Labor has been accused of ripping off an iconic logo while promoting their Future Made in Australia policy, with the Coalition branding the move as “pathetic”. A green triangle with a gold outline of Australia was shared by senior ministers, including Trade and Tourism Minister Don Farrell, to promote theContinue Reading
Stage 3 tax cuts will fatten the wallets of all Australians, but an economist is warning the new taxation landscape contains dangerous inflation risks that could pummel mortgage holders with higher interest rates. It all hangs on how families decide to spend their uptick in wealth, Dr Nalini Prasad fromContinue Reading
The Albanese government has called on major Australian banks to continue operations in Pacific countries, amid fears the withdrawal of services would allow China a way in to increase its influence in the region. The importance of continued operation and multilateral collaboration between Australia and the Pacific will be addressedContinue Reading
Concern that small Pacific nations may lose access to banking will be addressed at a forum starting on Monday, as China eyes ways to increase its influence in the region by filling the gap. Leaders of several Pacific nations, global financial institutions, US Treasury officials and senior banking representatives willContinue Reading
The federal government has introduced its signature $22.7bn Future Made in Australia Bill to position Australia as a leader in the global renewable energy sector. The legislative framework will oversee how the government partners with the private sector to deliver more renewable projects. The major policy pillar formed a keyContinue Reading
Thousands of Australians are facing issues with online banking and transactions as NAB’s app and internet banking are facing issues. Users began reporting issues about 1pm on Monday, with any customers trying to use the app met with a message saying “something didn’t work”. “We couldn’t show your accounts. RefreshContinue Reading
Federal Jim Chalmers says he expects inflation will be tamed get, despite the May figure hitting 4 per cent and raising fears the Reserve Bank could be forced to hike the cash rate again. The Treasurer on Sunday was spruiking the stage 3 tax cuts and other federal government measuresContinue Reading
ANZ Bank’s $4.9 billion takeover of Suncorp’s banking arm has been given the tick of approval from Treasurer Jim Chalmers. The massive deal comes after ANZ successfully overturned the nation’s competition watchdog’s opposition to the takeover when the Australian Competition Tribunal granted the deal. “I received very clear advice fromContinue Reading
From tax and minimum wages to energy costs and superannuation, Australia’s financial landscape will change dramatically from July 1. All Australians will nab a cash boost as stage 3 tax cuts kick in, and new data from consumer comparison website Finder shows most Australians need it. Just two in 5,Continue Reading
Tech and social media companies could be hit with strict taxation measures as a way to boost compliance with the News Media Bargaining Code, a senior government bureaucrat has revealed. Speaking at a wide-ranging parliamentary committee on social media and its impact on Australian society, Treasury assistant secretary overseeing competitionContinue Reading