Business News
Should we scrap the $100 note?
THERE are growing calls to abandon the 300 million $100 notes in circulation. Here’s why it makes a whole lot of sense.
RBA signals rates pause with downside bias
The minutes of the Reserve Bank's latest board meeting were not explicit, but still suggest a pause in interest rate moves, albeit with risks tilted downward.
Taxman’s $10bn Facebook raid
THE flashy lifestyles of Australians who report modest incomes, but live it up on social media, are being investigated by the Australian Taxation Office.
‘Trump is full of bulls**t, I don’t like him’
GERRY Harvey has likened Donald Trump to Kevin Rudd, saying he’s fooled the American public and like Mr Rudd won’t deliver the policies he campaigned on.
How this guy’s $70k trip cost just $540
A SAVVY traveller splashed out on a luxury, round-the-world trip worth $70,000, but thanks to some smart savings, it cost him just $540. Here’s how.
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Red or blue, it’s white knuckles
INVESTORS are bracing for fireworks on the stockmarket today as “the greatest show on Earth” reaches its climax, although analysts expect any fallout from the US election result to be short-lived.
Aussie eyes on trade titan’s fortune
THE Federal Government’s struggle to rein in the Budget risks exposing the Australian economy to a slowdown in Chinese growth, according to new research.
Poll scrapped CBA axes vote over CEO bonus
THE Commonwealth Bank has axed plans to allow shareholders to vote on a share bonus for chief executive Ian Narev — but will still hand over the shares.
Mining probe Top Rio executive stood down
MINING giant Rio Tinto has suspended a senior executive and is launching a probe into more than $13 million in payments made to a consultant.
Visa crackdown will put Aussies first
IMMIGRATION Minister Peter Dutton is set to announce a shake-up of the 457 visa system that will be good news for Australian workers.
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.