Economy

Australia’s $2 billion plan to support green aluminium production aims to revolutionize the industry by transitioning smelters to renewable energy. Praised by environmentalists and business leaders, the initiative also faces…

The ATO has identified a common tax mistake affecting millions of Australians. Many workers are unknowingly breaching rules on clothing deductions, risking penalties in the process. Strict guidelines dictate what…

Superannuation funds delivered exceptional double-digit returns in 2024, driven by strong performances in shares and diversified portfolios. With Raiz Super leading the pack at 14.7%, this year's results highlight the…

Decades-old welfare debts are haunting hundreds of thousands of Australians, with a controversial calculation method now under fire. Services Australia faces allegations of unfairly raising billions in debts, some dating…

Wendy’s is making a bold comeback in Australia’s fast-food market after 40 years. Facing stiff competition and operational challenges, the brand aims to win over local consumers with strategic growth…

Australian workers are celebrating a $54 weekly wage boost, but tax experts are warning of unexpected consequences. With the increase potentially pushing some into higher tax brackets, the ATO is…

NAB’s Islamic finance expansion enables Australian businesses to access ethical, interest-free funding without property collateral. This move supports diversity and entrepreneurial growth.

Australian travelers heading to the United States are about to see a major shift in how they clear customs. A new program promises to make the process faster and more…

Bank of Queensland faces backlash after systemic failures led to fees being charged to deceased customers' accounts over four years. A damning report reveals over 2,500 breaches, sparking calls for…

A new report highlights a major Australian city grappling with soaring petrol prices, raising questions about what’s driving the surge and its impact on drivers.

Australians could soon see a major shift in how they pay, as the Commonwealth Bank calls for a ban on card payment surcharges. With hidden fees costing consumers billions each…

In order to modernize the National Broadband Network (NBN) and provide faster internet to millions of people, Prime Minister Anthony Albanese has launched a $3 billion proposal. In light of…

Regional students can access up to $5,000 through the Tertiary Access Payment to help cover relocation costs for higher education. This financial boost aims to bridge the gap in education…

Sydney Train services are grinding to a halt as unions and the government remain deadlocked over pay disputes. Commuters brace for slower journeys and widespread disruptions across the network.

Eligible motorists across New South Wales are being urged to check their entitlement for toll rebates, with $140 million in unclaimed funds still available. The state government’s $60 weekly toll…

The Australian dollar has dropped roughly 10% against the US dollar in recent months, with experts attributing this to a mix of domestic and global factors.

The deployment of mobile phone detection cameras has sparked significant backlash, with drivers contesting fines over alleged inaccuracies. Calls for transparency and reform grow as legal challenges and public mistrust…

Will 2025 unlock savings for mortgage holders? Economists hint at upcoming rate cuts that could ease financial pressure, but the timing and impact remain uncertain. How much could your repayments…

Sweeping changes that will affect millions of people across the country are quietly taking effect as Australia rings in 2025. From subtle shifts in welfare payments to new workplace protections…

In 2025, Aussies may see some welcome changes to their finances. Canstar has predicted potential rate cuts and new support payments that could offer relief for households. But will these…

Out-of-control bushfires are tearing through Victoria's Grampians National Park, threatening nearby communities as winds reach 100 km/h. With 68,000 hectares already scorched and emergency evacuations underway, residents face an uncertain…

Australia’s living standards are slipping, and the culprit might surprise you. A startling drop in productivity, compounded by record-high government spending, is leaving households and businesses struggling. What’s really behind…

When will the Reserve Bank of Australia finally bring relief to borrowers? Westpac has pinpointed key dates for interest rate cuts in 2025, offering a light at the end of…