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Latest news: Finance

'Struggling more than ever': Debt reaches six-year high

'Struggling more than ever': Debt reaches six-year high

The number of Australians seeking help with debt has reached a record high as housing stress and utility costs weigh on budgets.

US trade deficit narrows amid drop in consumer imports

US trade deficit narrows amid drop in consumer imports

US trade deficit narrows amid drop in consumer imports

US trade deficit narrows amid drop in consumer imports

The US trade deficit narrowed in June on a sharp drop in consumer goods imports.

Upward spending trend unlikely to shift needle on rates

Upward spending trend unlikely to shift needle on rates

Upward spending trend unlikely to shift needle on rates

Upward spending trend unlikely to shift needle on rates

Splurging shoppers are unlikely to dent the chances of an August interest rate cut, with consumer data tipped to deliver an upward spending trend.

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Rio Tinto profits slip as prices weigh on performance

Rio Tinto profits slip as prices weigh on performance

One of the world's biggest iron ore miners has posted its weakest first-half profit in years as lower global demand continues to drag on the commodity's price.

Families paying premiums for school catchment zones

Families paying premiums for school catchment zones

Homes within sought-after school catchments are selling for millions of dollars, but data shows this does not always lead to stronger capital growth.

Faxes to apps: CommSec's 30 years of shaping investing

Faxes to apps: CommSec's 30 years of shaping investing

As Australia’s first online broker celebrates its 30th anniversary, one of its earliest customers reflects on how trading has changed for Australian investors.

Older Aussies back increased superannuation tax

Older Aussies back increased superannuation tax

A survey of older Australians has backed the federal government's push for increased tax on high balances.

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Woodside activists vow to fight on despite jail terms

Woodside activists vow to fight on despite jail terms

Woodside activists vow to fight on despite jail terms

Woodside activists vow to fight on despite jail terms

Two climate activists have been handed suspended prison terms for their "harmful" act of letting off stench gas at Woodside’s headquarters.

Australians warned to not jump the gun on tax return

Australians warned to not jump the gun on tax return

Australians warned to not jump the gun on tax return

Australians warned to not jump the gun on tax return

The national tax office has warned Australians to be patient in lodging their tax returns as the financial year comes to an end.

Green tick: Australian net-zero projects to be rated

Green tick: Australian net-zero projects to be rated

Green tick: Australian net-zero projects to be rated

Green tick: Australian net-zero projects to be rated

Environmental projects will be analysed and rated in Australia in a move experts say could prevent greenwashing and encourage international investments.

Cochlear launches new implant, downgrades guidance

Cochlear launches new implant, downgrades guidance

Cochlear launches new implant, downgrades guidance

Cochlear launches new implant, downgrades guidance

Weaker-than-expected sales have prompted a home-grown health technology giant to downgrade guidance, just as it releases its latest device.

Microscope on IVF giant over 'inexcusable' embryo error

Microscope on IVF giant over 'inexcusable' embryo error

Microscope on IVF giant over 'inexcusable' embryo error

Microscope on IVF giant over 'inexcusable' embryo error

A private fertility giant faces potential legal and regulatory backlash after transferring the wrong embryo to a woman, its second mix-up in months.

James Hardie shares hammered on $14b US merger deal

James Hardie shares hammered on $14b US merger deal

James Hardie shares hammered on $14b US merger deal

James Hardie shares hammered on $14b US merger deal

Shares in fibre cement manufacturer James Hardie have sunk on news of a merger with US-listed AZEK, as investors vote with their feet over the deal's value.

Nine looks to turn page on strife under new top dog

Nine looks to turn page on strife under new top dog

Nine looks to turn page on strife under new top dog

Nine looks to turn page on strife under new top dog

Media giant Nine has appointed Matthew Stanton as chief executive officer and managing director, replacing Mike Sneesby who stepped down after internal turmoil.

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Aussie market claws back ground after Wall St plunge

The Australian share market has resumed its downward trend, after dropping sharply in early trading and recovering a little in the wake of a US market sell-off.

Australian shares edge higher as steel tariffs loom

Australian shares have gained ground as a new trading week begins but it could be a bumpy time ahead with ongoing uncertainty over US tariffs and global growth.

Australian shares plummet to six-month low

The Australian share market has fallen to its lowest level since towards the end of 2024 as uncertainty over global trade sends investors ducking for cover.

Shares slip as US tariffs take hold, trade war looms

The Australian share market has closed lower as US tariffs on its biggest trading partners and plans to cut military aid to Ukraine generate uncertainty.

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'Game-changing' anti-scam laws to protect consumers

Scam victims will have clearer paths to compensation if businesses do not shore up their defences after scam prevention measures were enshrined in law.

'Human error': energy giant fined $1.6m for DV breaches

One of the Australia's largest energy retailers has apologised after racking up $1.6 million in fines for their treatment of family violence-affected customers.

Rivers' stores to close after no buyer found

Iconic clothing and footwear brand Rivers will close its doors after more than 40 years, after failing to find a buyer.

Casino hub could be first to go to save falling Star

A casino precinct might be the first asset sold from an embattled operator's multi-million dollar portfolio in a bid to avoid going belly up.

Subscription trap warning for new year health goals

New year health and wellness regimes could come at a cost to your hip pocket if you fall victim to subscription traps and other unfair trading practices.

Sky-high $120m compensation bill for Qantas workers

Qantas has struck a deal to compensate more than 1800 workers to the tune of $120 million after the Federal Court found they were illegally sacked.

'Kick in the guts': bank slammed for $3 withdrawal fee

One of the big four banks has come under fire for changes to one of its everyday accounts which means some customers are slugged $3 when they withdraw cash.

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