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Court hands down $12.9m greenwashing fine

Australia’s largest penalty to date for greenwashing has been handed down by the Federal Court. In the judgement, Justice Michael O’Bryan ordered Vanguard

Inflation lowest in three years at 2.7 percent

Australia’s inflation rate is the lowest in three years, dropping to 2.7 percent in August. A day after the Reserve Bank decided against an interest rate cut due to

Reserve Bank keeps interest rates steady

Interest rates remain unchanged as the Reserve Bank of Australia (RBA) left the cash rate target at 4.35 percent following its meeting today. In a statement it said

Queensland business sets unwelcome 30-year record

Business confidence in Queensland remains weak as operating costs and labour challenges take their toll on companies. Business Chamber Queensland CEO Heidi Cooper said

Call to tie negative gearing to property standards

Australian landlords would loss the tax benefits of negative gearing unless their property met national standards, under a plan to improve conditions for the country’s

Payday super to address billions in underpayment

Australian employees will be better able to track their superannuation payments with the introduction of payday super. The Federal Government today announced that from

Christmas spend tipped to drop by almost 20%

Australian shoppers plan to cut pre-Christmas spending by almost 20 percent. The annual Deloitte Retail Holiday Report found consumers were planning to spend just over

UAE trade deal boosts access for miners and farmers

Australia’s mining industry will benefit from a trade deal finalised with the United Arab Emirates this week. Federal Trade Minister Don Farrell said the UAE was

$17.8 billion in lost super waiting to be claimed

More than $17.8 billion of superannuation is sitting unclaimed because funds are unable to find the owners. The Australian Tax Office said the amount included $471

Families go backwards each week as costs bite

Single working parents in Queensland have costs $150 above what they earn every week, according to a new report. The Queensland Council of Social Service’s (QCOSS)

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