Djamila Lazri
Australian Retailer Jeanswest Collapses, 90 Stores to Shut and Hundreds of Jobs Lost
Jeanswest is shutting down over 90 stores across Australia after years of financial struggle. The collapse puts more than 600 jobs at risk, according to ABC News.
Coalition Proposes 40,000 Public Service Job Cuts Amid Budget Debate
The Coalition is sharpening its stance on government size, linking job cuts to broader fiscal goals. Labor, meanwhile, defends its staffing increases as a shift away from costly outsourcing.
Australian Taxpayers Set to Benefit From New Federal Tax Cuts in 2026 and 2027
From 2026, new tax cuts will gradually boost take-home pay for millions of Australians. Savings will grow further in 2027, with low and middle-income earners set to benefit most.
Illegal Tobacco Trade Slashes Australian Budget by $6.9 Billion
Illegal tobacco is eating into Australia's federal revenue, costing billions in lost excise. Authorities are stepping up enforcement as black market sales continue to rise.
Coalition Rejects Labor’s Proposed Tax Cuts Ahead of Federal Election
aylor dismissed the proposed tax cuts as a short-term political tactic. He argued they offered minimal relief for families under financial pressure.
Australians Facing Retirement With Mortgage Debt
As more Australians retire with mortgage debt, experts suggest that strategic financial planning could help ease the burden. This growing trend is expected to double in the coming years.
Minister Defends Suburban Rail Loop After National Body Raises Delivery Doubts
The Suburban Rail Loop East project faces growing scrutiny as Infrastructure Australia questions its cost estimates and long-term viability. Minister Harriet Shing maintains the project is on track, despite concerns…
State Begins Review Process on Gold Coast Light Rail Expansion
The 13-kilometre expansion has sparked debate, with concerns over displaced homes and parking spaces. The state government is now reviewing the project following backlash from local communities.
Should You Buy ARB Shares Amid a 10% Fall?
Insiders have recently purchased $1 million worth of ARB shares, signaling confidence despite the stock's 10% drop. The Motley Fool highlights that the company's long-term growth prospects remain promising.
ACCC Pushes for Supermarkets to Publicize Size Changes in Shrinkflation Crackdown
The ACCC is pushing for supermarkets to disclose when product sizes are reduced while prices remain the same or increase. This move aims to enhance transparency and protect consumers from…
Trump Targets Australian Beef Exports as Us Farmers Push for More Tariffs
The U.S. beef industry has criticized Australia’s trade practices, citing a long-standing ban on uncooked U.S. beef and a growing trade deficit. Tensions rise as tariffs and trade reforms loom.
Trump Refuses Tariff Exemptions as Australia Seeks Resilience in Trade Relations
Dr. Jim Chalmers warned that the indirect effects of rising trade tensions are more concerning than the immediate impact of the tariffs. Australia's strategy aims for resilience, not retaliation, amid…
ATO Introduces New Digital ID Requirement for Businesses
The new Digital ID system will require businesses to verify their identity before accessing ATO online services. This change aims to enhance security and improve user authentication processes.
Australian Government Set to Make Crucial Change to Emissions Regulations
The Australian government's upcoming emissions changes, highlighted by the New Vehicle Efficiency Standard (NVES), aim to increase vehicle efficiency while balancing market needs. CarExpert reports that these adjustments will reshape…
COSOBA Warns of Economic Crisis Unless Government Supports Businesses
COSOBA and AiG are urging the government to take immediate action to support businesses facing rising costs and inflation. Without intervention, they warn of long-term economic instability.
Australia Regulator Sues FIIG Securities Over Cybersecurity Failures
ASIC has taken legal action against FIIG Securities, alleging that the company’s inadequate cybersecurity measures led to a significant data breach. The breach exposed sensitive information of around 18,000 clients.
Renting Has Never Been Harder in Australia, Especially in This State
Renting in Australia has reached crisis levels, with rising rents outpacing income growth. Median-income households now struggle to afford even a third of available rental properties.
Australia’s Electricity Prices Expected to Surge by 10% in 2025
Electricity prices in New South Wales, South-East Queensland, and South Australia are expected to rise significantly in 2025, adding to the financial pressure on households. Vulnerable communities are set to…
ATO Seeks New Members for Its Tax Practitioner Stewardship Group
The ATO is seeking diverse tax professionals to join its Tax Practitioner Stewardship Group, aimed at improving engagement and gathering feedback on policy changes. This initiative provides an opportunity for…
ATO Issues Warning on Tax Compliance for Small Businesses
With tax time approaching, small businesses are urged to review their financial records and seek professional advice. The ATO’s proactive approach aims to ensure compliance and promote good business practices.
Aussie Superannuation Funds Face Turmoil Amid US Stock Market Downturn
The recent turmoil in US stock markets has shaken Australian superannuation funds, with fears of a recession and escalating tariff conflicts driving significant market declines. As super funds take a…
RBA Rate Cut Boosts Consumer Confidence to Three-Year High in March
RBA's rate cut has pushed Australian consumer confidence to a three-year high, marking a significant shift after years of economic uncertainty. The latest data suggests a potential rebound in household…
Jobseeker Payments Still Too Low to Escape Poverty Despite Recent Hikes
Despite recent increases, JobSeeker payments remain too low for recipients to afford basic necessities. As living costs rise, thousands continue to struggle below the poverty line.
Australian Government Increases Funding to Combat Illicit Tobacco Trade
Australian Border Force has seized 1.3 billion illegal cigarettes in just six months, highlighting the scale of the illicit tobacco trade. Authorities warn that criminal networks are using the profits…
US-Australia Trade Tensions Rise as Albanese Slams Unjustified Tariffs
Australia condemns new US tariffs on steel and aluminium, warning they could harm economic ties and escalate the US-Australia trade dispute.
Western Australia to Increase Casual Loading Rate to 25% From April 2025
The casual loading rate in Western Australia will increase from 20% to 25% from 26 April 2025, impacting thousands of workers under WA awards.
Age Pension Increases and Asset Limits Changing in March
The age pension is set for a modest increase on 20 March, alongside adjustments to income and asset thresholds. These changes aim to help retirees maintain financial stability amid rising…
Australians Warned of Scam Surge Following Ex-tropical Cyclone Alfred
Australians recovering from ex-Tropical Cyclone Alfred are being warned of a surge in scams targeting both victims and donors. Authorities report an increase in phishing attempts, fake charity appeals, and…
Cyclone Alfred Disrupts Supermarket Supply Chains Across Queensland and New South Wales
The aftermath of Cyclone Alfred has disrupted supermarket supply chains, causing shortages of essential goods across multiple regions. Consumers are facing delays in restocking as transport and distribution networks work…
Cyclone Alfred Economic Cost Could Reach 1 Billion Dollars per Day
The economic impact of Cyclone Alfred is unfolding rapidly, with businesses shut down, infrastructure damaged, and insurance claims surging. Costs are expected to climb into the billions as recovery efforts…
The Hidden Impact of a US Trade War on Australians From Shopping to Superannuation
The US Trade War is sending shockwaves through the global economy, and Australians could soon feel the impact. From rising prices to superannuation volatility, the effects may be unavoidable.
Albanese Confirms Alfred Will Have Lasting Economic Effects
Businesses are closing, workers are stranded, and the government is bracing for the economic fallout of ex-tropical cyclone Alfred. Albanese confirms urgent recovery efforts are underway.
Global Markets Shaken as Trump’s Tariff Policies Continue to Create Uncertainty
Uncertainty over President Trump’s shifting tariff policies has led to significant stock market declines. Experts warn of potential long-term economic consequences.
Medibank to Return $160 Million to Customers in Latest Pandemic Cash Back Initiative
Medibank is set to return $160 million to policyholders, continuing its pandemic-era commitment to refund savings from lower-than-expected claims. Eligible customers will receive automatic cash back payments by September 2024.
Tropical Cyclone Alfred Threatens Agricultural Supply Chains in Queensland and Northern NSW
Tropical Cyclone Alfred is intensifying, posing a threat to agriculture in Queensland and northern NSW. Farmers face potential supply chain disruptions and livestock risks as the storm approaches landfall.
Airlines Respond to Tropical Cyclone Alfred with Flexible Travel Policies
Airlines are adjusting their policies as Tropical Cyclone Alfred approaches, offering passengers flexible rebooking options. Severe weather is expected to disrupt travel across Queensland and New South Wales.
Australian Housing Market Reaches Record High After RBA Rate Cut
The housing market is showing renewed momentum following the RBA rate cut, with buyers re-entering as borrowing conditions improve.
Millions of Australians Health Insurance Hit by Hike – David Koch Warns of Rising Costs
Millions of Australians face a private health insurance hike from 1 April, with increases surpassing inflation. David Koch urges consumers to review their policies to avoid overpaying.
More Than 1,326 Centrelink Recipients Affected by Wrongful Payment Cancellations
Thousands of Centrelink recipients were wrongly cut off due to IT glitches, leaving many in financial hardship. As investigations continue, questions arise over the legality of the system’s enforcement.
Universal Bulk Billing at Risk Despite Massive Medicare Boost
Australia's universal bulk billing faces challenges despite a significant Medicare boost. Experts warn that funding may not be enough to restore free GP visits in all areas, particularly in wealthier…
Australia Invests $17.1 Million to Enhance Beach Accessibility for People With Disabilities
Australia has invested $17.1 million to improve beach accessibility for people with disabilities, enhancing inclusivity at iconic coastal destinations. The initiative will provide better access through all-terrain wheelchairs and improved…
£7 Billion Melbourne Airport Rail Link Confirmed – What It Means for Travellers and Commuters
The £7 billion Melbourne Airport Rail Link is set to transform travel, providing a long-awaited direct connection between the airport and the city.
Jetstar Offers Flights From 29 Dollars Domestic and 145 Dollars International
Jetstar unveils huge discounts with domestic flights from $29 and international fares under $300. Seats are limited—act fast.
More Australian Employers Now Require Full Time Office Attendance
Australian employers are increasingly requiring staff to return to the office full-time, marking a shift away from remote work flexibility. As businesses follow industry trends, more employees are expected to…
Australia’s Urban Sprawl Leaves Outer Suburbs Struggling With Basic Services
Australia’s Urban Sprawl is reshaping outer suburbs, creating challenges with commutes and limited access to essential services. Experts warn of the long-term impact on quality of life.
Commonwealth Bank Reaffirms Cash Is Vital for Australia’s Future
Commonwealth Bank CEO Matt Comyn reassured customers that cash remains essential, emphasising its crucial role in supporting communities. The bank remains committed to ensuring physical money is available for those…
RBA Governor Michele Bullock Warns: High Prices Are Here to Stay Despite Cooling Inflation
RBA governor Michele Bullock cautions that while inflation is easing, prices won’t return to past levels. With interest rate cuts and global uncertainties ahead, what’s next for Australia’s economy?
Anthony Albanese’s £8 Billion Plan to Expand Free GP Visits Across Australia
Anthony Albanese unveils a bold £8.5 billion plan to expand free GP visits, aiming to boost bulk-billing rates to 90%. How will this reshape healthcare access in Australia?
The Hidden Costs of Australia’s Mortgage Refinancing Frenzy You Need to Know
Many Australian homeowners are rushing to refinance after the recent interest rate cut, hoping for lower repayments. However, hidden costs such as discharge fees, government charges, and mortgage insurance can…
ASX 200 Tumbles for Fifth Straight Session as Banks and Consumer Stocks Slide
The ASX 200 extends its losing streak, dragged down by financial and consumer stocks. Investors react sharply to earnings surprises—what's driving the market downturn?
