Aussie shares rise on feverish Wall St rally
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
Banking
Aussie shares slip on dark China numbers
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Alarming stat about big four banks
Australia’s big four banks have loaned more than $3.6 billion to fossil fuels projects and companies in 2023.
Alarming stat about big four banks
Australia’s big four banks have loaned more than $3.6 billion to fossil fuels projects and companies in 2023.
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Smug scammer’s taunt after $130k swindle
This is the chilling moment a smug scammer taunted and threatened a Sydney man after stealing $130,000 of his savings.
Scammers’ brag after $130k swindle
As if losing $130,000 in an elaborate new ruse wasn’t enough, this man was told by scammers what they would do with his money.
Big super to grow even bigger on advice shake-up
Assistant Treasurer Stephen Jones is moving cautiously with financial advice to remain out of reach for many.
CEOs huge pay rises in inflation crisis
Top executives have had their pay increased much higher than the average Australian amid the cost of living crisis, a new report shows.
More rate pain for homeowners
All four of the big banks have now announced an increase in interest rates for mortgage holders.
Why Blackstone boss is bracing for ‘third economic wave’
The head of the $1.5 trillion asset manager believes most countries will be able to trade through the slowdown.
‘Callous’: Westpac cuts 300 jobs
One of Australia’s biggest banks has slashed hundreds of jobs “to reduce costs” in a move described as “callous” as it rakes despite raking in record profits.
‘Old offices need to make way for apartments’
Structural shortage of housing will force big cities to rethink how they use empty office space, says the boss of the world’s biggest property fund.
‘We can rebuild Crown to be the best in the world’
The boss of the $1.5 trillion Blackstone is eyeing more opportunities here as he declares tourism will be Australia’s ‘great growth engine’.
CBA puts brakes on crypto due to scams
Australia’s biggest bank will stop or slow transfers to cryptocurrency exchanges – and plans to take more action soon.
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