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Super Retail Group boss Paul Bradshaw.

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RetailPremium
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Rebel owner says consumers ‘doing it very tough’

Rebel owner Super Retail Group says consumers are ‘doing it very tough’ and uncertainty around the Iran war, fuel crisis and high interest rates are clouding the outlook for the year ahead.

Cheyanne Enciso

On Wednesday Reserve Bank deputy governor Andrew Hauser said the jobs market needed to slow. NewsWire / Martin Ollman

UPDATEDPremiumJobs data divides experts on future rate hikes

Fresh jobs figures have left mortgage holders in limbo, with economists sharply split over whether Australia’s rising unemployment signals an impending rate cut.

Cameron Micallef

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POLITICSPremium‘Sad day’ as national debt hits $1 trillion

Australia’s national debt has ticked over $1 trillion, with the opposition calling it a “sad day” and the Albanese government pushing back on the milestone’s significance.

Joseph Olbrycht-Palmer

Food company Bega has announced its profit for the full year, but warned grocery prices would continue to rise. Supplied

UPDATEDPremium‘Pessimistic’: Iconic food group’s warning

The owner of a host of iconic Australian food brands says consumers remain “pessimistic” over cost of living as the company increases profits.

Blair Jackson

Super Retail Group says sales at Supercheap Auto rose 3.9 per cent to $1.6bn this financial year, mostly on the back of higher average transaction volumes. NewsWire / Flavio Brancaleone

WeatherPremiumLove affair with the great outdoors takes a hit

Poor weather and high fuel prices kept Aussies off the water and the open road this year, leaving one retail giant to take a hit on its profit.

Blair Jackson

Australia's inflation rate remains above the Reserve Bank's target. Supplied

INTEREST RATESPremium‘We will do so’: RBA boss’ blunt warning

The Reserve Bank deputy governor has a tough warning for Australian mortgage holders if one thing doesn’t change.

Cameron Micallef

Reserve Bank of Australia deputy governor Andrew Hauser.

RBAPremiumRBA warns of more rate pain if inflation risks ‘crystallise’

The Reserve Bank of Australia will have to hike interest rates again if upside risks ​to inflation ‘crystallise’, deputy governor Andrew Hauser warns, reiterating that prices remain too high.

Cheyanne Enciso

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SUPERANNUATIONPremium‘New framework’ stop super fraud

The Albanese government has unveiled a crackdown on predatory superannuation scams after thousands lost more than $1bn in retirement savings.

Nathan Schmidt, Cameron Micallef, Jackson Robb

The Lottery Corporation released financial results to the ASX on Wednesday. Supplied

BUSINESSPremium1-in-45-year result hits Lotto’s bottom line

A rare statistical quirk has cost the Lottery Corporation millions of dollars in lost revenue and slashed after-tax profits by more than a fifth.

Blair Jackson

Australian workers are going backwards according to the latest official figures. Photo: Gaye Gerard /NewsWire

BusinessPremiumRising costs wipe out Aussie pay rises

Australian workers are earning more, but are falling further behind, with new figures showing the grim reality millions face.

Cameron Micallef

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BankingPremiumGreen light for crypto-backed home loans

Australians struggling to put together a cash deposit for a bank loan are turning to this novel method to secure a mortgage.

Blair Jackson

BHP recorded staggering results in their financial year report. Supplied

MARKET WRAPPremiumASX slips despite shock sectors soaring

The Australian sharemarket has fallen for five straight sessions, despite a healthcare surge and strong results from BHP lifting the broader market.

Jackson Robb

Westpac boss Anthony Miller spoke at a Tasman Business Circle breakfast. Michael Wilson

EconomicsPremiumWestpac boss confident Aussie housing will withstand hit

Westpac boss Anthony Miller is confident Australia’s property market will withstand interest rate hikes and a tax shake-up but says the country must build more homes to improve affordability.

Matt Mckenzie & Ryan Johnson

Commonwealth Bank’s group executive for business banking Mike Vacy-Lyle poses for a photo on Jully 11, 2022.

BankingPremium‘Best performing State’: Why CBA is bullish on WA business

WA businesses are still borrowing billions to expand despite higher interest rates, with Commonwealth Bank declaring it the best-performing state in its business lending division over the financial year. 

Ryan Johnson

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EconomyPremiumMajor change following RBA rate hold

Households are feeling slightly better thanks to the Reserve Bank’s recent decisions, yet Australians remain deeply pessimistic about their finances and economic future.

Cameron Micallef

BHP delivered full-year financial results to the ASX on Tuesday. NewsWire / Brenton Edwards

financePremium‘Standout’ reason for BHP’s $9.8bn profit

One of Australia’s largest companies will pay its highest dividends in four years off the back of a massive boom in one product.

Blair Jackson

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POLITICSPremium‘They lie’: Barnaby’s case for super shake up

One Nation wants to make it easier for people to dip into their super before retirement but is struggling to say how.

Joseph Olbrycht-Palmer

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MiningPremiumMillions of super accounts on ‘knife’s edge’ over coal expansion

Millions of Aussie super accounts are “on a knife’s edge” from a major coal company’s expansion plans, with activist investors warning the move will destroy shareholder value.

Blair Jackson

National Australia Bank’s home loan applications fell sharply.

BankingPremiumNAB troubled mortgages rise $150m as demand tumbles

NAB’s troubled mortgages jumped $150 million in three months as higher rates and Labor’s tax changes helped drive a 15 per cent slump in home-loan demand.

Ryan Johnson

National Australia Bank’s home loan applications fell sharply. Gaye Gerard / NewsWire

BankingPremiumNAB’s big mortgage downturn as market softens

All four of Australia’s big banks have now recorded the same trend in home loan applications in the past several months.

Blair Jackson

Treasurer Jim Chalmers rebuffed One Nation’s proposed super reforms. NewsWire / Martin Ollman

POLITICSPremium‘Worse off’: Warning over super claim

The Treasurer has issued a grim warning after Pauline Hanson floated the idea of overhauling Australia’s superannuation system.

Ria Pandey

Westpac CEO Anthony Miller speaks on the importance of skilled migration.

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EconomyPremium
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Skilled migration crucial to Australia’s future: Westpac CEO

Westpac chief executive Anthony Miller has warned Australia’s future prosperity relies on skilled migration continuing but has acknowledged community concerns over ‘unfettered’ and ‘unrestrained’ arrivals.

Andrew Greene

Consumer confidence, which has been battered by three rate hikes in 2026 and the Middle East oil shock, remains deeply pessimistic.

EconomyPremiumJobs data and a fireside chat: the economic week ahead

Unemployment and wage figures are the pick of the week's economic data, while traders will tune in to a ‘fireside chat’ with the Reserve Bank deputy governor.

Jacob Shteyman

Online retailer The Iconic has posted a strong profit result. (Paul Braven/AAP PHOTOS)

EconomyPremiumFashion, sports website posts strong earnings growth

The Iconic saw sales rise and earnings climb, in part thanks to its new online marketplace and a new tool that adjusts pricing in real time.

Derek Rose