Finance
Australia nabs ‘largest’ defence export deal in history
3 April
More than 100 armoured vehicles will be made in Queensland for Germany under a $1 billion defence deal, as Anthony Albanese lauds it as the single largest military export agreement in Australian history. The prime minister will on Tuesday visit...[Read More]
Wage and energy bills prompt ‘cost-of-trading crisis’
3 April
High wages bills and energy costs have created a “cost-of-trading crisis,” the retail lobby warns as it urges the federal government to provide relief for businesses. The National Retail Association released a report on Monday outlining the key...[Read More]
Reserve Bank’s shift to neutral likely to be reinforced
3 April
With less than six weeks to go before the next Reserve Bank of Australia decision on interest rates, borrowers are about to get more signals on what it might do next. The central bank has left the key cash rate unchanged at 4.35 per cent following...[Read More]
Wage review should consider tax cuts: retail bosses
3 April
Australia’s industrial umpire has been asked to consider upcoming federal government tax cuts when it decides on the next annual pay rise for low-paid workers. The Australian Retailers Association, representing more than 120,000 retail shop fronts...[Read More]
Reserve Bank shelves formal rate hike talk
3 April
No other option aside from keeping interest rates on hold was formally entertained at the Reserve Bank of Australia’s last interest rate meeting. The decision to leave interest rates untouched at 4.35 per cent was widely expected at the meeting...[Read More]
Work, Wander, and Well-being: Mastering the Art of the Working Holiday
28 March
Taking your business on the road for a working holiday presents an enticing blend of work and leisure, allowing you to explore new destinations while keeping your operations running smoothly. This concept has gained popularity with the rise of...[Read More]
Building Wealth Through Property Investment and the Role of Professional Advice
28 March
The allure of property investment as a vehicle for wealth building and lifestyle enhancement cannot be overstated. With the right strategies and insights, individuals can unlock significant financial benefits, paving the way to financial...[Read More]
4 Financial Myths You Shouldn’t Fall for This April Fools’
28 March
April Fools’ Day has a long and rich history of harmless trickery, and it can be very entertaining if you manage to fool your family or friends. However, if you’re gullible, April Fools’ Day may not be as much fun. Falling for false...[Read More]
Investment markets and key developments – Weekly market update 22/03/2024
27 March
US, European and Japanese shares rose to new record highs over the last week helped by solid economic data, further falls in inflation in various countries and further indications that major central banks are heading towards interest rate cuts...[Read More]
Inflation holds steady but services prove stubborn
27 March
The final stretch to bring inflation back to target is proving challenging, based on fresh data, though that is broadly what the Reserve Bank expected. The Australian Bureau of Statistics’ monthly inflation indicator held steady at 3.4 per cent...[Read More]
Oliver’s insights – Seven lasting impacts from the COVID pandemic
27 March
Key points – Seven key lasting impacts from the Coronavirus pandemic are: “bigger” government; tighter labour markets; reduced globalisation and increased geopolitical tensions; higher inflation; worse housing affordability; working from...[Read More]
Super access won’t lower hurdles for young home hunters
27 March
Many young Australians living in the capital cities will not be able to pay for a house deposit, even if they drained their entire retirement savings, a report has found. Rates of home ownership are declining for young Australians as prices climb...[Read More]
Car prices won’t spike under new efficiency standards
27 March
Car prices won’t go up under Labor’s new fuel efficiency standards, Energy Minister Chris Bowen says. Transport Minister Catherine King and Mr Bowen unveiled the government’s final plans for new vehicle rules on Tuesday, which will be...[Read More]
Financiers shun nuclear, upbeat on climate investment
27 March
Nuclear energy is last on the list of technologies that investors want exposure to, according to a survey of big institutions. The vast majority of investors do not see nuclear power as a good investment, with less than one in 10 exploring this...[Read More]
‘Deliberate demand destruction’ of gas stings consumers
27 March
Demonising gas is adding to the cost of living crisis, exacerbating the domestic supply gap and threatening investment in Australia, according to the gas industry. Senex Energy chief executive Ian Davies has accused the federal government of...[Read More]