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News
Pensioners to shoulder huge portion of private health insurance 'cash grab"
13+ hour, 57+ min ago (884+ words) The government has proposed winding back the rebate those aged 65 and over receive on their private health cover. (ABC News: Matt Roberts) Parliamentary analysis shows pensioners will lose out on about $1.6 billion when new private health insurance rebate changes come…...
Resort says sale or refinancing will address 'outstanding' superannuation
3+ day, 6+ hour ago (641+ words) The coastline of Louth Island, where Rumi on Louth opened in 2023. (Supplied: Rumi on Louth) Rumi on Louth has been listed for sale, prompting questions from former workers and customers with unused vouchers. Resort co-owner Che Metcalfe says "some superannuation…...
Thursday finance with David Chau
3+ day, 23+ hour ago (75+ words) VIDEO: Thursday finance with David Chau ABC News & Headlines – Australian Broadcasting Corporation VIDEO: Thursday finance with David Chau The ASX has dropped to a seven-week low as markets were spooked by oil prices jumping above $US100 per barrel and government borrowing…...
Australia Post accused of 'double dipping' on delivery fees - ABC News
4+ day, 19+ min ago (66+ words) VIDEO: Australia Post accused of 'double dipping' on delivery fees ABC News & Headlines – Australian Broadcasting Corporation VIDEO: Australia Post accused of 'double dipping' on delivery fees The ABC has spoken to numerous business owners who regularly send parcels to their…...
'Fastest start' to a property downturn in 30 years, says Domain chief economist
4+ day, 5+ min ago (110+ words) ABC News & Headlines – Australian Broadcasting Corporation VIDEO: 'Fastest start' to a property downturn in 30 years, says Domain chief economist Domain chief economist Nicola Powell says sellers are listing their homes for auction to test the market and many are switching…...
What can Tasmania learn about AI data centres from the US?
4+ day, 5+ hour ago (190+ words) Tasmania currently has nine data centre projects, at various stages, proposed for the state. Can the state handle that many data centres and what are the lessons Tasmania could learn from what's happened overseas? Alex Hooper from Oxford Economics tells…...
Wednesday finance with Alan Kohler
4+ day, 23+ hour ago (108+ words) VIDEO: Wednesday finance with Alan Kohler ABC News & Headlines – Australian Broadcasting Corporation VIDEO: Wednesday finance with Alan Kohler Last night's appearance on 7.30 by the Deputy Governor of the Reserve Bank, Andrew Hauser, has raised the likelihood on a rate hike…...
Australia Post's surprise delivery fees 'killing' some small businesses
4+ day, 13+ hour ago (963+ words) Sam Kemp says Australia Post's additional fees are unjustified. (ABC News: Nethma Dandeniya) Small businesses across the nation are being hit with extra fees from Australia Post, which they argue are unfair and eating into already shrinking profit margins. The…...
Back-to-back rate hikes can't be ruled out, says CBA chief economist
5+ day, 23+ min ago (43+ words) VIDEO: Back-to-back rate hikes can't be ruled out, says CBA chief economist ABC News & Headlines – Australian Broadcasting Corporation Commonwealth Bank's base case is that the RBA will hike in November, but its chief economist says the central bank could move…...
RBA signals rate hike to address inflation
5+ day, 4+ hour ago (106+ words) ABC News & Headlines – Australian Broadcasting Corporation The Reserve Bank says it's seeing the damage done by the inflating prices of goods and services, and it's ready to act to try to slow that down. That would hit mortgage holders, and…...