The Victorian Government has announced a major stimulus injection to help businesses recover strongly from the effects of the Omicron variant. The $200 million package was announced by Minister for Industry Support and Recovery Martin Pakula and Assistant Treasurer and Minister...
“The banks will keep holding money in transaction accounts and pay nothing for it, but they will be earning a higher return on it,” Mr Nathan said. Loading Morgan Stanley analyst Richard Wiles has estimated the combined profits of Westpac, ANZ,...
Live At its peak, the Stawell tyre dump held nine million tyres, making it one of the biggest tyre dumps in the world. After being inactive for more than a decade, the state Environmental Protection Authority finally stepped in and...
A new business woman practicing meditation at her desk in the new office of the company she started getty Ross Buhrdorf, the CEO of ZenBusiness, is leading the way for a new wave of entrepreneurs. ZenBusiness is on a mission...
Startup valuations have boomed over the past decade. Australia now has at least seven private technology companies worth more than $1 billion on paper. But the recent threat of higher interest rates, which triggered a sell-off in listed tech...
Existing-home sales increased by nearly 7% between December and January, hitting a seasonally-adjusted, annual rate of 6.5 million, the National Association of Realtors said Friday. Economists polled by MarketWatch expected the pace of home sales to come in at...
More than 10 million Australians face higher taxes this year unless the Morrison government extends an $8 billion offset ahead of the election. The low and middle income tax offset (LMITO) delivered households a tax break of up to $1080...
Origin Energy’s plans to close the country’s largest coal-fired generator in 2025 will push power prices much higher if governments don’t act quickly, industry experts say. The move, which will take 20 per cent of NSW’s electricity generation out of...
Starting a business may be about having a bright idea, but one of the keys to making sure your business will be successful is testing whether the market is ready. Simon Keustenmacher, the co-founder of the Demographics Group, has...
Economic consultant Jonathan Pain says Australia is likely to face at least four interest rate rises in 2022, as the global economy emerges from the pandemic. Speaking at an Urban Development Institute of Australia WA event today, the JP consulting...
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