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Record manufacturing numbers drive business turnover

Australian manufacturing recorded a record 7 percent increase in business turnover in September. The latest Australian Bureau of Statistics (ABS) data showed overall

ASIC warning over advice on self-managed super funds

A regulatory review of financial advice regarding setting up self-managed super funds (SMSFs) found more than quarter put Australians’ retirement savings at

Backflip on super tax reform a more realistic outcome

By David Hughes Federal Treasurer Dr Jim Chalmers has announced a significant shift in the Commonwealth Government’s approach to the so-called Div 296 tax on

Solid spending data lights up Xmas expectations

Australian retailers are looking forward to a positive Christmas season with retail spending figures solid over the past year. Australian Retailers Association (ARA) CEO

RBA holds interest rates at 3.6 percent

The Reserve Bank of Australia (RBA) has held rates steady at 3.6 percent following its Melbourne Cup day meeting. The RBA statement on its decision said: Inflation has

Day-time window of free electricity under new offer

Australians will have access to free solar power, regardless of whether they have solar panels on their roof, under a new retail energy offer. Federal Climate Change and

Unpaid ‘women’s work’ is worth $427 billion

By Leonora Risse All those thousands of hours that Australians put towards unpaid household work and care – cooking, cleaning and caring for family members – are an

Unit approvals lift to reverse recent trend

Housing approvals jumped in September, as the number of apartments planned was more than 50 percent above the number approved the same time last year. Australian Bureau

The form RBA will consider on Melbourne Cup day

By Stella Huangfu Inflation jumped 1.3 percent in the September quarter, above economists’ and the Reserve Bank’s own expectations. That is likely to rule out a cut

Commodity prices heading back to pre-pandemic levels

The World Bank has predicted global commodity prices are set to fall to their lowest levels in six years. World Bank Group’s Chief Economist and Senior Vice President

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