King won’t live at Buckingham Palace after refit
King Charles and Queen Camilla will break with centuries of tradition and not live at Buckingham Palace once its refurbishment has been completed.
personal finance
Inflation lying in wait to strike another rate blow
Despite a fall in headline inflation, a larger-than-expected rise in the underlying figure leaves the door open to more Reserve Bank rate hikes.
Caddick’s widower ‘shoulder-barged’ elderly dog walker
Missing fraudster Melissa Caddick's hair-stylist husband has denied an allegation he knocked over a 73-year-old woman during an evening coastal park walk.
breaking_news
business (general)
consumer goods
consumers
economy, business and finance
finance (general)
inflation and deflation
interest rate
personal finance
politics
prices
statistic
Falling fuel prices bolster hopes for RBA rate reprieve
A cut in the fuel excise caused annual headline inflation to fall, but the underlying impulse for price pressures is still gathering steam.
The adopted family members being dumped in hard times
Looking after a family is difficult in a financial crisis but animal welfare groups are concerned about the growing number of pets being banished altogether.
Harvey Norman facing class action for ‘misleading’ ads
A retail giant is set to battle a class action lawsuit after the Federal Court ruled it misled consumers with a widespread advertising campaign.
Passport to funds: why one bank is changing ID rules
A major Australian bank will no longer require more than one document to turn you into a customer by tapping into hidden technology.
breaking_news
business (general)
consumer goods
consumers
economy, business and finance
finance (general)
inflation and deflation
personal finance
politics
prices
statistic
Calm before storm: RBA braces for spikes and hikes
The economy is expected to be hit with a savage inflation spike which will in turn increase the chances of more interest rate hikes.
Debt group sees upside in higher credit card balances
Debt collection business Credit Corp, which also owns lender Wallet Wizard, expects its profit to grow by up to 17 per cent as cost-of-living pressures bite.
A ‘bank in crisis’: ANZ cops record fine for misconduct
From charging dead customers to overstating trades, a big four bank has been slugged with a record penalty for widespread misconduct.
construction and property
economy, business and finance
housing and urban planning
interest rate
personal finance
real estate
Rates take back seat to affordability for home buyers
Interest rates might be weighing less on Australians' decision to buy or sell a property, with affordability now ranked as the leading influence.
Calls mount for RBA to intervene with jumbo rate cut
Markets are betting the Reserve Bank will cut rates by 50 basis points at its next meeting as American tariffs batter the global economy.
Don’t be spooked by sliding super, funds warn members
Australians are being urged not to panic about their retirement incomes after Donald Trump's trade war sent global markets into a tailspin.
Super housing scheme could shave years off home wait
Australians raiding their super balances for housing could boost home ownership but may result in a jump in prices, economists say.
Scams lawsuit sends a message to Australia’s banks
The corporate cop has put the nation's banks on notice after filing a civil case against HSBC Australia over its alleged failure to stop $23 million in scams.
It’s not you: banking outages are taking longer to fix
Digital payment services are under increasing pressure as Aussies ditch cash and they are mostly rising to the task, a Reserve Bank report has found.
Supermarkets blamed most for cost-of-living woes
A new report reveals Australians lay the blame for the rising cost of living at the feet of supermarkets.
Footy and music fans hit by fake tickets ‘scam-demic’
Scammers are pivoting to footy tickets and breaking the hearts of diehard fans as new data shows where people are caught out most often.
Regulator bares teeth at fugitive influencer ‘ASX Wolf’
Bankruptcy orders have been imposed on Tyson Scholz, an Instagram finfluencer on the run from the law and banned from selling stock tips online.
One in three to get slice of $815m in insurer payouts
More than 5.6 million Australians could be eligible for a payout after insurers were found to have unnecessarily complex pricing promises and practices.
Are you financially literate? Here are 7 signs you’re on the right track
Even in the best of times, managing your finances is hard. Every day, you’re making complex financial decisions (some of which carry huge ramifications) and there are more financial products and services available than ever before. Navigating this minefield can be overwhelming and lead to financial anxiety. Being financially literate helps. But what does “financial literacy” mean in practice?
HomeBuilder paperwork deadline extended
The deadline to submit supporting documentation for HomeBuilder applications will be extended for those affected by supply constraints and construction delays.
Lost and unclaimed super reaches $16 billion, ATO says
Tax authorities have found another $2.1 billion in lost and unclaimed superannuation since last financial year, taking the nation's total to $16 billion.
Westpac halts rural closures amid political pressure
Westpac says it will postpone closures of rural banks during a Senate inquiry, the second major bank to heed calls to act in good faith.
‘Bloody-minded’ banks under pressure to halt closures
Major banks are being urged to stop regional branch closures as a Senate inquiry prepares to hold its first hearing in Sale, Victoria.
Westpac to close branches despite Senate inquiry plea
A week after the launch of a Senate inquiry into regional bank closures, Westpac has announced it will close 20 branches, including in major farming regions.
Big five banks scope out climate losses
Australia's big five banks should cope with lending losses caused by climate change but will be more vulnerable to economic downturns, a new analysis shows.
More rural towns lose their last bank
The Finance Sector Union says Westpac has announced the closure of 23 of its group's branches across Australia, with the loss of 92 jobs.
AMP fined $14.5 million over super fees
Five AMP companies have been fined $14.5 million after the organisation was found to have charged members fees for services they were not receiving.
Union condemns more regional bank closures
Westpac is defending a decision to close 24 bank branches across Australia, including many in regional areas.
Retrial for jailed Qld financial adviser
A former Queensland financial adviser accused of swindling $6 million from clients to invest in a South Australian abalone farm has had his conviction quashed.