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Latest news: Finance

Debt group sees upside in higher credit card balances

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

Nine kills radio star, switching stations for hard ads

Nine kills radio star, switching stations for hard ads

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.

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

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

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

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.

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Precious metals surge ever higher as US dollar fades

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

'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

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

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.

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Embryo bungle earns IVF giant new licence conditions

Embryo bungle earns IVF giant new licence conditions

Embryo bungle earns IVF giant new licence conditions

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

Customer dies after triple-zero fails on mobile phone

Customer dies after triple-zero fails on mobile phone

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.

Food delivery service set to cease after Menulog off

Food delivery service set to cease after Menulog off

Food delivery service set to cease after Menulog off

Food delivery service set to cease after Menulog off

It once thrived under a "Did Somebody Say" campaign but the celebrity driven catch-cry hasn't saved food delivery service Menulog from closure.

Media giant wants compo if gambling ads are punted

Media giant wants compo if gambling ads are punted

Media giant wants compo if gambling ads are punted

Media giant wants compo if gambling ads are punted

Nine Entertainment wants compensation from the government if a national ban is slapped on gambling ads and says regulations must extend to tech companies.

Optus backs outage acts after keeping officials in dark

Optus backs outage acts after keeping officials in dark

Optus backs outage acts after keeping officials in dark

Optus backs outage acts after keeping officials in dark

Optus leaders took nearly 18 hours to tell authorities deaths had been linked to a triple-zero outage, but they say the company followed the law.

ANZ cops billion-dollar profit hit amid job cut plans

ANZ cops billion-dollar profit hit amid job cut plans

ANZ cops billion-dollar profit hit amid job cut plans

ANZ cops billion-dollar profit hit amid job cut plans

ANZ's plan to offload thousands of staff has contributed to a more than $1 billion hit to its profit, with hefty fines from the regulator also having an impact.

Protests and price drops: mining giant faces challenges

Protests and price drops: mining giant faces challenges

Protests and price drops: mining giant faces challenges

Protests and price drops: mining giant faces challenges

Protesters have disrupted a meeting held by one of Australia's largest coal mining companies but bigger challenges could come from global price fluctuations.

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Job ads and job-seekers up in 'challenging' market

The retail, real estate and education sectors had the most confidence to hire new workers in September, according to new data from advertisers Seek.

No 'new normal': Al Gore warning on climate complacency

As weather disasters become more commonplace, prominent climate advocate Al Gore has urged a Sydney conference to keep up the fight and avoid complacency.

'For the birds': doubt ageing coal plants can go longer

Coal stations are reaching their end of-life and need to be retired, the Climate Change Authority chair says, regardless of moves to keep them running longer.

Controversial gas project extension sparks legal action

Landmark legal challenges have been launched after the Commonwealth's controversial decision to green light a 40-year gas hub extension near ancient rock art.

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'Very serious penalties' possible over Qantas data leak

After millions of Qantas customers had their data leaked online, the federal government has warned the airline could face serious penalties.

'It's all over the place': Qantas customer data leaked

Personal data of millions of Qantas customers has been published online after hackers made good on a ransom threat.

'Payday super' popular but could challenge small firms

Legislation to align superannuation with payday has been broadly welcomed despite warnings some firms would face a cashflow crunch and compliance headaches.

Financial sector urged to shoot higher on climate risk

The global financial sector has been urged to prevent further backsliding on climate and to stop funnelling money into new fossil fuels in an open letter.

Lovisa CEO denies misconduct allegations at Smiggle

Billionaire businessman Solomon Lew has made sensational allegations against the fired CEO of his back-to-school chain Smiggle, who is now the boss of Lovisa.

Optus chief blames human error for triple-zero disaster

A major Optus outage that left Australians without access to emergency services has been blamed on human error as its embattled CEO fights to keep his position.

Retirement finances not so super for Indigenous people

Indigenous people are facing a retirement disadvantage, with 65 per cent dying before reaching the age to access age pensions or superannuation.

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