A major civil construction business has collapsed, leaving behind a massive debt load and dozens of workers without a job.
Duncan Evans
The Treasurer always says he doesn’t second-guess decisions of the RBA, but there’s little doubt that its decisions will be in the back of his mind as he works to put the finishing touches on his next Budget.
Adrian Lowe
The average cost of unleaded petrol across the major Australian cities has reached its highest price ever.
Tim Clarke
While it is expected the budget will remain in surplus, welfare recipients holding out for relief are set to be disappointed.
Jack Quail
Retail giant again rejects suggestions it treats suppliers poorly, saying it has a zero-tolerance policy for staff action against any partners who make complaints about it.
Super Retail Group, owner of Rebel Sport and BCF, faces court action over claims of bullying and an undisclosed relationship between the CEO and another exec.
Jacob Shteyman
Stubborn inflation, strong jobs growth, and a rebounding economy could force the Reserve Bank to deliver further rate hikes, economists have warned.
Australia’s largest mining company is swooping in on a rival coal and copper giant in a transformative $60bn takeover bid.
Financial insiders say one simple move is saving Aussies more than $600 a year as they try to stay on top of higher living costs.
Blair Jackson
The World Bank expects iron ore prices to stay above the crucial $US100 ($153) a tonne mark despite subdued demand for steel, with the forecast at odds with gloomy predictions made by many analysts.
Cheyanne Enciso
With bracket creep fuelling record tax collections, fresh data has revealed Australia’s personal income tax burden grew faster than any other advanced economy last year.
Australians have been hit harder by rising taxes than other developed nations even as inflation drove their wages backwards in real terms.
Matt Mckenzie
With a working day sandwiched between the weekend and a public holiday, Friday is expected to be the most popular day to “chuck a sickie” this year.
Treasurer insists next month’s Federal Budget can address cost of living and housing measures without adding to the nation’s inflation challenge. Economists say he’s been left little room to move.
Shares erased their early gains on Wednesday after firmer-than-expected inflation data took traders by surprise.
Business conditions for small and medium enterprises have now diverged from the resilience reported by larger firms amid slowing demand and declining profitability, according to a new bank survey.
Young Aussies are about to be hit with another major increase to their tax bill, but there are signs relief could be on the way.
Courtney Gould and Jack Quail
With prices rebounding through the March quarter, inflation remained above the RBA’s target band, dashing hopes for rate cuts this year.
Don’t expect an interest rate cut any time soon. That’s the blunt message from economists who now reckon the RBA will have to keep rates on hold for longer after inflation came in hotter than expected.
A major Australian discount retailer has decided not to sign an international accord on factory safety and a women’s rights group is up in arms.
All eyes will be on fresh inflation data to be released on Wednesday which will be critical to the Reserve Bank’s deliberations on rate cuts.
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
The number of households at risk of mortgage stress has fallen to its lowest level this year as the Reserve Bank of Australia held interest rates steady and rising incomes eased financial pressures.
Shopping at Woolies is about to get a big makeover, with a whole new section rolling out in stores.