BUSINESS

Stock markets and oil prices jumped Tuesday, supported by hopes China will unveil fresh measures to boost the world's number two economy.

Germany's blue-chip DAX stock index jumped above 20,000 points for the first time Tuesday following gains on US and Asian markets, defying multiple headwinds battering Europe's biggest economy.

Variables like shifting interest rates, erratic real estate values, and international conflicts can all drive down ROI. Therefore, Australians must review their superannuation plans to make sure they're on track to meet their retirement goals.

Located just under an hour's drive north of Melbourne's CBD, Mickleham has seen rapid population growth as young families, priced out of inner-city housing, move to more affordable areas. However, the development has raised concerns among locals and experts alike.

Commonwealth Bank decided to impose a AU$3 fee for in-person cash withdrawals following the disclosure of the company's astounding AU$410 million in cash services expenditures for the fiscal year ending June 2024.

Paris stocks and the euro fell Monday as a budget standoff in France fuelled concern about the eurozone's second-biggest economy.

Since Nov. 21, Woolworths was facing an indefinite strike from over 1,500 workers, who have been demanding higher wages and improved safety measures.

Initially, Australian Venue Co had informed its managers not to permit flagwavers to celebrate Australia Day in its establishments on Jan. 26.

Due to the sweeping closure of service centers and call centers from Dec. 25 to 27, and Jan. 1, 2025, individuals will be required to report their income early and on a new reporting date to receive payment on time.

The yen rallied against the dollar and the euro also advanced versus the US unit Friday as traders reacted to news of higher inflation in Japan and the eurozone.

The report identified eight groups as being particularly at high risk of multiple deprivation -- JobSeeker Payment, Parenting Payment, Disability Support Pension, or Youth Allowance, single-parent families, First Nations people, and those renting social or private housing.

This demonstrates the substantial influence that Australia's real estate market has on the people's wealth, with the average household having a net worth of AU$1.58 million.

Under Australia's consumer law, buyers are only entitled to a return or refund if the product is faulty or doesn't match the description, not if they simply change their minds.

Eurozone stock markets rebounded Thursday as France's political stand-off showed signs of easing, while Chinese equities fell despite reports the United States may be less stringent than feared with its curb on tech equipment to China.

National Australia Bank (NAB) revealed that debit and credit card scams were at their highest levels in November.

India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials of fraud.

The company collapse would mean dozens of farmers being left without buyers for their milk and owning millions of dollars for previous supplies.

The monthly consumer price index (CPI) increased 2.1% in the 12 months to October 2024. A more steady inflation environment was shown by the fact that this increase fell short of the 2.3% market projection.

Under the Australia Connect initiative, the Bosun subsea cable will link Darwin, Australia, to Christmas Island, which will then connect to Singapore. Additionally, a new interlink cable will connect Melbourne, Perth, and Christmas Island, with Melbourne linking to the Honomoana cable system.

Anglo American pivoted to restructuring, primarily to refocus on copper -- an essential resource amid rising global demand for sustainable energy solutions -- following its successful defense against a $49 billion takeover bid from BHP.

Next Level Elevators transforms Australian homes with premium Italian-engineered elevator solutions, offering families unparalleled flexibility and elegance. Its best-selling elevator, the Eltec HLB, embodies customisable luxury, allowing homeowners to tailor every aspect, from cabin size to finishes.

US shoppers are coming out in force this holiday season, but the festiveness is being tempered by inflationary pressures that have abated but not completely faded.

The Australian Prudential Regulation Authority said in a statement it was confident the 3% buffer will help households stay afloat and repay their loans under various scenarios.

Global stocks diverged and the dollar gained Friday following a bounce on Wall Street as traders weighed weak European economic data and concerns over escalating tensions in the Russia-Ukraine war.

Healthscope had proposed a AU$100 fee for Bupa and AHSA members using the former's care facilities to deal with what they called the "chronic underfunding" from insurers, amid rising cost of providing care.

BioCatch Trust Australia will be used to assess whether customers of the Commonwealth Bank of Australia, National Australia Bank (NAB), ANZ Group Holdings, Westpac, and Suncorp Bank were legitimate or fraudulent.

The US government late Wednesday asked a judge to order the dismantling of Google by selling its widely used Chrome browser in a major antitrust crackdown on the internet giant.

The government is providing up to AU$80 million to support Rex's regional routes during this period, recognizing the airline's vital role in regional Australian communities.

Treasurer Jim Chalmers and Finance Minister Katy Gallagher confirmed in a joint statement that the fund's main goal was to maximize returns, with the growth rate benchmark and risk profile remaining unchanged.