Retail spending reached a record turnover in March against the backdrop of rising prices and eased COVID-19 restrictions. The Australian Bureau of Statistics said retail trade rose 1.6 per cent in March to $33.6 billion, 0.8 per cent higher than the previous record set in November...
Australians will be able to travel to London and New York on non-stop ultra long-haul Qantas flights from Sydney and Melbourne from late 2025, ahead of the likely addition of routes between Paris and Frankfurt. Qantas, which has been working on the no-stopover flights under Project...
The Future Fund now stands at $201 billion after posting a 10-year return of 10 per cent and despite challenging international markets. This compares with a 10-year return target of 6.4 per cent – the consumer price index plus four to five per cent. In a portfolio...
Australia’s dog owners have been urged to keep their furry friends in their backyards after the number of posties attacked while delivering the mail skyrocketed. Postal workers were attacked more than a thousand times over the past year, with an average of five dog incidents per...
Australia and New Zealand Banking Group has posted a modest lift in first-half cash profit after managing to keep a lid on costs despite continuing strong competition in the home loan market. Australia’s third-largest bank said cash profit from continuing operations for the six months ended...
The Australian stock exchange has edged lower ahead of a key Federal Reserve meeting, where the US central bank is widely expected to raise interest rates for the second time since 2018. The benchmark S&P/ASX200 index faded in the afternoon to close down 11.5 points, or...