RBA’s stagflation nightmare: prices up, confidence down
16 April
The Reserve Bank board will have to earn its money to navigate Australia through a “nightmare” stagflation shock, a top central bank official says as confidence tanks and prices soar.
The RBA was still “feeling its way” through the energy...[Read More]
All options on table in drive to shore up fuel supply
16 April
Australia has avoided disruption to its international fuel supplies but that won’t stop the government considering all options to shore up provisions, including extracting more oil and gas.
Fifty-seven ships laden with crude oil, jet fuel, diesel...[Read More]
‘We won’t be spared’: inflation warning to Australia
16 April
The treasurer is jetting to the United States for talks as the International Monetary Fund warns Australia is is projected to have one of the highest inflation rates as the Middle East conflict threatens a global recession.
Jim Chalmers will head to...[Read More]
Spoils of Iran war to deliver Chalmers a budget boost
16 April
The Iran war is set to deliver a $36 billion windfall for Treasurer Jim Chalmers, but increased spending on cost-of-living measures could derail efforts to get the budget back in black.
Even with a fragile ceasefire holding in the Middle East, the...[Read More]
The power of superannuation, compounding, and staying the course
9 April
Superannuation is one of the most powerful long-term wealth-building tools available to Australians. Yet, despite its importance, it’s often misunderstood—particularly during periods of market volatility when balances fluctuate and confidence...[Read More]
April–May tax tips for Aussie small businesses: Get ahead before EOFY
9 April
As the financial year draws to a close, April and May are two of the most important months for small business owners across Australia. Rather than scrambling in June, this is the ideal window to get organised, optimise your position, and potentially...[Read More]
Starting a business? Here’s what to think about before you dive in
9 April
Launching a business is an exciting step, whether you’re turning a passion into profit or building something from the ground up. But before you register a name and start trading, there are important legal and strategic considerations that can make...[Read More]
Credit card points schemes in firing line after tweaks
9 April
Overseas trips and hotel stays funded through credit reward schemes could be in trouble as Australia’s central bank cuts fees on card transactions.
The Reserve Bank has revamped card usage by banning surcharge payments and cutting interchange...[Read More]
Australia faces ‘sharp recession’ if US escalates war
9 April
US President Donald Trump’s threat to send Iran “back to the Stone Ages” has rattled equity markets.
If he follows through, Australia is at risk of entering a recession.
In a prolonged war scenario, modelled by Oxford Economics Australia, the...[Read More]
War puts world on road to higher prices, slower growth
9 April
The war in the Middle East will lead to higher inflation and slower global growth, says the head of the International Monetary Fund ahead of next week’s global forecast for the world economy.
The war has triggered the worst-ever disruption...[Read More]
China moves to regulate digital humans amid AI boom
8 April
China’s cyberspace regulator has issued draft regulations to oversee the development online of digital humans, requiring clear labelling and banning services that could mislead children or fuel addiction.
The Cyberspace Administration of...[Read More]
Building the right team when buying an investment property
2 April
Purchasing an investment property is a major financial decision. For many Australians, it involves committing significant capital, taking on long-term debt, and relying on the property to help build wealth over time. Investment properties can...[Read More]
Starting or restarting a Fitness Regime in Your 60s
2 April
If you’re over 60, regular exercise is essential for maintaining health, energy, and independence. It reduces the risk of serious conditions such as heart disease, diabetes, and osteoporosis.
However, starting or restarting a fitness regime...[Read More]
The RBA conflict that could decide its next rates call
1 April
A conflict at the heart of the Reserve Bank’s mandate could determine the outcome of its next interest rates decision.
Minutes from the central bank’s March meeting published on Tuesday revealed a split between the five members who voted for a...[Read More]
Scam alert: Personal loan scams
1 April
What’s happening
Scammers are setting up fraudulent websites offering personal loans. They are also posting online advertisements for their services on social media platforms.
Once your application for a loan is approved, you’ll receive an...[Read More]