Victorian businesses struggling amid extended COVID lockdowns will share in more than $2.3 billion of government support as the state records 190 new cases. The Victorian government will split $2.34 billion in funding with the federal government to support...
‘War for engagement’ Tensions between CBA and Apple have erupted, not coincidentally, amid a major shift in how Australians pay at the checkout. Smartphones will usurp plastic cards as the most popular form of contactless payment by the end of...
Australian shares had their best day in three weeks while US jobs figures and a Reserve Bank decision may influence whether the ASX stays near historic highs. Gains for miners and energy providers led the market to rise by half...
Crown Resorts’ new chief executive Steve McCann says leasing out the group’s casinos is one option he will consider to salvage shareholders’ investments if the James Packer-backed group is stripped of its gambling licences. The former Lendlease boss said in...
Shareholders in Red Hill Iron have voted in favour of selling an entire stake in a West Pilbara joint venture to Mineral Resources. The $400 million deal was announced at the end of July and involved MIN acquiring Red Hill’s...
Treasurer Josh Frydenberg is today beating back widespread criticism that the JobKeeper program was a monumental rort of taxpayer money. He argues – correctly in the view of the Reserve Bank – that JobKeeper saved hundreds of thousands of jobs...
A billion is hard to wrap your head around. Some billionaires say that they’re part of the ‘three comma club’. In the comedy series The Hollowmen, the political insiders decide they’ll need to spend billions of dollars before the public...
As a result, NAB now banks about one-third of Australia’s medical profession. Ms Marinkovic said the partnership would allow the bank to offer a range of specialised finance products to Avant’s members. While general practitioners have seen steady incomes during...
The Reserve Bank will take part in an international project testing whether digital currencies issued by central banks could be used to make cross-border payments cheaper and quicker than the complex systems used today. Amid strong growth in cryptocurrencies, monetary...
A bill to ensure the national cabinet of Australia's political leaders can keep its workings secret has been introduced to federal parliament. The bill introduced by minister Alan Tudge on Thursday will cloak advice and information in confidentiality, similar to...
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