Retail sales growth up 5.5% this year, as inflation sets in
Australian retail sales are on the rise — but new research suggests growth is being driven by inflation, not by consumers buying more.
RBA hikes cash rate to 2.35%, marking a record five months in a row of increases
The Reserve Bank of Australia has declared it will increase the cash rate target for a fifth time by 50 basis points to 2.35%, following its monthly meeting this afternoon.
ASIC lays criminal charges against accounting firm for failing to comply with audit standards
ASIC has alleged that Grant Thornton Audit Pty Ltd and former Grant Thornton director Bradley Taylor did not conduct a 2018 audit in accordance with legally back-auditing standards.
Qantas’s tough times are likely to continue, with a return to normal service and profitability a world away
As domestic and international travel picks up, Qantas is struggling to keep up, and there's no quick or easy fix.
Small businesses brace for cost increases as fuel excise reduction nears its end
The Albanese government has decided to put an end to the six-month fuel excise reduction which will see the price of petrol go up by 25 cents a litre.
Working from home isn’t tanking the economy, no matter what the ‘back to work’ brigade have to say
Should workers be forced back into the office so they'll spend more money on CBD businesses? If so, what happens to the businesses where they're spending now?
Adam Schwab: How Redbubble’s share price burst in 18 months
While Redbubble investors have seen the value of their shareholdings plummet, one canny investor managed to sell millions of dollars of Redbubble shares for more than five times its current price.
Bega, RM Williams and now David Jones? ‘Twiggy’ Forrest in rumours to purchase the retail icon
A number of interested firms have entered talks to purchase David Jones, rumoured among them is 'Twiggy' Forrest's private investment arm
Government to push ahead with multi-employer bargaining, changes to BOOT
The government will bring in early legislation for multi-employer bargaining this year, along with a range of other changes to the industrial relations system.
Increased migration will do little to address skills shortages. Instead it will push up house prices
The only benefit from increasing migration, as is likely to happen as a result of the Jobs and Skills Summit, will flow to homeowners and property developers.
“Taxpayer-funded inheritance scheme”: Australia now has 32 SMSFs worth more than $100 million
Australia's wealthiest people are taking advantage of the superannuation system's favourable tax concessions.
Former F45 CEO Adam Gilchrist reportedly nixes social media accounts after a bruising financial update
F45 co-founder Adam Gilchrist appears to have kept a low profile since leaving the company last month, as the Australian-born fitness business fights back from a bruising financial report.
