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News
Australia Post's surprise delivery fees 'killing' some small businesses
4+ day, 22+ 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…...
Why you need more than trust when lending family money
6+ day, 22+ hour ago (1104+ words) Having conversations about money can feel hard, but being clear about the terms of a family loan is important, experts warn. (Pexels: Danik Prihodko) With the Australian dream of owning a home becoming increasingly out of reach for young Australians,…...
What Bathla's crisis means for housing construction
1+ week, 9+ hour ago (84+ words) Bathla has been on the brink. (ABC News: John Gunn) Embattled property developer, the Bathla Group, will stumble along for another two weeks after administrators secured a temporary lifeline. The developer went into voluntary administration a couple weeks ago owing…...
Bathla stands down 213 staff, secures two-week funding extension
1+ week, 15+ hour ago (386+ words) Bathla Group has been teetering on the brink of collapse. (ABC News: John Gunn) The debt-ridden Bathla Group has reached a short-term funding agreement with five of its lenders which will continue its survival for another two weeks. The property…...
Breaking: Bathla stands down staff as it faces collapse
1+ week, 16+ hour ago (112+ words) ABC News & Headlines – Australian Broadcasting Corporation Bathla Group stands down staff as it seeks rescue deal Bathla Group has been teetering on the brink of collapse. (ABC News: John Gunn) The Bathla Group has stood down around 200 staff as the…...
Bathla shaping up to be largest housing collapse Australia has ever seen, says property developer - ABC News
1+ week, 6+ day ago (116+ words) Bathla shaping up to be largest housing collapse Australia has ever seen, says property developer ABC News & Headlines – Australian Broadcasting Corporation VIDEO: Bathla shaping up to be largest housing collapse Australia has ever seen, says property developer Michael Akkawi, the…...
House prices plunge as property downturn spreads
1+ week, 6+ day ago (91+ words) VIDEO: House prices plunge as property downturn spreads ABC News & Headlines – Australian Broadcasting Corporation VIDEO: House prices plunge as property downturn spreads Data from Cotality reveals the nation's housing downturn has accelerated, with home values declining for the fifth straight…...
Debt-ridden property firm Bathla may collapse this week, says administrator
2+ week, 15+ hour ago (242+ words) Administrator Stephen Longley says if they can not pay staff by Thursday, the business will not be able to survive. (ABC News; John Gunn) Administrators of major property developer Bathla Group have warned that the business does not have enough…...
Older Australians weigh cost of changes to health insurance rebates
2+ week, 1+ day ago (937+ words) Sue Donnelly and her husband Peter are considering cancelling their private health insurance. (Supplied: Sue Donnelly) The federal government has proposed reducing private health insurance rebates for Australians aged over 65. Insurance industry estimates say 62,000 older Australians may end their insurance…...
Albanese says WA's GST deal won’t change
3+ week, 12+ hour ago (96+ words) AUDIO: Albanese says WA's GST deal won’t change ABC News & Headlines – Australian Broadcasting Corporation AUDIO: Albanese says WA's GST deal won’t change Speaking in Perth, Anthony Albanese says WA's GST deal will remain in place. (ABC News: Keane Bourke) Prime…...