Odds are shortening for the Reserve Bank to cut rates by 50 basis points at its next meeting as global financial turmoil weighs heavily on Australians. Though most economists do not view an Australian recession as a realistic chance, the prospect of lower growth and higher...
Donald Trump is “burning down a house to cook a steak” as local and international equity markets go into freefall in response to the US president’s trade tariffs. But superannuation funds are urging people to not panic if their balances slide. The Super Members’ Council implored members...
Australia can capitalise on “enormous opportunities” in the wake of Donald Trump’s tariffs, Prime Minister Anthony Albanese says as the US president escalates his trade feud with China. The government hopes to reassure investors and the business community that Australia is well-placed to avoid a recession,...
The federal government has again rejected a Greens push to put property tax break reforms back on the agenda, if Labor ends up in minority government after the election. In an address to the National Press Club on Wednesday, Greens leader Adam Bandt will reiterate calls...
Small businesses are being tempted with a $20,000 sweetener to re-elect Labor, but the offering still falls short of the coalition pitch to traders. Labor has vowed to extend the instant asset write-off – which allows businesses and tradies with a turnover up to $10 million...
Australia’s energy, healthcare and transport industries are among the most vulnerable to cyber attacks, tests by ethical hackers reveal, and artificial intelligence is being used to craft more dangerous strikes against them. Internet security firm CyberCX issued the warnings on Tuesday after its team identified 2500...