Wages will have to grow at an annual pace not experienced for eight years before the Reserve Bank considers another interest rate hike. The central bank said as much in the minutes of an April board meeting released on Tuesday. While...
Australians are allegedly being ripped off by dodgy timeshare contracts that have locked them into paying hundreds of dollars in annual fees for decades. Consumer group Choice is urging corporate regulator ASIC to investigate new reports that vulnerable retirees who...
At 7.10am, the dollar was buying 70.1 US cents, a significant drop from its value on Good Friday (71.5 US cents). The currency’s sell-off was sparked by yesterday’s weak consumer price index (CPI) — with the figures revealing that core inflation (at...
‘Only around 10% of Americans nationwide have been vaccinated, and many of the people at greatest risk have yet to receive a vaccine,’ says Barbara Alexander, president of the Infectious Diseases Society of America. Source
The claim says Mr Cradock directed a colleague within Indian banking to report his discovery to Commonwealth Bank of Australia (CBA) group security. According to the statement of claim, the colleague reported the matter on two occasions, but CBA...
In the pandemic’s early days, Commonwealth Bank economists warned the real estate market could crash if the virus ran rampant in Australia. If the country endured a “prolonged” economic downturn, their forecasts said prices could fall as much as 32...
Calls by Senator Matt Canavan, a former resources minister, for a 1 per cent levy on Australian iron ore exports to China will only add more fire to the trade war raging between the two countries. China watchers and economists...
When investors fall in love, consequences can be dreadful Source
Your undies and pet dog are off limits, okay? It’s almost tax time and many of us have been working from home for well over a year. So what can and can’t you claim when it comes to work your expenses? Accountant...
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