Multinational investment bank UBS is set to purchase rival Credit Suisse after doubling its offer to $3 billion Swiss francs (AU$4.8 billion) in a bid to rescue the embattled lender. The two banks have been in negotiation all weekend with the announcement ...
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Households in New South Wales, south-east Queensland and South Australia are being warned to brace for a sharp jump in energy costs following the release of the Australian Energy Regulators' (AER) draft determination on electricity prices. The AER estimates ...
Australia should trial a four-day work week at full pay, according to a new Senate report. The Senate work and care committee, chaired by Greens senator Barbara Pocock, called for a suite of policies to adjust work-life balance, including a right to ...
Dear Paul, Now that Optus and Medibank have given criminals our date of birth, names, addresses, driver's licence numbers, passport numbers and phone numbers, how do we sign up for a credit history check or notification for when the criminals try ...
Inflation at 7.8%. Reserve Bank raising interest rates ten times in a row - despite saying it wouldn't raise them before 2024. Petrol prices up. And despite a lack of professional skills in some areas, continued disruption in the job market especially ...
Taxes are going up for superannuation balances above $3 million from July 1, 2025. The extra 15% tax on investment earnings impacts 80,000 Australians or 0.5% of savers with large, multimillion-dollar superannuation balances. It takes the concessional ...
As ever-increasing living costs continue to hit household budgets, it's essential to get a sense of your incomings, outgoings and overall financial position. While banking apps have come a long way in providing transaction and spending insights ...
Basketball legend gifts $US10 million to sick kids, cost of health cover to jump 2.9%, and new house construction slows to lowest level in a decade. Here are five things you may have missed this week. MJ slam dunks $US10 million into kids' charity ...
Dear Paul, We are 38 and 37 with two young children (seven and three). After the recent sale of an investment property, we have a $78,000 mortgage on our fully renovated primary residence worth about $750,000. We have $110,000 invested in shares and ...
Whether it's paying school or university fees, preparing for an international holiday or even purchasing a property in another country, Australians rely on being able to send and receive money overseas. In the past 12 months alone one in seven Australians ...
