Stamp duty axed as budget tackles housing crisis
First home buyers in the ACT will no longer have to pay stamp duty, the territory government will reveal, as it hands down a budget mired in debt. Housing is…
Aussie retailers under pressure from e-commerce giants
Australians are paying more for online deliveries, and while faster and more convenient, the rise of global e-commerce giants could spell trouble for local retailers. With labour, fuel and maintenance…
Hundreds of jobs to go as barbecue retailer sizzles out
Hundreds of workers will lose their jobs after retail chain Barbeques Galore collapsed, ending an almost 50-year run. The company was placed into voluntary administration in February, with receivers tasked…
‘Back in the 1970s’: NDIS changes to take away dignity
Disabled Australians have slammed a huge overhaul of funding that would give a single minister the power to cut support as they see fit. People have been given just over…
Aussie demand for SpaceX float overwhelms call centres
Australian investors are lining up to jump aboard one of the world’s hottest initial public offerings, the launch of Elon Musk’s SpaceX. The spaceflight and artificial intelligence company will go…
Big bank changes RBA rate call as cost pressures ease
The Reserve Bank’s next interest rate move is more likely to be down than up, economists at National Australia Bank say. NAB has joined Commonwealth Bank and ANZ in forecasting…
Gas lobby desperation as global demand plummets
While the gas lobby continues to cry crocodile tears about taxation hindering new investment, the global market for gas tells a different story. What’s the scam? The scam is that…
Aussie shares fall after US rate expectations repriced
Australia’s share market has slipped after returning from the long weekend, following surprising US jobs data which increased the odds the Federal Reserve will have to hike interest rates before…
Clean energy COP hits fossil fuel phase-out demands
Electrification and clean energy have been foregrounded by the Australian leader of international climate negotiations as a prominent green group demands progress on a fossil fuels transition. Energy and climate…
Top African referee Omar Artan refused access to US and will miss World Cup
Was going to be first Somalian to officiate at a World Cup ‘He deserves the support of the football community’ A Somali referee, who was set to become the first…