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Finance News

Star Entertainment Group receives debt bailout package

Gaming company Star Entertainment Group has secured a $200 million lifeline from lenders to help it through financial challenges.In a note posted to the...

EnergyAustralia fined $14 million for misleading hundreds of thousands of consumers

EnergyAustralia has been fined $14 million by the Federal Court for misleading hundreds of thousands of consumers about electricity prices.The energy retailer admitted to...
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Government has ‘no plans’ to change negative gearing and capital gains discount

Anthony Albanese has watered down speculation the federal government will move to change negative gearing at the next election...

Aussies paying more than ever for petrol, new data shows

Australian motorists are spending more than ever before on Petrol, data from NRMA has revealed.Sydney is currently enduring the...

Axeing negative gearing won’t solve housing crisis but may have meaningful impact, experts say

Phasing out negative gearing may not solve Australia's housing crisis but reforming the controversial tax write-off could have a...

Mark Zuckerberg joins exclusive $US200 billion club, closes in on third-richest person in world

Watch your backs, Jeff Bezos and Bernard Arnault.Mark Zuckerberg is gaining on you.Recent figures from Bloomberg's Billionaire Index show...

Treasurer Jim Chalmers confirms second federal budget surplus of $15.8 billion

has confirmed the first back-to-back federal budget surplus in over 15 years.The Treasurer today announced a $15.8 billion...

Australia should scrap capital gains and superannuation concessions in tax overhaul, IMF says

Australia would benefit from an overhaul of its tax system, including scrapping billions in capital gains and superannuation concessions,...