TOPIC
The 2026 global economy: nervously muddling through
The world economy enters 2026 in a nervous state. Volatility and cautious consumers are the norm, even though growth has proven surprisingly resilient.
Government brushes aside RBA’s debt blowout warning
Last week, the Reserve Bank of Australia (RBA) warned that optimistic borrowers could lead to a debt blowout, rocking the financial system. Read...
Economy may have just hit pre-COVID levels
According to the International Monetary Fund (IMF), Australia is likely to have reached its pre-COVID economic levels as of the March quarter,...
CBA given $7m penalty for overcharging interest on business accounts
The Federal Court of Australia has ordered the Commonwealth Bank of Australia (CBA) to pay a $7 million penalty after declaring the bank guilty...
Charities watchdog flags financial reporting errors across the sector
The Australian Charities and Not-for-profits Commission (ACNC) this week urged organisations across the sector to enhance their financial...
Home loan commitments crash for the first time since May
After eight consecutive months of growth, new loan commitments for housing fell 0.4 per cent to $28.6 billion in February 2021, the Australian...
RBA reaches decision on official cash rate for April
As widely predicted, the RBA has decided to hold the cash rate at a record-low 0.1 of a percentage point. Read more at...
Job vacancies surge on eve of JobKeeper ending
Australian Bureau of Statistics’ latest job vacancy figures showed that job vaccines have increased by 14 per cent between November 2020 and...
Aussies ‘get nothing’ without super increase: Keating
Speaking to media, former prime minister Paul Keating said the government needs to continue to lift the rate of superannuation to 15 per cent,...
JobSeeker cuts push 155k Aussies into poverty
According to the Australian Institute’s Matt Grudnoff, the government’s choice to reduce welfare payments will mean there will be over a million...
ATO slammed over ‘soul-destroying’ fraud allegations
The ATO continues to adopt an approach that leaves taxpayers facing an “expensive, exhausting, and often soul-destroying” process to clear their...
