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Moreton Bay’s economic growth remains a year ahead of council expectations after an $830 million boost in the last 12 months. Mayor Peter Flannery said their latest economic report card confirms the city’s economy is now worth $24.77 billion and […]
The recent interest rate rise is putting new pressure on greater housing affordability, the Real Estate Institute of Australia (REIA) says. On Tuesday, the Reserve Bank of Australia (RBA) board unanimously chose to raise the official cash rate to 3.85%
Qantas is pulling out of Jetstar Japan after selling its minority stake in the low cost carrier to the Japanese government. The state-owned Development Bank of Japan will pick up the Aussie air carrier’s 33.3% stake, joining Japan Airlines (50%)
Non-bank lenders are ramping up court action over insolvencies as the major banks step back, a new report reads. The report from business rescue firm Jirsch Sutherland notes that insolvency pressure nationwide also remains high. It says this trend shows that company
Tax dodgers are to be banned from leaving the country until they settle their debts, the Australian Taxation Office (ATO) says. The ATO is now using Departure Prohibition Orders (DPOs) to block departures amid moves to boost payment and debt
Posties are being injured on the roads at least five times a week and drivers need to keep an eye out, Australia Post says. In the 2024-25 financial year, over 280 posties were injured in third-party traffic accidents ranging from
A regional banking alliance say they have a plan to keep bank branches open in rural and regional areas. And the Regional Banking Investment Alliance (RBIA) says it gave that plan to the Federal Treasury. (The alliance comprises of 21
Dreamworld’s plans to grow its theme parks and move into nature tourism and housing looks set to be fast-tracked by the Queensland Government. The state government says it is chasing a call-in notice for a development application from the park
More than 30 dining businesses in Darwin received surprise visits from tax and Fair Work officials this week. The visits are part of Operation Sentinel, which is cracking down on those businesses suspected of cooking their books, exploiting workers and
Chronic back pain is likely to hurt more than three million Australians by 2033 and cost the economy more than $630 million over 10 years. A new study from Monash University reveals that long-term back problems will cause a loss
