‘Unhinged’: 4500 jobs to be slashed in bank restructure
Thousands of jobs will be slashed in a major bank restructure, sparking criticism of the “unhinged” decision. ANZ announced on Tuesday that 3500 staff and 1000 contractors would be laid…
Vanuatu pact fate uncertain as PM lands in Pacific
Anthony Albanese has arrived in Vanuatu for crucial talks on a long-awaited security and economic agreement with the Pacific nation. A guard of honour greeted the prime minister on Tuesday…
Banks back scrapping card surcharges for consumers
Australian banks strongly support banning debit and credit card surcharges but want the Reserve Bank to rethink its proposed cap on the fees merchants pay card issuers. The RBA in…
Consumer confidence dips as households slowly recover
Australian households are feeling slightly less optimistic about the economy after reeling in their expectations for further interest rate cuts. The Westpac-Melbourne Institute consumer sentiment index fell 3.1 per cent…
‘Sovereign citizens’, far-right a threat to nation: PM
Sovereign citizens and the far right pose a serious threat to Australia’s social unity, the nation’s leader warns after the funerals of two police officers whose accused killer remains on…
Aged care “free market” where a home care package deal masks a crisis
The Labor Government continues to prevaricate on actioning the recommendations from the Aged Care Royal Commission. Aged care advocate Sarah Russell reports. Last week, the Labor Government announced the immediate…
Future Fund eclipses $250b after bumper return
Australia’s Future Fund has smashed its investment target, delivering a 12.2 per cent return to send the nation’s sovereign wealth fund above $250 billion for the first time. The bumper…
Big four bank to lay off thousands in restructure
One of Australia’s largest banks will lay off thousands of employees over the next 12 months under a major restructure. ANZ has announced 3500 staff and 1000 contractors will be…
Tenancy changes to lock out abusers, help victims leave
Renters will have more support to flee abusive relationships under tenancy changes to overcome barriers that can trap people in dangerous living situations. Existing provisions allow for tenancy agreements to…
Faster approvals considered in nature law overhaul
Housing, energy and infrastructure developments could be fast-tracked in some areas and blocked entirely in others under a major overhaul of Australia’s planning rules. The federal government is promising to…