Big four bank chiefs are defending record profits before parliament while also being grilled on housing affordability, offshoring jobs and the economy.
Cameron Micallef
National Australia Bank has agreed to pay almost 66,000 underpaid workers as part of an agreement with the Fair Work Ombudsman.
Joanne Williamson
A judge has slammed a conman’s “persistence and callousness” after he befriended victims, sending one on a wild goose chase to Dubai.
Liam Beatty
Australia's biggest travel company says that while higher interest rates are making big-ticket holidays less affordable for families, others are still keen.
Derek Rose
Investors have led Australia’s record home loan collapse, with new figures revealing a staggering plunge driven by tax reforms and interest rate rises.
One of Australia’s largest banks has been slapped with a multimillion-dollar fine over the way it promoted rates to new savers.
Commonwealth Bank of Australia’s first-quarter profit climbed as growth in loans to businesses by the country’s largest lender offset struggles in mortgages during the housing slump.
Richard Henderson and Daniel Newell
Both working and retirement-age Australians are worried their nest eggs will be crushed by the weight of surging living costs, with confidence at 10-year lows.
Adrian Black
A watchdog has warned that people are still not getting the full picture about a major $250bn Australian sector.
David Hannant
The CFMEU crippled work on a major train bridge project until the head construction company met their demands, a royal commission has been told.
Blair Jackson
Australia’s consumer confidence has tumbled deeper into pessimistic territory after the Reserve Bank raised interest rates for a fifth time this year to tackle stubbornly strong inflation.
Nasteho Said
Two funds gave investors little warning of loan default rates as high as 25 per cent, while one retired couple was advised to put $200,000 into a single fund.
Ryan Johnson
A 30 per cent fall in the price of artificial intelligence-related shares could result in a significant fall in household wealth.
Jacob Shteyman
Unqualified marketers are doing work that should be handled by financial advisers, helping shape decisions about Australians’ retirement savings, a review by the corporate watchdog has found.
There’s been a big pick-up in enquiries to valuers, with WA’s largest licensed valuation company encouraging investors to ‘book ahead’ before new CGT rules kick in from July 1.
Nick Bruining
Mum-and-dad property investors face a sizeable increase in capital gains tax liabilities thanks to a combination of the new tax rules and declining property values.
DEBTMAN: You can be wealthy on paper, employed, meeting every repayment and doing everything an economist might recognise as financially resilient, but still feel broke.
Bruce Brammall
Q+A: Can you avoid the new capital gain tax changes? Yep, but you’ll need to be on one of these support payments from Centrelink to bypass the new charge from July next year.
This isn’t about cutting out everything you and your family enjoy, it’s about making intentional choices today that protect your family’s financial security tomorrow. Make these your three priorities.
Chris Foster-Ramsay
Wealthier Australians are pocketing $4300 a year in energy savings while renters and low-income households are left behind, new analysis has revealed.
A university student has found a way to make up to $25,000 a month teaching others how to use AI.
Emma Kirk
Mortgage holders are being urged to ‘fight back’ against rising interest rates starting with a back-to-basics approach.
Authorities are investigating after a contractor was killed at a mining camp in Western Australia’s Goldfields.
Australians chasing a working holiday now have a new list of the country’s top remote work destinations.
Andrew Hedgman