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Firms pay $450 million in underpaid wages in one year

Australian employers had to pay $453 million in underpaid wages to more than 181,000 workers in 2025-26. The Fair Work Ombudsman annual report, released this week, said

Inflation lift puts the Reserve Bank in a difficult spot

By Shane Rodgers Australia’s cost-of-living challenges are showing no signs of improving, with a higher inflation figure putting even further pressure on interest

Tax Office has influencer gifts in its sights

The Australian Taxation Office (ATO) has warned content creators and influencers that the perks they receive may come with tax obligations. In a statement, released

Two million still to lodge their 2025-26 tax returns

Around two million Australians have been reminded that they have only two weeks left to lodge their 2025-26 tax returns. The Australian Taxation Office (ATO) said this

Most home buyers turn to mortgage brokers for finance

By Susan Thorp Australians are becoming increasingly reliant on mortgage brokers for home loans. Brokers arranged a record 81.6 percent of all new and refinanced home

Cash makes a comeback off card surcharge changes

Australian consumers are returning to cash payments off the back of the October 1, 2026 card surcharge ban. RMIT Associate Professor of Marketing Marian Makkar said the

Home sale volumes drop but more dwellings up for sale

House sale volumes have fallen by nearly 20 percent over three months, despite a big increase in homes listed for sale. The Savill’s October residential market report

Card surcharge change puts new pressure on inflation

By Fengfei Li Since Australia’s card surcharge ban took effect on October 1, social media users have questioned new “service fees” and “daily surcharges”

House price falls a correction rather than freefall

By Hal Pawson With national property values down by 5.2 percent in September from their March peak, Australia’s housing market is in a distinct downturn. This has

Rate hike is risky business for a faltering economy

By Stella Huangfu The Reserve Bank of Australia has raised the cash rate to 4.6 percent from 4.35 percent, taking the key rate to its highest level since late 2011 as

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