Has someone asked to ‘rent’ your bank account?
Don’t let cybercriminals turn your bank account into a money mule. That’s the warning from authorities who have issued a major alert to bank customers, some of whom have been…
Banks told to make AI work for people, not against them
Australia’s banks should use artificial intelligence to enrich their customers’ lives and help address hesitation towards the technology, the corporate watchdog says. The nation should not rush into heaping more…
Restaurants, building firm insolvencies remain high
The level of Australian businesses going under appears to be stabilising, but firms are still becoming insolvent at record-high numbers. Restaurants and construction firms remain hardest hit in CreditorWatch’s monthly…
Student debt to be slashed, less cash deducted from pay
Students and graduates will soon see a reduction in their HECS debts and save hundreds of dollars a year. Federal Education Minister Jason Clare will introduce legislation to slash student…
Political leaders return to parliamentary battlefield
Pomp and ceremony out of the way, federal politicians will get back to work as parliamentary business resumes. The 48th parliament officially opened with a day of pageantry, which included…
Sweden to host US, China talks on tariff deadline
US Treasury Secretary Scott Bessent says he will meet his Chinese counterpart next week in Stockholm and discuss what is likely to be an extension of an August 12 deadline…
Trump says US, Philippines ‘very close’ to trade deal
US President Donald Trump has welcomed Philippine President Ferdinand Marcos Jr to the White House, saying the two countries are close to finalising a trade agreement. “We’re going to talk…
Coca-Cola confirms cane sugar version coming to the US
Coca-Cola says it will add a cane sugar version of its trademark cola to its US line-up this year, confirming a recent announcement by US President Donald Trump. Trump said…
Brisbane goes for gold with $70b win from 2032 Olympics
Australia is on track to strike Brisbane Olympic gold, with the 2032 Games forecast to pump more than $70 billion into the national economy. But a business expert has played…
Protests take over from pageantry as parliament returns
Pomp and ceremony were on full display as MPs gathered in Canberra for the opening of federal parliament. But as formal traditions dating back hundreds of years played out at…