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The US Federal Reserve has announced the most aggressive interest rate increase in nearly 30 years, and said it is prepared to do so again next month in an all-out battle to drive down surging inflation.
Airbnb will refund thousands of Australians after the nation’s consumer watchdog announced it was taking the company to Federal Court.
Most Australian households are well-placed to absorb interest rate hikes despite fears of more cost-of-living stress, official Reserve Bank data shows.
A Melbourne share trader who used online posts to pump up share prices, then sell them for inflated prices, has become the first person in Australia to be convicted over a “pump and dump” scheme.
The Australian chief executive of biopharmaceutical company AstraZeneca has been knighted by Queen Elizabeth II for spearheading the response to the global Covid-19s pandemic.
Crown Melbourne has been fined $80 million over its China Union Pay process, which let patrons use their credit cards to access money to gamble.
Low-income earners are facing decade-long wait times for social housing, with state governments struggling to meet ballooning demand across the country, a new study has revealed.
A Sydney builder has used the empty rooms of his home to make money, renting out the spaces to help pay his mortgage.
Australians living in fear of their sweat patches could soon find relief through a new gel aimed at quelling excessive perspiration.
Trans and gender-diverse staff at Coles will be entitled to up to 10 days of paid “gender affirmation” leave, the supermarket giant has announced.
Police have detonated a suspicious device inside a suburban Brisbane home and taken a man into custody following an hours-long siege.
Uber has launched a new in-app feature that allows its women and non-binary drivers to indicate a preference for accepting women-rider-only trip requests.
Uber could face a huge fine after it admitted misleading millions of Australian users through “free cancellation” warnings.
Let me put a bit of a bent on an old saying: “Enjoy the chocolate Easter eggs today … because it’s going to be boiled lollies for Christmas”.
The Australia’s top 100 online retailers have been revealed, with a popular household hardware chain taking out the top gong.
A Sydney-based tech company that developed world-first technology to track shopping trolley movements and unlock them with a QR code is expanding into Asian markets to help retailers save hundreds of thousands of dollars.
Australia’s longest serving Treasurer, Peter Costello, has chimed in on current cost of living increases, pointing the finger at the Reserve Bank of Australia (RBA).
Rogue bartenders could be serving some extra customers this week, with the pint police coming out in force to ensure the right amount of liquor is being poured.
One of Australia’s biggest alcohol chains, Dan Murphy’s, is opening the doors to its very first bar and bottle shop in Melbourne’s south.
Victoria’s mask mandate is causing “resentment and unhappiness” for hospitality and retail workers, according to a Melbourne business owner.
Live music venues, galleries, museums and gyms suffered the biggest hit in January as Omicron affected business turnover, latest ABS figures reveal.
Iconic Aussie fashion retailers have suspended sales to Russia amid the ongoing Ukraine conflict.
A Queensland business is serving up free warm doughnuts to “anyone who rocks up” in a bid to raise funds for those impacted by the floods.
Tech billionaire Mike Cannon-Brookes and his partners Brookfield Asset Management have backed down on their bid to take over AGL energy.
The Australian sharemarket managed to close a smidgen higher in a volatile trading session following the previous day’s bloodbath, with a surprisingly positive lead from Wall Street behind the recovery.
Drivers already paying record or near-record prices at the bowser can expect more hip-pocket pain, with the Russia-Ukraine crisis expected to deliver nasty supply shocks to energy markets.
The Australian sharemarket suffered its worst one-day fall in almost 18 months on Thursday.
The boss of Blackmores says the vitamins and supplements giant is not really relying on Chinese “daigou” shoppers anymore as it gains more market share in Indonesia and Thailand, while the huge opportunity of densely-populated India will be a slow burn.
Qantas is still posting sizeable losses but showing signs of bouncing back from devastation wrought by the Covid-19 pandemic, encouraging expert observers that it’s near-death experience is now behind it.
Domino’s Pizza is rolling out new meal offerings, continuing to aggressively expand its store network and reduce delivery times, but has disappointed investors and analysts with its latest financial results.
The Australian sharemarket gained ground despite a week lead from Wall Street and nations including our own slapping sanctions on Russia as it seemingly steps closer to invading Ukraine.
Australian wages continue to rise but not enough to fuel more talk of an early cash rate hike by the Reserve Bank of Australia.
The Australian sharemarket slid firmly into the red, along with other global markets, as investors fretted about mounting Russia-Ukraine tensions.
Not a single cent of $6.3 million promised to improve mental health among the fly-in fly-out workforce has been spent, with a union describing the situation as “absolutely disgraceful”.
The iconic Kookaburra Queen cruise ship is being turfed out with “nowhere else to go” following the redevelopment of Brisbane’s waterfront precinct.
The Australian sharemarket climbed firmly into the green after Russia announced it was pulling back some troops from Ukraine’s border, with sentiment further boosted by a flurry of strong half-yearly earnings reports from local companies.
Demand for skilled workers around Australia has climbed to epic proportions, a new government report confirms, with internet job advertisements up a whopping 54 per cent in January compared to pre-Covid levels.
A major bank has changed its residential property price forecasts, now expecting average capital city values will rise 8 per cent this year and fall 6 per cent in 2023.
Punitive tariffs on Australian wine in China have effectively closed the major market to local producers, an industry heavyweight says, as tensions between the two nations shows no sign of improving soon.
The Australian sharemarket closed lower after overseas markets pulled back, with the world on edge awaiting potential military chaos in eastern Europe.
One of the big four banks has brought forward its forecast for the Reserve Bank of Australia to lift the cash rate, saying the central bank’s prediction for underlying inflation is “significantly below” its own.
BHP’s boss has joined the throng of businesses and corporate lobby groups calling for Western Australia to fully reopen its border, saying “now is the time”.
A Russian invasion of Ukraine threatens to add another supply shock on top of Covid-19, pushing up prices for consumers, with Aussies already paying record prices at the petrol bowser.
The Australian sharemarket edged higher after gold and oil prices surged, amid fears of an imminent Russian invasion of Ukraine, boosting the stock of local producers.
Hygiene failures in the food services sector are costing the Australian economy $1.5 billion a year.
There’s no doubt JB Hi-Fi has had a stellar pandemic as Australians indulge in home tech upgrading, but the electronics and appliance giant has decided against providing full-year guidance, citing uncertainty due to Covid-19.
James Packer is set to become $3.26bn richer after Crown Resorts accepted an offer to sell its entire Australian casino empire to a US private equity firm.
The Australian sharemarket went backwards after Wall Street tumbled on the back of new inflation figures, but iron ore stocks rose as the price of the steelmaking commodity surged.
The Reserve Bank of Australia boss has again conceded interest rates could rise this year, saying it would be a “shock” to some homebuyers but others had got ahead on their mortgages.
The Queen is being monitored spending time with her son Prince Charles, who has tested positive for Covid for the second time.