Musk to become world’s first trillionaire
Tech titan Elon Musk could soon have a trillion reasons to smile if a new financial report comes to fruition.
Wealth
Staggering salary of man unions don’t want
The eye-watering salary of the man tasked with reforming the embattled CFMEU can now be revealed, and it’s not costing taxpayers a cent.
Grim statistic on pokie machines in Aus
If you’re busting for the bathroom in Australia, you’ve got a better chance of finding a pokie machine than a public toilet.
‘Massive’: Shock outback find goes viral
A woman’s “stunning” discovery at a remote West Australian mine has sent the internet ablaze.
Banks, insurers ‘price gouging’ Aussies: union
The cost of managing your money, getting a loan, and insuring your possessions has gone up way more than the actual inflation rate in the past year.
Council’s hilarious move in affluent suburb
Houses in this leafy suburb go for $5 million, but the local council has come up with a hilarious response to hundreds of trees being illegally chopped.
Search for mystery $2.5m Lotto winner
Lottery officials are searching for the mystery person who scored a $2.5m windfall, with the winning ticket potentially an unchecked Father’s Day gift.
Surprising group falling for crypto scams
New research has found one group are falling victim to crypto scams as they are “overconfident or overambitious”.
‘Woke’: Concerns over ‘far-left’ shift in Aus
An Australian lawyer and former refugee has challenged the ‘anti-woke’ arguments which are ‘destructive’ for society.
Aussies ‘fed up’ with Coles, Woolies profits
Shareholders in Coles and Woolworths are licking their lips, but the public is still stretching every dollar further at the checkout.
Grim proof you’re officially poor
New figures have revealed Australia is bucking a major global trend for all the wrong reasons. And it’s bad news for most workers.
Surprise crypto trend takes off in Australia
Despite concerns about scams and criminal behaviour, Australia is seeing the fastest expansion of crypto ATMs in the world.
Aussies short-changed $5bn a year
Slow moving reforms to the way Aussie workers are paid superannuation is costing the workforce billions of dollars every year.
‘Don’t do it!’: Renos that make your home harder to sell
There are certain types of home renovations should be avoided at all costs if you hope to sell your home at a later date.
Former billionaire CEO loses ‘all his money’
The ex-CEO of an exercise equipment company has revealed he’s lost all of his money and has been forced to sell “almost everything”.
Why younger savers are ignoring banks
Facing mounting student debts and the cost-of-living grind, younger people are getting savvier on who holds onto their money.
‘Desperately behind’: Worst state for housing
One state is falling “desperately behind” in building affordable houses, new data reveals.
’Kick in the teeth’ for struggling Aussies
As the big four Australian banks continue making billion-dollar profits, more and more families are falling behind on their house payments.
Huge change for millions of workers coming
Massive changes to workplace laws kick in August 26 which will allow millions of employees to ignore calls from the boss out of hours.
Wild thing $100 million lotto winner did
A mum has won the entire $100 million Powerball jackpot in Thursday night’s draw, and she made a staggering admission about the ticket.
Why $100,000 a year isn’t enough anymore
Making $100,000 a year used to be a kind of salary holy grail for a lot of Aussies, but the country’s cost-of-living crisis has changed that completely.
Rare $2 coin worth $6k found in spare change
An Australian man discovered a rare $2 coin worth up to $6000 in his change from a servo — and there are more in circulation.
Aussie rich-lister makes $2.1bn in a day
One of Australia’s richest people became $2.1bn better off on Wednesday as his tech firm led the Australian share market.
Dire warning for ‘stagnant’ Aussie jobs
The Australian economy is growing at its slowest rate since a sharp recession in the early 1990s and it’s particularly bad news for white-collar workers.
Secret to winning $100 million Powerball
Past lotto winners have revealed what they spent their cash on and offered advice to future winners ahead of this week’s monster $100m Powerball jackpot.
Neighbours at war over $5 million lottery win
Three Sydney neighbours have been locked in a two-year feud after one claimed he was cut out of a $5 million lottery win.
One group keeping cash alive in Australia
A new report has made surprising findings about the use of cash and the number of businesses accepting cash in Australia.
Monster $100m Lotto jackpot up for grabs
Lotto have announced the sixth biggest Powerball prize in Australian history could be won next week as the jackpot soars to $100 million.
‘Life changing’: Aussie’s wild $100k discovery
An Australian man has made the discovery of a lifetime with his metal detector, a find that is “life changing” for the father of two.
Dark warning in CBA’s 9 billion profit reveal
Commonwealth Bank has revealed loan arrears are on the rise, as it posts a $9.48bn statutory profit for the full year.
Healthcare stocks dragged down by CSL
The ASX made a third-straight day of gains after a week of global volatility, with financial and consumer stocks pushing a marginal gain.
Aussie wages rise for June quarter
Australian wages have ticked up nearly 1 per cent in the past three months.
‘Rubbish’: Lambie’s cost-of-living spray
Independent Senator Jacqui Lambie has hit out at the government as cost-of-living pressures soar, claiming Aussies can’t purchase essentials for under $10.
Surprise ascent of China’s richest person
China’s richest person had a surprising ascent to the top and once lost a staggering 87 per cent of his net worth nearly overnight.
‘Troubled’: Ex-PM’s big gambling call
A former Australian Prime Minister has called for a ban on gambling advertisements, saying many Aussies are “alarmed” by one thing.
Banker ‘destroyed’ by 120 fraud charges
A former bank employee’s life has been “destroyed” by allegations she defrauded multiple banks out of tens of thousands of dollars, a court has been told.
PM’s ‘cost of living joke’ backfires massively
Prime Minister Anthony Albanese has faced backlash following a cost of living ‘joke’, with some calling for his media team to be sacked.
ASX fights back after more US pain
The ASX has clawed back some ground after sweeping meltdowns on global sharemarkets led to big losses at the start of the week.
Major bank shuts down troubled lender
One of Australia’s banking giants has shut down a home loan lender, ending a 33-year-run for the troubled business.
Eye-watering jackpot up for grabs
As a mega lotto jackpot hits a massive $547 million, the lucky numbers that could unlock a fortune have been revealed.
Search for mystery Lotto winner
A news agency owner has called on the winner of a major Lotto prize to come forward, with a huge cash prize waiting for the unsuspecting person.
Inflation news none of us saw coming
Inflation has hit 3.8 per cent for the June quarter, but some economists say that figure has given the Reserve Bank room to keep rates on hold.
Simple way Aussies can save $200m
With one simple act, a common financial gripe can be avoided and Australians can save $200m a year, the consumer watchdog says.
Lender desperate Aussies are turning to
A growing number of Australians are turning to a lender that finances people the major banks deem too risky.
Aussies warned as hopes of rate cut fade
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
Aussie billionaires’ ‘obscene’ wealth grows
Most people are left “scrapping for crumbs” while Australia’s billionaires have hoovered up an obscene amount of wealth since the start of the pandemic.
Rare Aussie Olympic team coin up for grabs
A rare Australian Olympic team coin is expected to fetch a staggering price at an online auction.
Wealth guru banned, hit with huge fine
A self-described property and wealth guru has been slapped with a huge fine and ordered to repay more than 2000 participants in her seminars.
Big secret half of Aussies would keep
An Australian could be more than $400 million richer this week but if it’s someone you know, don’t expect to hear about it.
Big bank’s shock gift to home buyers
One of Australia’s biggest banks has just delivered a big gift to Aussies desperate to lock down a home of their own.
Lotto winner reveals big ‘mistake’
A Lotto winner who took home a division one prize has confessed her mistake after she misread the numbers on a winning ticket.
Trade-offs renters are making to get a home
There are glimmers of hope for Aussie renters amid the housing crisis, new data shows, but many are still making sacrifices to get a home.
Worker pay day fears after IT outage
Millions of workers could go without their wages in the wake of the global IT outage, amid reports multiple payment and payroll systems across Australia were crippled.
How some Aussies will get $21k super bump
New forecast shows the average Aussie will be $21,000 richer in retirement after change in payments from this month onwards. Here’s why.
Two reasons Aussies are ditching streaming
One of Australia’s largest banks has crunched the numbers to show Aussies are pulling back on streamers and ‘micro treats’ to maintain spending on the two key things that are most important to them.
‘Is this for real?’: Couple $40m richer
A married couple were nodding off when they received a life-changing call on Tuesday night.
Wild result from ‘$1000 Lotto win’
A Queensland couple who thought they won $1000 in Lotto have revealed their shock as they learned the outcome was much different than they expected.
Most ‘Xennials’ better off than their parents
Aussies born between the late 1970s to early 1980s better off than their parents were at a similar age, a new report has found.
Mayhem as casino closes, gives away $2.4m
A Vegas casino will be giving away massive prizes in the next seven days before it closes for good — as required by law.
Property investor slams ‘boomer bashing’
A property investor has slammed young Australians for “boomer bashing”, claiming it’s not easy to be a landlord.
Lotto winners whine about losing pension
A pair of elderly retirees who recently won $1 million in the lottery have been slammed for questioning how they can continue to receive the pension.
‘This is unreal’: Aussie’s reaction to lotto win
Queensland’s winning streak continues with their eighth major lottery win in the Moreton Bay region this year, bringing their total prize money to $10.2 million.
How much you’ll get in July 1 changes
With changes to income tax, superannuation and the minimum wage coming into effect today, here’s how to work out how much money is coming your way.
Aussie cop salaries spark poaching wave
Cheeky Aussie ads in New Zealand newspapers promising ‘warmer days and higher pays’ across the Tasman have caused an international fracas.
Wild way Assange paid for private jet
Julian Assange’s wife was met with an almighty surprise after sending out a plea to his supporters to help fund his private plane back to Australia.
Harrowing clip moments after $6m jackpot
Harrowing footage has captured the moment a punter suffered a heart attack and collapsed immediately after winning a $6 million casino jackpot.
Richest family you’ve never heard of jailed
Damning details have been exposed about the UK’s richest family after four members were sentenced to jail.
Wage boost set for thousands of nurses
Thousands of nurses in one state are in line for a huge wage boost in a new deal with the government, following industrial action shutting down hospital beds and surgeries.
Worrying sign Aussies crippled by debt
Australians have been warned about leaning on risky high-cost credit options like buy now, pay later and payday loans.
Single ticket scoops entire $40m Powerball
One lucky winner will take home the entire $40 million lottery jackpot, the biggest prize since an Adelaide man won $150m last month.
Which generation has it worst revealed
A viral video has revealed life in Australia is ‘the hardest it’s ever been’ for one generation – sparking a fiery debate about who has it worse.
Free $500 still on offer for working Aussies
Working Aussies are entitled to a free $500 cash boost from the government, but time is running out to lock in the money bump.
‘This is crazy’: Woman wins $21m lottery
An Australian woman says she’ll probably hand in her notice at work and buy a house after winning $21m this week.
‘Sleeper issue’ could hit millions of Aussies
There is one fear plaguing the vast majority of working Australians, and experts say it’s not going away.
Why Aussies are rushing to withdraw cash
Aussies have rushed to ATMs all over the country to withdraw thousands in cash – here’s why so many are doing it.
All the changes coming next month
From tax to minimum wage, the financial landscape for Australians will change dramatically from July 1. Here’s what’s coming.
Bitter battle over ‘elite enclave’
Residents are fighting to save their neighbourhood, with some fearing it will turn into a “yuppie kingdom” thanks to new developments.
Ibrahim bullied on $800k loan: court
Fadi Ibrahim felt pressure to lend money to his brothers Michael and Kings Cross ‘king’ John before receiving $600k in suspected crime proceeds, a court has heard.
‘Mind altering’ drugs key to Ibrahim case
A Sydney identity was affected by ‘mind altering’ painkillers and ketamine when he received a six-figure payment comprising suspected proceeds of a crime, a court has heard.
Winners, losers from Qld budget revealed
Queensland Labor’s state budget for 2024 has been handed down. Here’s the full breakdown of the major winners and some of the losers.
Original URL: https://www.news.com.au/finance/money/wealth/page/7