finance

US beauty and fragrance powerhouse Estee Lauder is set to potentially reduce its workforce by up to 7,000 employees—over 11% of its staff—by the end of next year following a …

Recent data from the Australian Bureau of Statistics (ABS) indicates that household spending in Australia rose significantly in December, except in the areas of alcohol and tobacco. Analysis from Canstar …

A new tax cut proposed by Pauline Hanson and One Nation aims to assist Australian couples with children by allowing them to split their income for tax purposes. This would …

Economists are increasingly optimistic that mortgage holders and small businesses will receive much-anticipated interest rate relief soon. The ASX200 recently closed at 8447 points, a rise of 0.57 per cent, …

Australia’s core inflation rate has unexpectedly dropped to 3.2 per cent for the December quarter, raising expectations for a possible interest rate cut next month. While economists predicted a rate …

The Australian dollar is struggling, recently falling to a near five-year low against the US dollar, now hovering around 61.32 US cents. This decline is largely attributed to a robust …

DeepSeek, a Chinese tech startup, has launched an AI chatbot that ignites conversations around China-US competition in AI innovation. Users are keen to see if DeepSeek can compete with leaders …

The average superannuation balance for Australians aged 50 is currently around $165,000, with balanced funds, primarily invested in growth assets like shares, generating $18,000 last year. In comparison, the average …

Nvidia has experienced a staggering 17 per cent drop in value, resulting in a historic loss of nearly $1 trillion in market capitalisation, from $3.49 trillion to $2.88 trillion in …

The Australian federal government is poised to release promising inflation data this Wednesday, ahead of the Reserve Bank’s first interest rate decision of the year. Recent Treasury analysis indicates significant …