‘Extensive experience’: ANZ picks new boss
One of Australia’s largest companies has found its new chief executive, an international banker of “calibre and extensive experience”.
Breaking News
Big call for tax change on super
Calls for a major overhaul of the current superannuation system to make it fairer for all working Australians.
‘Unreliable’: Dire blackout warning
Aussies are being warned they will swelter through one of the hottest summers on record, with power blackouts on the cards due to a surprising culprit.
ASX finishes week in the red
The ASX 200 has traded down following weak investor sentiment and a key piece of US data coming out overnight.
Huge number of working Australians revealed
The number of Aussies employed since Covid has ballooned by 1.5 million, with one sector in particular leading the way.
Biggest Aussie business fear revealed
As the cost of living crisis continues to impact small and medium Aussie businesses, thousands of owners have revealed their biggest fear which keeps them up at night.
Mixed day for Aussie sharemarket
The local market traded higher on Thursday but was unable to close above 8500 points due to a pullback in the afternoon’s trading.
Fears of ‘$50 an hour’ parking fee
Fears grow as the ACCC looks into a merger between two of Australia’s biggest parking and payment operators, which could see costs skyrocket.
Sign Aussie recession tipped to end
A recession gripping Australia’s struggling retail sector is tipped to end – as household confidence grows and consumers look to spend their tax cuts.
Surprise reason for Aussie spending jump
A surprise jump in spending in major two areas has given early indications Aussies are starting to spend again, in spite of a high cost of living.
ASX snaps three day winning streak
The Australian sharemarket has fallen just days after cracking a record high 8500 points in a broad market sell-off on Wednesday.
Rate warning after weak growth figures
As higher for longer interest rates and inflation continue to bite, Aussies have been hit with more bad news on the economic front.
CBA’s major move on controversial cash fee
A proposed $3 fee on cash withdrawals from Commonwealth Bank branches for some customers has been paused in response to national fury.
Woolworths reveals cost of strike action
Australia’s largest retailer has revealed the staggering cost of industrial action by the United Workers Union at its distribution centres.
‘Contempt’: Katter unleashes on new bank fee
Maverick MP Bob Katter has joined the chorus of criticism against CommBank for imposing a $3 fee to withdraw cash from some accounts.
ASX continues record high run
Australia’s sharemarket cracked a fresh record high on Tuesday, on the back of renewed economic confidence.
Government spending surges to $195bn
Strong public spending is offsetting an overall weak economy, new figures from the ABS reveal, ahead of the release of the latest growth figures on Wednesday.
Map reveals fatal risk growing in Aus
A hot and wet summer is going to put further pressure on household budgets and the health of millions of Aussies.
ASX sets new record high
Australia’s sharemarket has started the last month of the year with a strong day of trading, as new retail data was surprisingly good.
Proof Aussies have thrown off shackles
The doom and gloom for Aussie retailers seems to have subsided – and that was even before an expected bumper Black Friday sales.
Proof Aussies have thrown off shackles
The doom and gloom for Aussie retailers seems to have subsided – and that was even before an expected bumper Black Friday sales.
Christmas tradition Aussies are ditching
Aussies looking to cut back this Christmas are walking away from this holiday tradition, but it might not be saving them as much as they think.
Major bank makes huge rate call
The big four bank is the latest institution to push out its timeline for a Reserve Bank interest rate cut, as customers start spending their stage 3 tax cuts.
ASX retreats from record high
The Australian sharemarket trimmed during Friday’s trading as investors took stock of later than anticipated rate cuts.
Aussies fear right to disconnect laws
Aussies are willing to sign away their rights and stay in constant contact with their boss, as long as the employer pays them for the privilege of it.
Ex-treasurer grilled over Cbus scandal
A former federal treasurer who now chairs Cbus Super has faced a hostile grilling over a raft of allegations directed at the fund.
‘Worse without:’ Bullock’s bold jobs call
The RBA governor surprisingly came out in support of Australia’s big spending budget saying the economy “would be worse without it”.
Warning as banks move away from rate cut
Mortgage holders’ hopes of a February rate cut are fading as big four bank analysts begin to alter their predictions.
‘Shame’: Shareholder rips into Star casino
Major casino giant Star Entertainment has faced fiery shareholders due to the business’s poor performance in recent years.
ASX rallies on rate cut predictions
The Australian market rallied during early trading as markets factor in further rate cuts in the US.
Inflation update grim news for rate cut
Inflation figures have continued their trend down, but not in a way that will help mortgage holders any time soon.
Grim news for Aussie jobseekers
If you’re looking for a new career or a pay rise, now may not be the best time, a bleak new report on the Australian job market reveals.
Push for $26 a day boost for Aussies
The Australian Council of Social Services has urged the government to lift the Jobseeker rate in line with the aged pension.
Trump tariffs snap ASX three day winning streak
The ASX200’s three day winning streak came to an end on Tuesday, as markets digested President-elect Donald Trump’s announcement on US tariffs.
Australia’s grim economic outlook revealed
Australia’s grim economic outlook has been revealed, with the federal budget tipped to have its sharpest retraction since covid.
ASX closes at record high
The Australian market rallied during early trading as markets digest the latest appointment from President Elect Donald Trump.
IPO’s hit fresh low
Smaller listed ASX businesses are getting hammered as the flow of money largely favours blue chip stocks.
ASX closes week on a record high
Australia’s share market has reached the highest weekly close on record, despite a choppy week of trading.
Embattled tech billionaire snubs shareholders
A tech billionaire has failed to front shareholders at his company’s annual general meeting following sensational allegations about his personal life.
Shock salary Aussies need to start a family
A new report has revealed the insane amount of money Australians need to earn in two major cities to live comfortably and start a family.
ASX trades flat on Thursday
On a choppy day for the market, the ASX 200 traded relatively flat, thanks to a late market surge.
‘I hate what I’ve done’: MinRes boss
Mineral Resources faced a fiery AGM, as the board addressed shareholders for the first time since allegations of misconduct by founder Chris Ellison were aired.
How big 4 banks are foiling scammers
Major Aussie banks are teaming up to try to stop scammers before transactions have even left a victim’s account.
Remote workers ‘less likely’ to be hired
As a generational divide over working from home continues, a major survey has revealed what businesses really think about workers who don’t want to work from the office.
Huge cash boost for millions of Aussies
Millions of Aussies are likely thousands of dollars better off in 2024 – and they might not even know it, due to the surprising performance of a common asset.
ASX closes down after record day
The ASX closed down on Wednesday as investors took advantage to take a profit following a record day of trading on Tuesday.
Aussies’ $103bn pay packet for one month
Australians were paid a historic amount overall for the month of September, as wages growth and the number of hours people were working increased.
Prospect of pre-election rate cut shrinking
The Reserve Bank will be hard-pressed to cut interest rates before May, here’s a breakdown of why.
Overworked Aussies ‘ripped off’ $91bn
Australians have the legal right to put their work phone on ‘do not disturb’ during out of office hours, but bosses are ignoring these new laws.
ASX 200 closes in on record high
The ASX 200 is trading up 2.6 per cent for November during the traditionally strong trading period leading into the ‘Santa Claus’ rally in December.
Grim reality for Aussie businesses
Aussie businesses have been hit with a grim forecast for the year unless consumers change their spending habits.
RBA refuses to rule out more rate hikes
The Reserve Bank of Australia is steadfast in its fight against inflation, even if it means mortgage holders will pay even more in the coming months.
Aussie execs freed after $250m ransom
A Perth-headquartered miner has freed three detained staff in West Africa by paying a military government nearly $250m.
RBA makes call on mortgage stress
Aussie mortgage holders are in theory the most exposed to interest rates rises in the world, yet there is little evidence of a mortgage cliff, the RBA said.
200,000 Aussies eligible for $1100 payment
More than 200,000 homeowners are eligible for cost of living concessions, are you one of them?
Experts make major rate call
Aussies are doing what the Reserve Bank of Australia is asking and cutting back on spending, but they might need to wait nine months for a reduction on their mortgage.
ASX 200 rises to four week high
The ASX 200 rose slightly during Monday’s trading, pushed higher largely by Australia’s resource companies.
‘Fiercely competitive’: Woolies boss’ claim
The boss of one half of Australia’s supermarket duopoly has made a curious comment on competition in the sector under questioning from the consumer watchdog.
NAB faces legal action over 345 customers
National Australia Bank is facing federal court for allegedly failing 345 customers at their most vulnerable when they applied for hardship support.
ASX bounces during Friday’s trading
The ASX 200 rose slightly during Friday’s trading, as the market had a benign broad based rally as Donald Trump announced more key appointments.
Key thing Aussie students not taught
The current school system is falling short of teaching students basic financial literacy, adding to problems such as the current cost of living crisis.
ASX snaps three-day losing streak
The Australian market is up for the first time this week due to the information technology and financial sectors.
Major bank’s move on common app
Commonwealth Bank is rolling out a new feature for customers, focusing on an app used by millions of Aussies every day.
Aussie bank makes astonishing rates call
One of Australia’s biggest financial institutions has reduced home loan interest rates, but there’s just one catch for potential customers.
Grim prediction for struggling Aussies
Australians will get no respite from paying high prices for everyday items, the Reserve Bank has warned.
ASX falls for third straight day
The ASX 200 fell by 0.8 per cent during Wednesday’s trading, as investors think through the implications of the second Trump presidency on Australia.
Proof it’s never been tougher to buy a home
Surging house prices in every Australian capital city show it’s the worst time in history to be trying to buy a home.
ASX closes in on record high
The Australian sharemarket traded strongly on Friday off the back of further rate cuts from the US central bank.
Gold price slumps after Trump victory
The price of gold is falling just weeks after reaching a record high, as investors factor in a stronger US dollar.
Wage growth slips below expectations
The pace of Aussies getting a pay rise has slowed below market expectations, official figures show.
Major Aussie bank posts mammoth profit
One of Australia’s Big 4 banks has posted a mammoth statutory profit for the first financial year quarter, asserting the economy is “fundamentally sound” despite cost of living pressures.
Qantas’ single excuse for fare price hike
Qantas have hit out at the consumer watchdog’s report around the staggering hike in the price of domestic airfares since Rex Airlines’ collapse earlier this year.
Aussies’ surprising cost of living outlook
Aussie consumers and businesses are seeing through the high cost of living as sentiment and spending improve, new reports show.
ASX slides on China update
The ASX has dipped for the second consecutive day, giving back part of last-week’s post gains following the US presidential election.
Shareholders’ demand to Coles board
Coles shareholders have lashed out at the supermarket for its environmental shortcomings and issued a demand.
China stimulus does little to lift ASX
The struggling Chinese economy has few rays of hope for Australian miners, as the big iron ore producers sink the ASX to a loss on Monday.
Bad news for your next pay rise
The country’s cost-of-living crisis isn’t fading anytime soon, and employees are set to fall further behind in 2025.
Big banks’ surprising mortgage call
Two of Australia’s big four banks say Aussies are finding a way to pay their mortgages despite cost-of-living pressures.
Trump to cost voters $2600
The cost of living is set to rise under the Trump administration if the newly elected President passes his tariffs plan on in full.
Blow for Aussies after US cuts rates
The US Federal Reserve approved its second consecutive interest rate cut on Thursday night, though experts have some disappointing news for Aussies.
Original URL: https://www.news.com.au/finance/business/breaking-news/page/4