In Australia, over a quarter of large corporations managed to pay no income tax during the 2023-24 financial year, a trend that includes notable names like Optus’ parent company Singtel, …
finance
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- National
Commonwealth Bank Experiences Significant Outage, Leaving Customers Unable to Access Online Banking
by adminCommonwealth Bank is currently facing a significant outage, impacting numerous customers who are struggling to access their online banking services. Users attempting to log in this morning were met with …
- Finance
What Was Once a Foregone Conclusion: A Pre-Christmas Rate Cut Now Balances on a Knife’s Edge
by adminJust weeks ago, expectations were high for the Reserve Bank of Australia (RBA) to offer some monetary relief, but recent developments suggest otherwise. Michele Bullock, the RBA Governor, and her …
- National
Why This Couple Rushed to Purchase Before the Government’s New First Home Buyers Scheme Launched
by adminLinh Hoang, a 29-year-old first home buyer from Sydney, expressed her challenges and insights from navigating the city’s intimidating property market. Recently, she and her partner Jeffrey successfully purchased a …
- National
Why This Couple Rushed to Secure Their Home Before the New First Home Buyers Scheme Launched
by adminLinh Hoang, 29, recently experienced the challenges of purchasing a home in Sydney amidst the introduction of a new first home buyers scheme. Just three months ago, Hoang and her …
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According to a recent report, millions of older women in Australia are at risk of retiring in poverty unless significant measures are taken to address the superannuation gap. Traditionally attributed …
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The Reserve Bank of Australia (RBA) is set to announce its latest interest rate decision today, and expectations for a rate cut appear bleak for borrowers. Current market predictions indicate …
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In response to the recent collapse of the Shield Master Fund, the federal government is set to implement stricter regulations on questionable superannuation funds. This comes after Macquarie Group agreed …
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A former Wall Street financier, Howard Rubin, aged 70, has been arrested for allegedly luring numerous women, including ex-Playboy models, to his Central Park penthouse, where they were sexually and …
- Finance
Macquarie to Compensate Shield Investors with $321 Million Following Superannuation Fund Shortcoming
by adminMacquarie Investment Management Ltd (MIML) has announced plans to reimburse thousands of investors who put substantial amounts from their retirement savings into the now-defunct Shield Master Fund (Shield). The Australian …