One thing Aussies ditching in droves
Cash is no longer king, a new survey has found, with less than one in 10 consumer payments made with notes and coins.
Breaking News
‘Gimmick’: Coles staff gift slammed
A Christmas gift to retail staff at Coles has been slammed as a “shameful slap in the face” and a “gimmick” as the union warns of further planned strikes ahead of the holidays.
Aussies warned to brace for more rate pain
A finance expert has urged Australians to be prepared for interest rates to rise again in the near future, as the country battles a worsening cost of living crisis.
ASX higher on energy rebound
A rebound in energy majors following a sell-off on Thursday saw the benchmark finish in the green on Friday.
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Crippling downturn for CBD businesses
While the retail industry is slowly getting back on its feet, new economic data has revealed the sector hurting more than most from the pandemic.
Bank questioned on buying back mortgages
A major bank has reportedly been buying back mortgages during the COVID-19 pandemic, sparking concern it has breached banking standards.
Fallout for destroying ancient caves
Rio Tinto’s belated admissions and half-hearted apologies over the detonation of 46,000-year-old shelters have been condemned by a new report.
Health insurers put on notice
Health insurers have paid out a lot less in benefits due to COVID-19 restrictions, prompting the consumer watchdog to put them on notice.
ASX on seven-day winning streak
The ASX winning streak has continued for a seventh straight day, with health stocks and Commonwealth Bank among the winners.
Call to wind down JobKeeper early
One of Australia’s leading credit bureaus says the federal government should begin tapering support measures such as JobKeeper.
Consumer sentiment at 10-year high
Aussies are upbeat about the future of the economy, with consumer sentiment improving markedly as the nation opens back up.
CBA to sell stake in Chinese business
Australia’s largest bank has announced it has been given the green light to sell off its major stake in a Chinese insurance company.
Virgin cuts new plane deal by half
Virgin Australia says it has successfully renegotiated a deal with Boeing for the purchase of its new fleet of aircraft.
Qantas in court over massive job cuts
Qantas has been taken to court over its recent job cuts, with the Transport Workers Union saying the decision is unlawful.
Original URL: https://www.adelaidenow.com.au/business/breaking-news/page/196