‘Staggered’: Major catch for Aussie rate cut
With thousands of Aussie homeowners buckling under the weight of hefty repayments and the cost of living crisis, a financial expert has laid out his best tips going into 2025.
Wealth
‘Need HR’: Boss reveals ex employees’ salary
After a popular podcast host called her former salary “decent” her ex-boss has gone viral for revealing exactly how much money she was making.
Andrew Forrest named in Exxon defamation suit
One of Australia’s richest people has been named in a Texas defamation lawsuit filed by an oil and gas giant.
Son’s incredible Christmas gift to mum
The son of a Ballarat woman has given his mother the gift of a lifetime after the lottery ticket he bought her won $2m.
‘Darker purpose’: Big claim on $2.50 cash fee
An Australian bank has been slammed for “cash grabbing” after launching a controversial $2.50 fee for customers accessing their own money.
Family’s nightmare after 28-hour fire
A family estimates they lost products worth hundreds of thousands of dollars when a fierce blaze destroyed their business on New Year’s Eve.
‘Spin’: Grim warning for Aussie wallets
The cost of living may not go down anytime soon, the Coalition is warning as politicians gear up for this year’s crucial federal election.
How Powerball winner plans to spend $20m
An Aussie dad has revealed the heartwarming ways he plans to spend his new $20m fortune as the first major Powerball winner of 2025.
Horror reality in Australian mortgage crisis
An upsetting reality awaits millions of Aussies working to own their own home outright, with one expert sharing a surprising insight.
Mum turns $900 into $110k in 90 days
This Gold Coast mother was earning “barely above minimum wage” when she decided to turn it all around by doing this one thing.
‘Great wealth transfer’ finally hits Australia
The great wealth transfer has finally hit Australia, with Baby Boomers set to lose their title as the country’s richest generation in a historic shift.
Aussie’s huge $20m Powerball win
The year is off to a lucky start for one Australian who has won big in the Powerball.
Why Aussie house prices have dropped
National house prices have dropped for the first time in two years, with one state leading the downward pressure.
Sneaky New Year’s ‘trap’ snaring Aussies
Australians making moves to manifest their New Year’s resolutions have been told to watch out for “traps” which have been slammed as “un-Australian”.
Key thing cash-strapped Aussies ditching
As mounting cost of living pressures put more strain on budgets, cash-strapped Aussies are cutting back on little luxuries just to save a bit more.
Cash boost for millions of Aussies from today
A tranche of cost of living measures will kick in today, with millions to see the change in their bank accounts within days. Here’s how you’re affected.
‘Airbnb tax’ to kick in tomorrow
Owners of short-stay rentals are preparing to pass on new taxes to consumers as one state’s new rental crackdown begins on Wednesday.
Why Woolworths could owe you money
Supermarket giant Woolworths is refunding customers who were overcharged as a result of a third-party error.
Sliver of hope for Aussie homebuyers
House prices are expected to rise yet again in 2025 – but there could be a brief window of hope for those looking to crack the market.
If you live here, buy a lotto ticket right now
If you live in any of these lucky Aussie suburbs, it could be time to get your hands on a lotto ticket.
Beloved Sydney reverend’s shock revelation
Reverend Bill Crews says many people who used to donate to his charity are now putting their hands up for help, as thousands sought a free meal on Christmas Day.
Fresh blow for would-be homeowners
The International Monetary Fund has poured cold water on a key housing policy which would make it easier for first-home buyers to get a loan.
Major bank hit by outage on Christmas Eve
A major bank has restored services after an outage left customers unable to access their accounts on one of the busiest shopping days of the year.
RBA’s major clue on next rates decision
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
Twist after man wins $1.1 billion in lotto
One lucky man is now $1.1 billion richer after winning the lotto – but there was a mind-boggling twist in how he collected his prize.
Major change to Aussie cash revealed
A major change to Aussie cash could be on the cards – which would essentially keep cash in the Australian system despite the dominance of card payments.
CEO of high-end brand calls time
The boss of one of Australia’s leading luxury personal products brands has quit after 20 years and is taking a “sabbatical”.
Infamous Aussie crypto figure dealt big blow
An Australian man who planted himself into one of the great mysteries of the digital age has been found in contempt of court.
Man’s ‘massive’ salary mocked by Aussies
A man has revealed his jaw-dropping salary and what he does to make it and the response from Aussies has been very unexpected.
‘Entitled’: Blake Lively goes viral again
Ryan Reynolds has ignited a furious debate after he made a bold “working class” claim about his wife in a recent interview.
Is this Australia’s cheapest home?
It’s been labelled “uninhabitable” by a local council, but this rural Aussie property has been snapped up in what might be called the country’s cheapest ever property sale.
America is about to change forever
Donald Trump has revealed key members of his new administration. These are the people set to transform America.
Surprising falls on Aussie Xmas favourites
Falling prices at the checkout mean Aussie families are tipped to pay slightly less for Christmas BBQ favourites this holiday season, according to new research.
One thing you need to do with your cash
Nobody wants to waste their hard-earned cash on a dud gift – and now, science has finally revealed the ultimate Christmas present.
$3 million fire sale, deals from $1
Only 40 per cent of stock is left in this massive online sporting goods sale after the company collapsed – and bids start at $1.
Group running out of cash every month
Some people from one cohort are reporting having to steal essential items more frequently to survive the cost-of-living crunch.
Aussie’s astonishing rise to billionaire at 82
Australian billionaire Jack Cowin story began as a regular kid shovelling snow and delivering newspapers in Canada. At 82, his venture is worth $3 billion.
Check your ticket! Punter wins $50m
As the winning ticket was unregistered, officials are waiting for the winner to contact them. Could it be you?
Retail gives ASX a bump up
The gift-giving season has shunted the ASX to a marginal gain on Monday as oil uncertainty buried many of the big players.
Lucky Aussies become instant millionaires
Three lucky Aussies have become instant millionaires over the weekend, after scoring the lucky numbers which led to them taking home more than $1m each in Lotto prizes.
91 per cent chance of this interest rate call
Mortgage holders and business owners should not hold their breath for any interest rate relief on Tuesday.
‘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”.
Katie Holmes hits back at ‘trust fund’ claims
The actor made a rare comment about her ex-husband Tom Cruise, rubbishing claims a trust fund for their daughter had “kicked in”.
Woman must pay $14 billion or be executed
A property tycoon who masterminded the world’s biggest bank fraud is in a race for her life to come up with an eyewatering sum of money.
Chart reveals why Australia is screwed
Australians are getting poorer and a leading economist has produced a simple chart that shows why.
Aussies reveal what a ‘good’ salary is in 2024
Australians revealed what they believe a “good” salary is in 2024 – and their answers are very much a sign of the times.
Elderly couple’s $900k pension ask enrages
The plight of a retired couple with almost $1m in shares who are concerned about losing their pension has sparked a fierce response from fellow Aussies.
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.
Outgoing senator’s new job revealed
A long-serving outgoing Coalition senator’s new role once he steps out of parliament has been revealed.
Sydneysiders lose it at Aussie ‘average’
Research has revealed the average Aussie salary and news.com.au hit the not-so-mean streets of Bondi to find out if it is enough.
Why hundreds queued to meet Lambo Guy
An Australian business mogul famous for his appearances on reality TV show The Block has given a massive helping hand to Aussies “doing it tough”.
Aussie wins $1m in major US lotto
An Australian man has narrowly missed out on an eye-popping jackpot but isn’t too upset after walking away with a considerable consolation prize.
Aussie’s reaction to US lotto win
A Victorian man has won almost $1 million in a massive US lotto, but missed out on an eye-watering jackpot by just one number.
$2.3bn in lost Aussie cash up for grabs
Aussies may be entitled to a share in billions of dollars’ worth of “unclaimed money” accumulated over the years. Here’s how you can find out if you’re eligible.
Crypto boss eats ‘iconic’ $9.5 million banana
Justin Sun fulfilled a promise he made after spending $9.5 million on an artwork featuring a banana duct-taped to a wall – by eating the fruit.
Billionaire’s surprising will advice to parents
Billionaire Warren Buffett has penned a surprise letter with a piece of advice “for all parents, whether they are of modest or staggering wealth”.
Mystery Powerball winner comes forward
A man in his 20s has come forward as the winner of $50m in Thursday’s $100m jackpot, revealing it was his first time playing Powerball.
Kind-hearted stranger’s unbelievable act
An anonymous community member has helped spread Christmas cheer with a generous act at a toy store that had shoppers in tears.
Winners of $100m Powerball revealed
There were two division one prizes in Thursday night’s $100m draw, meaning each winner took home a cool $50m each.
Vid of millionaire influencer enrages Aussies
Tammy Hembrow’s comment on what it means to be rich has divided online, with some claiming it has left a “sour” taste in their mouths.
‘I don’t’: Salary question divides Bondi
News.com.au has hit the not so mean streets of Bondi to ask a wild money question – and people can’t agree.
‘Sold out’: Greens lashed on housing
The Greens have been accused of selling out in agreeing to back Labor’s Help To Buy bill, with the Liberal Party vowing to repeal the law if they win the election.
‘Right thing’: Fury over super tax
A fresh fight is looming between Labor and the Greens, this time over changes to tax on massive super balances.
Retailer collapses, all stock from $1
An online sporting retailer has dramatically collapsed. There are potentially big savings that Aussies can score, including $1 deals.
Insane amount of millionaires in Australia
The surprising number of millionaires across the country has been revealed, and there is one big thing many of them have in common.
State’s massive $280m cost-of-living move
Hundreds of thousands of Aussies are due to share in $280m worth of cost-of-living relief, including hundreds of dollars being allocated for each schoolchild.
Supermarket giant grilled on vacant land
One of Australia’s two supermarket giants has denied it is sitting on unused land in one capital city to stop any competitors opening up.
Bezos denies Musk’s Trump bombshell
Elon Musk has reignited a feud between two of the richest people on the planet after hearing a rumour about Donald Trump.
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.
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.
Alan Jones’ luxe apartment raided by cops
Police are combing through Alan Jones’ luxury apartment following his arrest over allegations of indecent assault and sexual touching incidents.
Mystery winner becomes instant millionaire
The lucky ticket was purchased in a newsagency at The Entrance on New South Wales Central Coast, with the winner of the $2.5m prize yet to claim their winnings.
Bank confirms worst news for homeowners
One of Australia’s big four banks has made a bold prediction about the future of interest rates, and it’s even worse than expected.
Unluckiest number in lotto revealed
The most and least frequently drawn lottery numbers have been revealed, just in time for a $597 million jackpot.
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.
‘Scam’ call leads to $1m Lotto win
The man said he “might not be home for a month” following the major win, which nearly went unnoticed after a simple assumption.
Taylor Swift’s boyfriend joins ‘iceberg’ trend
NFL star Travis Kelce has plans to follow the “newest real estate flex for wealthy homeowners” at his mansion in the United States.
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.
Minister defends slashing student debt
The Federal Government has defended its new student loan discounts amid accusations of the policy being “elitist” and attempting to buy votes amid high inflation levels.
Original URL: https://www.news.com.au/finance/money/wealth