Major tax change impacting millions
Millions of Australians are being urged to check their tax status ahead of a law aimed at recouping $45bn coming into effect in just a few days.
Breaking News
Major bank’s rate cut call after inflation dip
In welcome news for mortgage holders, a major bank has declared a July rate cut is a done deal on the back of weaker than expected inflation figures.
ASX200: Oil nosedives on ceasefire promise
The Australian sharemarket has finished in positive territory despite volatile tensions in the Middle East.
ASX falls to three-week low on Iran fears
Australia’s sharemarket slid during Monday on fears the Middle East conflict could escalate but the falls were limited thanks to one banking juggernaut.
One thing Aussie motorists should do
As the Iran-Israel conflict worsens, motorists are being urged to take advantage of cheaper fuel prices today before it’s too late.
ASX cops $25bn fall after Trump strikes
Investors face a “nervous” week, with the ASX copping a $25bn loss on Monday morning as the fallout from the Middle East conflict sparks market chaos.
‘Liberation Day’ drives Aussie investor exodus
Australian investors are moving away from the US shares, fearing the end of American exceptionalism.
Banks, miners drag ASX lower
Australia’s shares slid for the fourth straight day with a fall in banks and miners dragging the index lower on Friday.
Big four bank announces fresh blow to savers
In another blow for people trying to save, a major bank has cut the interest rate on a popular account for the second time in a month.
Simple change making Aussies $125k better off
Australians are tipped to be hundreds of thousands better off in retirement thanks to one change starting five years ago.
Major bank fined over data issues
A major bank has been fined for breaches of Australia’s economy-wide data-sharing scheme that let down Australian consumers.
CBA soars, BHP falls in mixed day on ASX
It was a mixed day on the markets on Thursday with CBA hitting a record high and BHP slumping with investors factoring in weak jobs data and the latest news out of Iran.
Huge call to lift the GST rate
Australia should slash income taxes and lift the GST to help pay off the nearly one trillion dollars in national debt.
Shock drop in Australia’s employment rate
A surprising dip in the number of employed Australians adds to the case for back-to-back rate cuts.
Major miners drag the ASX200 down
A slump in the price of iron ore and gold sent the ASX200 down on Wednesday, despite eight of the 11 sectors trading higher.
Why housing target is still under threat
Cashed up trades are making more than $51 per hour, while productivity is slumping putting further pressure on Australia’s housing sector.
Sign of life for Aussie economy
Businesses are finally getting on top of cost-of-living pressures, with the number of companies struggling to make payments dropping.
Super shake-up set to help millions
A major change to the superannuation sector starting from July 1 is set to help millions of Aussies achieve a “dignified” retirement.
ASX flat as Middle East conflict escalates
The Australian sharemarket was flat as concerns over the conflict in the Middle East continued to spook local investors, as Donald Trump issued a stark warning.
Australia faces ‘world of churn’: Chalmers
Jim Chalmers has warned of a “world of churn and change” which will impact the Australian economy as he outlines the plans for the next three years in government.
What Iran crisis means for rate cut
A July rate cut remains on the cards, but Aussie households could still be impacted by another hit to the cost of living.
Betting giant fined $4m for spamming VIPs
An Australian wagering company has been penalised $4m after spamming its VIP customers with texts and WhatsApp messages.
ASX flat on latest geopolitical tensions
Cautious investors eventually pushed the Australian share market up slightly after a sea-sawing day of trading on Monday thanks to the Israel/Iran conflict.
‘Perilous’: Chalmers’ inflation warning
Motorists are being warned it is “inevitable” they will be paying more for fuel in the coming days, while Treasurer Jim Chalmers says there could be issues for the economy.
The event Aussies will spend $1.1bn on
NSW and Queensland supporters will spend an insane amount of money on supporting their teams in this year’s State of Origin series.
$30bn bid for this Aussie company
A major international oil consortium has made a nearly $30bn play for Australia’s second largest oil producer at a time when the price of crude is soaring.
Albo’s $20bn boon ahead of Trump meet
As Anthony Albanese is going into his first face-to-face with Donald Trump with a $20bn card up his sleeve.
Alarming reason living standards could fall
A leading forecaster predicts “the harm to living standards could be deep”, as global economic growth halts on the back of trade tensions.
Why Aussie shouldn’t worry about oil prices
The price of crude oil is on the rise but Australians should remain calm until the impact is known.
ASX slips on geopolitical tensions
A spike in oil and gold producing shares was not enough to lift the ASX200 on Friday as investors fear the fallout from the Iran-Israel crisis.
Original URL: https://www.news.com.au/finance/business/breaking-news