AAP
Card surcharge ban will take time to work through: bank
7 October
Australian businesses will need time to adjust to the new ban on card surcharges as the major banks prepare for a potential merchant fees war.The change, driven by the central bank to give consumers transparency at the till, only came into effect on...[Read More]
Small business delivers e-safety wishlist as risks grow
7 October
Small business owners need help – not regulation – to battle growing cyber threats, industry groups say.Business representatives addressed a cybersecurity inquiry at small and medium-sized enterprises in Canberra on Tuesday, as threats from...[Read More]
Home buyers are waiting to see where market lands: bank
7 October
Home buyers are holding off to see where the falling Australian housing market lands as high interest rates, stubborn living costs and federal tax changes weigh on valuations.After a strong financial year of loan growth at People First Bank –...[Read More]
Housing update to show target slipping further away
7 October
Australia is set to fall further behind on its bid to build 1.2 million new homes in five years.Less than two years in, the nation is already more than 100,000 homes short of schedule.The deficit is unlikely to be narrowed when the Australian Bureau...[Read More]
Aussies forgoing lifestyle for homes in record numbers
30 September
Australians are willing to cut back their spending in record numbers to afford a property, affirming the ongoing value of home ownership, new data shows.More than 75 per cent of residents were willing to cut their spending back to afford a home, a...[Read More]
Debt concerns: treasurer’s era of cheap-money ending
30 September
Because everyone wants your money, you can charge them more for it.That’s the issue facing governments forced to pay investors more for borrowing cash in the form of bonds.The eye-watering sums being raised by artificial intelligence...[Read More]
Broad support for buying homes with super, poll shows
23 September
Most Australians want to be able to tap into their retirement savings to buy a home, a new poll has found, as parties jostle over how much control people should have over their superannuation.The idea was backed by 60 per cent of the 1583 eligible...[Read More]
Aussie investors using AI to trade in a volatile market
23 September
Mum and dad investors are increasingly using artificial intelligence to inform their stock market decisions in a fast-moving investment environment.Just under half, or 48.6 per cent, now use AI tools when planning where to place their hard-earned...[Read More]
Soft landing botched: IMF backs more rate rises
23 September
A global financial body has given the Reserve Bank the green light to hike interest rates and urged Treasurer Jim Chalmers to be bolder on tax reform.With a break-out in price growth hitting Australians’ living standards, returning inflation to...[Read More]
‘Doing what we want’: Labor stands by housing tax moves
16 September
Changes to property tax breaks in the federal budget are working, the housing minister says, as data shows most home vendors are still making massive profits despite a downturn. Clare O’Neil brushed off figures from the Housing Industry...[Read More]
Travellers facing higher airfares going into Christmas
16 September
Domestic travellers risk paying more for airfares leading into the busy Christmas and New Year holiday period. The prospective increases by Qantas, Jetstar and Virgin Australia on major routes are being driven by capacity cuts and ongoing management...[Read More]
Renovation nation: Aussies plan $85b in energy upgrades
16 September
Australian households plan to spend $85 billion on home energy upgrades over the next five years, a study has found, averaging more than $8300 per home. But renters and younger Australians could miss out on the trend, with both groups budgeting...[Read More]
Australians are ‘furious’ about inflation: RBA deputy
9 September
Australians are “furious” about inflation and it will take the nation years to fully get on top on higher post-pandemic living costs, the Reserve Bank’s deputy governor says. Ahead of the central bank’s meeting later this month on interest...[Read More]
Cold start to nation’s normally hot home sales season
9 September
Australia’s peak property season has opened with a whimper, featuring low stock and lacklustre auction success rates. Capital cities hosted just 1462 auctions in the first week of spring – more than 30 per cent down on the figure for a year...[Read More]
AI boom forecast as Australia’s biggest bonanza yet
9 September
The adoption of artificial intelligence is rocketing in Australia, creating massive demand for infrastructure that will deliver jobs and economic benefits. The nation was at the “cusp of a data centre boom”, Oxford Economics head of economics...[Read More]