NEWS UPDATE
NEWS UPDATE
Australians are literally losing sleep over global warming, an international report has revealed, as rising temperatures make it harder to rest, exercise and work outdoors. Climate change is also costing the Australian economy $6.6 billion a year in potential lost earnings, while contributing to more…
In a fast-paced, evolving work environment, continuous learning and adaptability are paramount to dealing with unemployment and in building and succeeding in one’s career. Employees and employers alike need to embrace upskilling and reskilling strategies to meet market demands and enhance staff employability. Understanding Upskilling…
The GST should be raised and expanded to include more products in an attempt to pay down Australia’s ballooning national debt, a respected think tank has urged. The Grattan Institute has called for the federal government to lift the GST rate from 10 per cent…
Unemployment data will give the Reserve Bank an idea of how its interest rate hikes are affecting Australia’s economy, as a readout of its last meeting informs economists of its thinking. The Reserve Bank’s decision to raise the cash rate to 4.6 per cent in…
Australian businesses will need time to adjust to the new ban on card surcharges as the major banks prepare for a potential merchant fees war. The change, driven by the central bank to give consumers transparency at the till, only came into effect on Thursday….
Financial stability doesn’t usually come by chance; it requires preparation and strategy. Most of us depend on a steady paycheck, but few consider what would happen if it disappeared suddenly. Protecting yourself against financial disaster means planning ahead. Here are four key strategies to safeguard…
Because everyone wants your money, you can charge them more for it. That’s the issue facing governments forced to pay investors more for borrowing cash in the form of bonds. The eye-watering sums being raised by artificial intelligence “hyper-scalers” now mean there’s a flood of…
Australia’s unemployment rate probably needs to edge a little higher to help get inflation back under control, Reserve Bank governor Michele Bullock says. Prefacing her remarks by saying the RBA does not want to see high unemployment, Ms Bullock told a business event on Tuesday…
For many business owners, years — sometimes decades — of hard work go into building a business. Yet while considerable thought is often given to starting and growing a business, far less attention can be given to how that business will eventually end or change…
The adoption of artificial intelligence is rocketing in Australia, creating massive demand for infrastructure that will deliver jobs and economic benefits. The nation was at the “cusp of a data centre boom”, Oxford Economics head of economics Harry Murphy Cruise told a conference in Sydney…
Eligible small businesses can continue to claim an immediate deduction for assets costing less than $20,000. From 1 July 2026, the $20,000 instant asset write-off is permanent, giving eligible small businesses greater certainty when investing in assets. If your business has an aggregated annual turnover…
One-size-fits-all restrictions on how artificial intelligence data centres are powered could send investment in the growing technology overseas, business groups warn. In a submission to a Senate inquiry into AI data centres, the Australian Chamber of Commerce and Industry said a source neutral approach was…
Artificial intelligence could be the ticket out of stunted economic growth while risking the future of increasingly high-skilled jobs, according to Treasury advice. In a brief handed to the treasurer, AI has been characterised as a tool which could provide significant productivity gains across the…
A modular home factory will receive $120 million in taxpayer backing to turbocharge the fledgling industry and solve Australia’s housing shortage. The investment in Built Living – a 50:50 joint venture between Australian contractor Built and Bunnings owner Wesfarmers – is the first foray into…
Workers being able to access their superannuation early would destroy their retirement earnings, the treasurer has warned, following calls by Pauline Hanson. The One Nation leader has called for a relaxation of rules that would allow people to withdraw their super in times of crisis…
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Financial Services Guide Part 1
Joel Plowman’s Financial Services Guide Part 2
Leigh Jenkins Financial Services Guide Part 2
Rod Harper Financial Services Guide Part 2
Mark Trajkovski Financial Services Guide Part 2