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Regulation
AML/CTF is not the death knell for smaller firms
AIC NSW boss says Tranche 2 compliance is here but 'I don't see any evidence it's broken the camel's back'.
Latest coverage
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Economy
‘Loud and clear’: tax surcharge about-face defended
The government has defended its position on changes to card surcharge payments, but the coalition says it’s clear its counterparts don’t understand business.
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Market
More apprentices needed to bolster tradie stocks
Builders boss says ‘if we are going to continue with international students, we should be linking to areas where skills really matter’.
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Economy
Don’t expect government to give you a helping hand
Treasurer says ‘people understand that the mid-year update will necessarily be a pretty tight ship’.
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Economy
Now it’s homes before lifestyle for Aussies
Three-quarters of Australians are willing to cut back on their discretionary spending to afford a home, new data reveals, but there is a catch.
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Market
Councils fear data centres ‘coming at us’ on prime land
Local councils have called for state and federal governments to crack down on data centre developments, as potential residential land is snapped up.
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Market
Crisis housing finally gets big injection of funds
Housing minister says looking after women and children without stable homes was ‘a failure of government in this country’.
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Market
Young Australians beholden to whim of banks when buying
Mortgage expert says ‘how home loan applications are assessed by lenders would support more timely access to ownership’.
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Economy
Widow tax loophole fixed after NDIS deal
Late-stage changes to the so-called widow’s tax will become law following a deal struck between Labor and the coalition.
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Economy
Property-owning pensioners could get less public money
A change to the nation’s deeming rate from September will decrease the pension offered to seniors who own assets.
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Economy
Bipartisan support leads to closing of widow’s tax
Coalition joins Labor to close widow’s tax loophole as it agrees to support changes to NDIS funding.
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Market
Why old office buildings are still vacant
Businesses seeking office space are gravitating to the most expensive end of the market even if it means paying more up front, fresh data suggests.
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Economy
Home values decline due to Budget changes
Property data firm says ‘investors and first-home buyers are becoming more cautious as borrowing costs rise’.
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Economy
Workers ‘forced’ to accept AI systems or leave jobs
The federal government’s plans for AI are unrealistic and could put Australian workers at risk, including through unethical practices, an expert warns.
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Market
‘Keeps me up at night’: rental rupture laid bare
Rising rents and falling real wages have squeezed young Australians, who find themselves no better off than previous generations.
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Economy
Renters pour a record share of income into housing
The average renter is spending a third of household income on keeping a roof over their head, and the situation is worse for the poorest Australians.
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Economy
Labor’s economic reforms affecting ‘standards of living’
Coalition blasts tax changes and says ‘economy is flatlining’, while One Nation believes ‘people have had a gutful’.
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Market
‘Almost all markets now favour buyers’
Economist suggests ‘If more homes go to owner-occupiers, fewer remain available to rent’.
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Economy
‘Reform is always hard’: PM coy on tax carve outs
Anthony Albanese has not revealed whether carve outs for businesses are on the table for controversial tax changes from the federal budget.
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Market
Some concessions to tax reforms are still on the cards
Treasurer in talks with businesses which may allow startups to keep their 50 per cent capital gains rate.
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Economy
Cooling house market offers hope to first-time buyers
Auction clearance rates have hit a five-year low, and the percentages are the lowest Australia has had in five years.
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Economy
‘I will not be silent as we rebuild Liberals’
Tony Abbott has spoken out against other conservative parties, but his vocal nature could cause trouble for Opposition Leader Angus Taylor.
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Market
Brace yourself for a big fall in house prices
Finance analysts predict the government’s negative gearing and CGT changes to invoke a drop in house prices next year.
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Economy
Property purchases down as interest rate shocks hit
Rising living costs and interest rates are hurting housing sales, with a sharp downturn in loans and investor lending.