abc.net.au
Economic modelling from Super Members Australia shows withdrawing superannuation for a housing deposit might only fuel the property price boom, erode retirement nest eggs and force more people on to the aged pension.
about 2 months ago
abc.net.au
Superannuation funds warn that tens of thousands of Australian women are being left tens of thousands of dollars worse off in retirement due to career breaks triggered by severe menopausal symptoms.
2 months ago
abc.net.au
The ASX has been hit with a million dollar fine for breaching its own transparency and integrity rules on more than eight thousand occasions.
2 months ago
abc.net.au
New analysis from industry super funds shows the Morrison government’s early release of superannuation scheme could hit future taxpayers with as much as $85 billion in additional costs, as people who dipped into their super savings are forced to rely on the aged pension.
2 months ago
abc.net.au
The inspector-general of taxation is investigating the theft and hijacking of personal information that has allowed millions of dollars of tax fraud by professional scammers.
5 months ago
abc.net.au
Minutes from the RBA’s November meeting show the central bank decided to lift interest rates to their highest level in 12 years because of alarming signs that some businesses were passing on higher inflation costs to consumers.
6 months ago
abc.net.au
Kelly Bayer Rosmarin was highly regarded as a corporate warrior after surviving last year’s cyber attack fallout, but her fate at Optus was decided earlier than Monday morning’s announcement, writes Peter Ryan.
6 months ago
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A rising number of households in financial stress, but the RBA says it won’t threaten our banking system
7 months ago
abc.net.au
Newly appointed Fair Work Ombudsman Anna Booth vows to use yet-to-be-legislated criminal penalties against employers who deliberately underpay or rip off their workers.
7 months ago
abc.net.au
An independent review into governance, culture and accountability at consulting giant PwC has singled out the “excessive power” of the firm’s chief executive and poor practices which went “unexamined and uncorrected” for years.
7 months ago
abc.net.au
The increasing cost of petrol could complicate the Reserve Bank’s attempts to get inflation down, board minutes shows.
8 months ago
abc.net.au
Optus has confirmed that almost ten million customers stretching back five years could be exposed in a massive cyberattack that’s thrown the telcommunications giant into crisis.
over 1 year ago
abc.net.au
Deferrals or pauses on bank loan repayments have been a critical lifeline during the COVID crisis. Australian Banking Association chief executive Anna Bligh says although 91 per cent of borrowers have now resumed repayments, it’s clear that some won’t survive as banks start calling loans in.
about 3 years ago
abc.net.au
An investigation into the blueberries industry on the New South Wales north coast is alleging systemic wages theft and intentional worker underpayment by unscrupulous labour hire firms.
over 3 years ago
abc.net.au
Confirmation of deepening budget deficits and debt spiralling towards a trillion dollars paint a sobering picture of the economic crisis sparked by the pandemic.
almost 4 years ago
abc.net.au
Australia will be swept up in the worst global downturn since the Great Depression with economic growth contracting sharply because of the coronavirus pandemic, the International Monetary Fund is warning.
about 4 years ago
abc.net.au
The stakes are getting higher for Virgin Australia as the airline pleads for a $1.4 billion loan from the Federal Government.
about 4 years ago
abc.net.au
Australia’s major banks have announced action to protect households and consumers from the economic fallout from the coronavirus.
about 4 years ago
abc.net.au
One of Australia’s top businessmen Gerry Harvey says the coronavirus crisis is an opportunity to help revive local companies who’ve been hurt by cheap imports from China.
about 4 years ago
abc.net.au
Scott Morrison’s deal with New South Wales to free up huge amounts of gas has been welcomed by business and industry.
over 4 years ago
abc.net.au
It’s believed that hundreds of Australian tax dodgers who have been using a Central American bank may face civil or criminal charges, after a global investigation into money laundering and tax evasion.
over 4 years ago