Treasurer Jim Chalmers will deliver another budget in October this year
Chalmers says he will deliver a budget in the last week of October, so as to put the Albanese government’s election promises in play and start the cutting back of wasteful expenditure.
Labor urged to carry out crypto regulation to protect the million Australians holding digital assets
In Australia, we are mid-way through a process of creating rules for crypto assets that will provide some certainty for this growing industry.
ATO warns about yet another tax-time scam, urging Australians to look out for dodgy attachments
The Australian Taxation Office has warned taxpayers to look out for yet another email scam skimming login information from victims.
Small businesses urged to ask power providers for bill flexibility as prices skyrocket
The stigma associated with reaching out for help is harming SMEs struggling to keep up with their power bills, a new report says.
What Apple’s BNPL product means for its users, and how the company benefits
With the launch of Apple Pay Later, the world's largest tech company is trying to consolidate its foothold in the world of consumer finance, and increase its profitability.
The US baby formula market is in disarray. How did this happen, and who is to blame?
There are a few reasons for the dire shortage of baby formula in the US. One is that just four producers control more than 90% of the market.
“Canary down the inflationary coalmine”: Government support needed to shield construction, industry group says
Canberra should use all the tools at its disposal to shield the construction sector from inflationary pain, Master Builders Australia says.
Superhero and Swyftx reveal $1.5 billion merger and super app to promote asset fluidity
Share trading startup Superhero and cryptocurrency broker Swyftx have revealed plans to merge, combining 800,000 customers onto one platform.
Labor plans to rein in BNPL under traditional credit laws, adding new regulatory scrutiny to pay-in-four providers
It's time to "start working on regulating" the BNPL sector "within the credit space", Financial Services Minister Stephen Jones said.
“Giant gender power gap”: Women control just 1% of shares at S&P 500 companies
Among top executives at S&P 500 companies, women account for only a quarter of the total number, while controlling just 1% of the value of shares held among fellow corporate leaders.
Why the RBA won’t continue to raise rates at the level the market expects
The RBA, in a nod to homeowners concerned about continual rate hikes, said it expected inflation to climb just a bit more before declining back towards its target next year.
RBA hikes cash rate by 50 basis points, Chalmers flags “cost of living package” in October budget
The Reserve Bank of Australia has increased the cash rate by 50 basis points, bringing it up to 85 basis points or 0.85%.