Finance
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Ian Thorpe’s bizarre new role
EVERY former Olympian faces their own unique struggle to transition into civilian life, but Thorpie’s story is truly one of a kind.
Startling stats about our changing population
BEFORE the end of the decade, the world will experience an unprecedented “crossing” event that will forever change our societies.
‘We bought a town by accident’
WHEN Natali Williams and her husband attended a country auction, she didn’t expect to end up buying the whole town.
Election kills off unpopular tax
ONE of the Government’s most unpopular tax proposals looks set to be ditched, leaving a $40 million hole in the Budget.
Finance news you need to know today
THE Supreme Court has declined to hear Philip Morris USA’s challenge to a $35 million payout to a man whose wife died of lung cancer.
Dollar dips despite oil price gains
THE Australian dollar has edged lower despite a rally in global oil prices.
Australian market set to open higher
THE Australian market looks set to open higher after Wall Street rallied sharply, juiced by a jump in Apple shares.
Australian Market Data at 07:51PM
Index / Security | Price | Change | Percent |
---|---|---|---|
All Ords | 5458.5 | +38.20 | + 0.70% |
S&P;/ASX 50 | 5382.2 | +32.70 | + 0.61% |
ASX200 | 5395.9 | +37.00 | + 0.69% |
S&P;/ASX 300 | 5353.6 | +36.20 | + 0.68% |
S&P;/ASX MidCap | 5523.2 | +63.60 | + 1.16% |
S&P;/ASX Small Orders | 2311.2 | +14.90 | + 0.65% |
S&P;/ASX 20 | 3110.5 | +18.10 | + 0.59% |
S&P;/ASX 100 | 4464.6 | +30.40 | + 0.69% |
Ian Thorpe’s bizarre new role
EVERY former Olympian faces their own unique struggle to transition into civilian life, but Thorpie’s story is truly one of a kind.
Ford GT’s secret Aussie ingredient
IT’S not quite like selling ice to eskimos, but it’s close. A little known Aussie company has taken on the global car industry with the most advanced wheels in the world.
ANZ Bank slashes hundreds of jobs
ANZ Bank is cutting hundreds of Australian jobs, blaming tough economic conditions and low lending growth.
Coles kicks off new milk price war
AFTER years of driving down the price of milk, Coles says it will launch a new, more expensive home brand to help struggling dairy farmers.
Big tobacco’s plan to stop plain packaging
AN international tribunal has unveiled a secret ruling confirming it had rejected a bid by Philip Morris to sue Australia over its plain packaging laws.
Secret that could spark meltdown
YOU DON’T need a “good job” to get a mortgage if your loan documents boost your salary by $288,000. But the consequences are frightening.
Issue Bill should be nailing, but isn’t
AS A former union leader, it should be Bill Shorten’s bread and butter. But this is one issue he is bizarrely shying away from.
Donald Trump’s ex-girlfriend hits back
ONE of Trump’s ex-girlfriends has lashed out at fresh reports alleging he has made “unwelcome romantic advances”.
Dodgy college’s $50m comeuppance
THE crackdown on dodgy private college operators rorting the taxpayer has finally drawn blood, with millions of dollars to be refunded.
$43 million train to nowhere
MALCOLM Turnbull is so desperate to buy your votes, he’s willing to spend $43 million of taxpayers’ money upgrading 650 metres of train line.
Startling stats about our changing population
BEFORE the end of the decade, the world will experience an unprecedented “crossing” event that will forever change our societies.
Election kills off unpopular tax
ONE of the Government’s most unpopular tax proposals looks set to be ditched, leaving a $40 million hole in the Budget.
Last time we messed with housing
NEGATIVE gearing is one of Australia’s biggest political battles, and the scare campaigns are here. We can learn from the past.
WA borrowers put faith in fixing
UNCERTAINTY in the WA economy and low-rate deals are driving more borrowers towards fixed-interest home loans.
‘We bought a town by accident’
WHEN Natali Williams and her husband attended a country auction, she didn’t expect to end up buying the whole town.
Rent palace with Royal butler for $1
A PALATIAL home in a popular Sydney region is being offered for just $1 rent, complete with use of a chauffeur and the Queen’s former butler.
Welcome to our blingiest building
ENCASED in gold, boasting high-end retailers and even a “rainforest reading room” could this be the skyscraper equivalent of a luxury handbag?
Golden age coming to an end?
A CRACKDOWN on foreign buyers sounds good for housing affordability, right? Good intentions may have unintended consequences.
How not to get screwed by your mates
IF WE’RE to learn anything about the recent $40m Powerball hoo-ha, it’s that if you enter a syndicate with your mates, be smart about it.
Billionaire’s awkward backfire
BILLIONAIRE George Soros has been caught out in the massive Panama Papers leak — released by a group of journalists which he funds.
Powerball saga just got crazy
THE $40m Powerball battle rocked with fresh allegations that the registered ticket-holder’s son got a share in the winnings.
Mini mogul turns down $41m
DON’T be fooled by his braces. Baby-faced Taylor Rosenthal is a budding Bill Gates. The teen has turned down a $41m offer.
Shop fined for ‘sexist’ hours
A SHOPKEEPER has been fined $730 for ordering different opening hours for men and women at his store.
Tax deductions for cars rev up
TAXPAYERS are claiming larger work-related car expenses - but rule changes to be introduced this year are set to slow down many motorists.
Start-ups strangled by visa red tape
A HIGH-FLYING entrepreneur who was deported from Australia has thrown a spotlight on how the immigration system is failing start-ups.
Meet fashion’s hottest new trend
IT TOOK a session in a teddy workshop that gave Mon Purse fashion entrepreneur Lana Hopkins her business ‘light bulb’ moment.
Double hit on retirees’ income
ADVISERS often say it’s better to invest in bank shares rather than bank deposits — but both are pretty poor at the moment.
Why two eggs are better than one
COUPLES have much more flexibility when navigating the fresh round of superannuation changes unveiled in last week’s Budget.
The $1.3 trillion broken promise
TONY Abbott once called it “one of the biggest con jobs ever foisted on the Australian people”. He was probably right.