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News
Pensioners to shoulder huge portion of private health insurance 'cash grab"
1+ hour, 9+ 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
2+ day, 17+ 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…...
What can Tasmania learn about AI data centres from the US?
3+ day, 16+ 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, 11+ 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…...
Back-to-back rate hikes can't be ruled out, says CBA chief economist
4+ day, 11+ hour 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
4+ day, 16+ 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…...
Small businesses fighting to stay open amid 'insidious cost creep"
4+ day, 23+ hour ago (797+ words) ABC South East SA Francene Martin says she did not have one customer during a Sunday trading day. (Supplied: Francene Martin) Small business owners in rural and regional communities say they are under constant pressure from the rising costs of…...
Will the RBA raise interest rates again? - ABC News
5+ day, 9+ hour ago (111+ words) VIDEO: Will the RBA raise interest rates again? ABC News & Headlines – Australian Broadcasting Corporation VIDEO: Will the RBA raise interest rates again? Reserve Bank Deputy Governor Andrew Hauser speaks to 7.30’s Sarah Ferguson about the possibility of an increase in…...
Gas crisis divides industry amid claims culprit getting away 'scot-free"
5+ day, 11+ hour ago (99+ words) VIDEO: Gas crisis divides industry amid claims culprit getting away 'scot-free' ABC News & Headlines – Australian Broadcasting Corporation VIDEO: Gas crisis divides industry amid claims culprit getting away 'scot-free' With a federal gas reservation scheme on the horizon, the industry's united…...
Under pressure to explain super policy, Joyce says he is 'not Jesus Christ"
5+ day, 13+ hour ago (955+ words) Barnaby Joyce has struggled to explain the economic and financial impact of One Nation's early access superannuation policy. The policy would allow Australians to divert a portion of their superannuation to their take-home pay for up to three years. Mr…...