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Latest news: Finance

'Lost passion': daughters' secret pain after losing mum

'Lost passion': daughters' secret pain after losing mum

Losing a loved one is always difficult but the loss of a mother can be particularly profound, bringing with it the hidden financial impact of grief.

Investment bank Macquarie posts second-highest profit

Investment bank Macquarie posts second-highest profit

Investment bank Macquarie posts second-highest profit

Investment bank Macquarie posts second-highest profit

Macquarie Group has beaten expectations with a $4.8 billion annual profit, half of which the investment bank will return to shareholders.

Australia will avoid recession, despite global jitters

Australia will avoid recession, despite global jitters

Australia will avoid recession, despite global jitters

Australia will avoid recession, despite global jitters

One of the big four banks has delivered encouraging news about Australia's chances of avoiding a recession, which could still emerge in the global economy.

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Finance giant lashed again for sending unstoppable spam

Finance giant lashed again for sending unstoppable spam

After failing to include a working unsubscribe option in thousands of spam messages, an Australian financial services giant has been hit with massive fines.

Fuel, fertiliser shortages could deliver barren harvest

Fuel, fertiliser shortages could deliver barren harvest

After a record-breaking year, agricultural businesses may need to change their approach to succeed amid worldwide supply issues.

Shock jock claims 'irreparable harm' in contract fight

Shock jock claims 'irreparable harm' in contract fight

Controversial radio host Kyle Sandilands claims his termination by his former employer was invalid and is causing irreversible harm that worsens every day.

Calm before storm: RBA braces for spikes and hikes

Calm before storm: RBA braces for spikes and hikes

The economy is expected to be hit with a savage inflation spike which will in turn increase the chances of more interest rate hikes.

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Past disruptions show Australian workers can weather AI

Past disruptions show Australian workers can weather AI

Past disruptions show Australian workers can weather AI

Past disruptions show Australian workers can weather AI

A federal government minister says Australia could see the creation of lots of jobs involving empathy and human connectedness as AI adoption increases.

Alarm as Gen Z turns to 'finfluencers' for money advice

Alarm as Gen Z turns to 'finfluencers' for money advice

Alarm as Gen Z turns to 'finfluencers' for money advice

Alarm as Gen Z turns to 'finfluencers' for money advice

Social media is fuelling riskier financial investments with nearly two out of three young people turning to platforms for advice on their money.

Qantas customers claim $105m compo over COVID credits

Qantas customers claim $105m compo over COVID credits

Qantas customers claim $105m compo over COVID credits

Qantas customers claim $105m compo over COVID credits

A $105 million pot could be shared among hundreds of thousands of Qantas customers after the carrier settled a class action over COVID-19 flight credits.

Warning to boards as ex-Star boss raked over the coals

Warning to boards as ex-Star boss raked over the coals

Warning to boards as ex-Star boss raked over the coals

Warning to boards as ex-Star boss raked over the coals

A court's reprimand of Star casino's management for failing to avoid likely criminal and financial risks has put corporate boards across the nation on notice.

Renewables growth energises spending as inflation rises

Renewables growth energises spending as inflation rises

Renewables growth energises spending as inflation rises

Renewables growth energises spending as inflation rises

Capital expenditure has been rising fast in Australia as the treasurer warns stubborn inflation will mean savings are needed in the budget.

Cancelled Mardi Gras party reflects broader money woes

Cancelled Mardi Gras party reflects broader money woes

Cancelled Mardi Gras party reflects broader money woes

Cancelled Mardi Gras party reflects broader money woes

A decision by Mardi Gras organisers to cancel a key event has brought wider funding issues impacting many LGBTQI organisations into the spotlight.

Aussies ditch copper for fibre to boost download speeds

Aussies ditch copper for fibre to boost download speeds

Aussies ditch copper for fibre to boost download speeds

Aussies ditch copper for fibre to boost download speeds

More Australians are upgrading their broadband connections, choosing faster plans and setting download records, NBN Co has revealed.

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'Didn't have the skills': biotech boss retires abruptly

A desire for new leadership has been cited as a reason for the sudden retirement of the head of an $89 billion biopharmaceutical company.

Petrol, diesel cars slow while hybrids, EVs speed up

Australians are buying fewer cars that use fossil fuels alone as they shift allegiance to low-emission hybrid and electric models.

Debt group sees upside in higher credit card balances

Debt collection business Credit Corp, which also owns lender Wallet Wizard, expects its profit to grow by up to 17 per cent as cost-of-living pressures bite.

Nine kills radio star, switching stations for hard ads

An Australian media giant is offloading some of the nation's biggest radio stations to fund a buyout of an outdoor advertising group.

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Ozempic-style drugs prove to be 'a tailwind' for Resmed

Resmed has beaten expectations with $2 billion in second-quarter revenue and says weight loss drugs are actually boosting sales, rather than hurting them.

Precious metals surge ever higher as US dollar fades

Gold has topped $US5,500 for the first time in history while silver has just about quadrupled to near $120 an ounce.

'Struggling in silence': Aussies' shame driving up debt

Nearly half the nation started the new year in debt, but research shows countless Australians are unwilling to discuss their finances, even with loved ones.

Kyiv welcomes EU loan despite no deal on Russian assets

The EU will lend Ukraine $160 billion to help it continue fighting, a move welcomed by Kyiv even though it wanted the money to come from frozen Russian assets.

Successful defence giant's bid won't hurt Japan ties

Australia's relationship with Japan won't be hurt by a decision to allow a South Korean defence giant to double its share in the nation's sovereign shipbuilder.

Embryo bungle earns IVF giant new licence conditions

A state watchdog has slapped a major IVF clinic with conditions for it to continue operating, after a patient was mistakenly implanted with her own embryo.

Customer dies after triple-zero fails on mobile phone

The embattled telco industry remains in the spotlight after a customer died when their phone could not make triple-zero calls.

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