Peter Dutton, the leader of the Coalition, has responded to allegations regarding a lack of transparency related to his substantial property and share investments. Over the past 35 years, Dutton …
money
- National
- National
Woolworths experiences a significant $190 million profit hit following warehouse closures due to industrial action.
by adminWoolworths, the leading supermarket chain in Australia and New Zealand, has reported a significant $190 million decline in profits for the half-year ending January 5, resulting in a 21% drop …
- National
Commonwealth Bank Assures Customers That Cash Is ‘Here to Stay’ in Significant Update
by adminIn a recent communication to customers, Matt Comyn, CEO of Commonwealth Bank (CBA), emphasised the bank’s commitment to maintaining cash availability amidst increasing trends towards a cashless society. He highlighted …
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A mystery winner from a town in New South Wales has struck it lucky, securing over $3 million from Saturday’s Lotto draw. The fortunate ticketholder, who remains unidentified, purchased their …
- National
Would You Consider a 40-Year Mortgage? One in Three Australians Say Yes – But It Could Be Costly
by adminA recent study has revealed that a significant number of Australians may consider extending their mortgage terms to alleviate the burden of hefty monthly repayments. Specifically, one in three respondents …
- National
RBA Acknowledges Delayed Response to Surge in Inflation, Cautions Australians Against Expecting Further Rate Cuts
by adminIn a recent admission, Reserve Bank of Australia (RBA) Governor Michele Bullock acknowledged that the bank was slow to respond to rising inflation by increasing interest rates. Reflecting on past …
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Australia’s largest industry superannuation fund, AustralianSuper, has received a hefty fine of $27 million for neglecting to inform members about their duplicate accounts. This ruling was issued by Federal Court …
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Australia’s unemployment rate experienced a slight increase in January, rising by 0.1 percentage points to 4.1%, as reported by the Australian Bureau of Statistics. Despite this rise, employment grew by …
- National
Here’s a clear breakdown of what the average mortgage holder must save to stay financially secure.
by adminThe Reserve Bank of Australia (RBA) has reduced the cash rate by 25 basis points, lowering it to 4.10 per cent. This decrease could lead to an average monthly home …
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Mortgage holders are getting a much-needed financial break with the recent interest rate cut from the Reserve Bank of Australia (RBA) for the first time since 2020. This reprieve comes …