How to bounce back from recession in 2021
With Australia still reeling from the comedown of its longest economic boom in history, here’s how to get on top of your finances in 2021.
Victoria Business
Online Boxing Day sales start early
Bargain hunters will be able to access Boxing Day sales early this year, with retailers spruiking deals on Dysons, air fryers and more.
How Victoria is putting roo meat on the menu
As beef prices surge to new highs, the state’s kangaroos are set to hit dinner plates as shooters get the green light to harvest their meat.
We ‘did’ 2020 pretty damn good
Could we have done better? On the quarantine alone, obviously, but let’s look at the positives.
PM hides report that clears Holgate
A report we’re not allowed to see utterly damns the government and Australia Post’s board and chairman, writes Terry McCrann.
Woolies limits toilet paper sales in Sydney
Woolworths is reintroducing buying limits at around 200 of its supermarkets in the Greater Sydney area to prevent panic buying.
China the climate hero in La-La Land
On what planet in which solar system – ours or in a galaxy, far, far away – could China be considered a Climate Change Hero?
Watchdog reveals extent of Crown’s junket qualms
Of the almost 500 criminal transactions reported to the watchdog by casino operators about junket tours, 295 were from Crown Melbourne.
Why I’d buy Afterpay shares over gold or Bitcoin right now
This is why I would put my money into Afterpay over gold and Bitcoin shares despite all three rewarding investors.
Google, Apple face new battle over ’app tax’
The coming year is shaping up as one of reckoning for the tech giants, who are facing offensives on multiple fronts and across continents.
‘Don’t do it’: Buy now pay later and credit cards compared
Many Australians are shifting from credit cards to buy now pay later schemes however they can both leave you in serious financial trouble.
Household wealth hits record high
Australians household wealth has hit a record high, despite the impact of the pandemic. And there’s one key reason Aussies are sitting pretty.
How a former engineer became Gippsland’s ‘mushroom man’
After a move to East Gippsland to pursue his own mushroom farm, Bien Lema is forging ahead — even in light of a string of professional and personal hurdles.
East Gippsland dining drawcard lures back tourists
Diners travelled far and wide for Long Paddock pre-pandemic. Now, a surge in regional tourism is helping the East Gippsland venue reclaim its former glory.
Premium wineries to be sold off
It’s the best of times at Petaluma. Less so at Krondorf. And both wineries – but not the associated brands – are about to hit the market.
Kate and Wills’ ‘Christmas surprise’
Prince William and Kate Middleton have channelled their inner poets, delivering a heartfelt message to COVID-19 frontline workers.
Adelaide-based tech company bought out
An Adelaide firm’s visitor check-in and site management technology has found a buyer in a US Fortune 100 company.
Anger ‘truth’ defence won’t be tested in AFR case
Dr Elaine Stead says Fairfax dropping its truth defence in her Joe Aston defamation suit denied her the chance to prove his claims were not true.
Crazy prices Aussie celebs charge for Cameo videos
Aussies have spent more than $260,000 on ordering Cameo video messages from celebrities, with some local stars charging extraordinary amounts.
The budget trick that’s fooling no one
Never before will a mid-year budget and economic update be as completely irrelevant, meaningless and just plain wrong.
How to invest in shares and grow wealth
The Australian sharemarket has had a rollercoaster ride as many people started trading for the first time this year. Here, experts reveal how to grow your cash.
Beston to pay $5.6m to resolve management issue
A management agreement which paid two of Beston’s directors about $2m a year is set to be shelved, with the help of a $5.6 termination payment.
On a flight path to a boom Xmas
We are quite literally flying to a very big finish to the year, writes Terry McCrann.
It’s time we made our China play
We need to send a subtle message to China. Luckily, we have an ideal way to do just that, says Terry McCrann.
Grollo ‘very sorry’ for Grocon collapse
Grocon owner Daniel Grollo has told out-of-pocket partners and suppliers he is ‘very sorry’ for the builder’s collapse and he aims to take the business in a new direction.
Five ways to get a cheaper home loan rate
Home loan interest rates have dropped sharply this year, some below two per cent. Here’s how to ask for a cheaper deal.
What NSW tax changes mean for the rest of us
NSW is moving to abolish property stamp duty in Tuesday’s budget, but the change is unlikely to impact the rest of the country, writes Terry McCrann.
ASIC needs a new leader and new direction
Scott Morrison was quick to demand Christine Holgate stand down over four watches, but where was his same fury for ASIC boss James Shipton who billed almost $119,000 for personal tax advice to the body, writes Terry McCrann.
All NAB branches shut after bomb threats
The National Australia Bank has been forced to close its branches nationwide after it received multiple bomb threats, police have confirmed.
Debt, debt, debt as far as the eye can see
It’s official. Australia’s three biggest states will all soon be wallowing in more than $100bn of debt each – on top of $1 trillion in federal debt. But does it matter? Terry McCrann answers.
New Virgin boss’s plan to resurrect airline
Virgin Australia’s new chief executive Jayne Hrdlicka has unveiled her grand plans to save the airline from its financial woes.
Population growth hitting skids
For years, booming population growth underpinned a robust Aussie economy. Now that growth is all but grinding to a halt, the head of the Reserve Bank has warned.
![Carlton DraughtÃs 'The Melbourne Shout'' with Jonathan Brown and Ollie Lane having a beer poured by publican Bob OÃKane [centre] at the All Nations Hotel in Richmond. In support of LetÃs Melbourne Again, Carlton Draught is launching The Melbourne Shout, a one-day offer on Saturday November 14 whereby participating pubs across Melbourne will be offering punters 2-for-1 Carlton Draught beers.Picture: Alex Coppel.](https://content.api.news/v3/images/bin/9a558bd5ab99e5e3ba99a87d8c3f088e?width=650)
How to get free beer this weekend
Free beers will flow at hundreds of pubs across Melbourne tomorrow. Find out how and where to score your free pint of Carlton Draught.
Scott Pape’s guide to getting a pay rise
Just because we’re facing a recession, doesn’t mean you should be selling yourself short when it comes to getting a pay rise — you never know when that spare cash could come in handy, writes the Barefoot Investor.
Lifeline for Melbourne’s hospitality sector
Now is no time for competing, in fact, restaurants in Melbourne’s CBD have found a way to combine resources to get through these uncertain times.
CBA clips rates in fresh blow for savers
Savers are in the crosshairs again as Australia’s biggest bank cuts deposit rates for the eighth time this year — after failing to pass on a rate cut to customers with variable home loans.
Costello is our 99 per cent man
In corporate life, former federal treasurer Peter Costello is notching up a remarkable record that is probably unrivalled in the developed world, says Terry McCrann.
Bega’s stunning victory in peanut butter wars
An American food titan has failed in its last-ditch attempt to stop Aussie food maker Bega Cheese from using a distinctive label on one of its most popular breakfast spreads.
Why the NBN must not be sold off
Any suggestion the NBN should be privatised is simply madness. It must stay in public hands, and to do otherwise would be vandalism on a national scale, writes Terry McCrann.
Woolies quizzed over future of Ooshies
Woolworths has been questioned if it will retain its promotional collectibles Ooshies after implementing ambitious plastic reduction targets.
Biggest shake-up to Telstra in 23 years
Telstra has announced it will split into three separate businesses in the biggest shake-up to the company since it was privatised in 1997.
Coopers’ sales buck national pub shutdown
Sales of keg beer may have tumbled, but that hasn’t stopped Australia’s biggest independent brewer chalking up a tidy sales spike — fueled by tinnies and home brew.
Why CPI inflation figures are a nonsense
Official figures tell us inflation is all-but non-existent, but in the real world — especially for one big group of Australians — nothing could be further from the truth, says Terry McCrann.
FULL LIST: Every bank with mortgage rates below 2 per cent
A record 31 banks and lenders are set to offer unprecedented low mortgage rates in coming days. See what deal you could get with all of these places offering rates below 2 per cent.
Why vaccine-induced market surge is premature
Sure, there may well be a coronavirus vaccine in the pipeline, but let’s not get ahead of ourselves. The benefit, at least economically, will take months to play out, writes Terry McCrann.
Politics not driving Wall Street bullishness this time
Global share markets are on the march but its expectations of further central bank stimulus, rather than the US election result, which is the key driver, writes Terry McCrann.
Another top Aussie fashion label in voluntary administration
A top Australian fashion label has become the latest business victim of the coronavirus pandemic, with a number of staff facing job losses.
Store closures likely for fashion brand
An Australian women’s fashion label has entered voluntary administration due to financial troubles sparked by coronavirus pandemic.
Big week brings closest thing to free money
After an extraordinary week, home loan borrowers and investors have to decide if they should grab the closest thing to “free money” they are ever going to see and lock it in for four years, writes Terry McCrann.
Qantas’ move to replace workers with app slammed
Qantas’ controversial decision to replace about 100 customer service staff with a “sophisticated app” has been slammed as “total nightmare” for travellers.
Original URL: https://www.dailytelegraph.com.au/business/victoria-business/page/72