11 sectors rose including, tech, consumer facing stocks, energy and materials.

17/10 Sign Australia is getting back to ‘normal’

Aussie households are finally seeing a light at the end of the tunnel, feeling less stressed about cost-of-living pressures.

17/10 ASX continues record breaking week

The ASX had another strong day on Thursday, breaking into new record high for the second time this week, as stronger than expected national jobs data drove financials and consumer discretionary shares higher.