Surcharging on debit and credit cards will be outlawed within six months, after the Reserve Bank of Australia pushed ahead with sweeping reforms to slash […]
Category: Finance
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NAB Quarterly Business Survey: Confidence Slumps to 15-Month Low
Business confidence fell to -4 index points, the lowest since December 2024 Business conditions eased but remained positive at 7 index points Wage costs and […]
Australian stock market posts biggest single-day slump in 11 months
The Australian stock market recorded its worst single day in 11 months on Monday, falling by 2.9 percent as oil prices surged due to the […]
‘Perfect storm’: Aussies face financial stress
Younger Australians are set to face a “perfect storm” of financial pressure in the new year, as the majority of people aim to make themselves […]
Markets Open Higher as Key Inflation Data Looms
Sydney, 7 January 2026 — Australian shares opened in positive territory on Wednesday morning, regaining ground lost in the previous session as investors await crucial inflation […]
ASIC outlines financial reporting and audit focus for FY2025–26
The Australian Securities and Investments Commission (ASIC) has published its financial reporting and audit focus areas for the 2025–26 financial year, highlighting increased scrutiny across […]
Victorians promised no new or raised taxes in today’s state budget
Victorians are being promised no new or higher taxes in today’s state budget, with the treasurer keen to avoid more backlash as fury continues over […]
Consumers prepare to leverage rate cut to boost finances
Data from Commonwealth Bank (CBA) has revealed that following the February rate cut, some customers adjusted direct debit payments, putting some extra cash in their […]
Vast majority of borrowers elected not to take February cash rate cut
Customers at three of the country’s biggest banks overwhelmingly decided not to reduce their home loan repayments after the Reserve Bank of Australia last cut […]
Annual inflation rises to 3.8 per cent, up from 3.6 per cent at start of the year
Australia’s annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year. According to the […]