Strain On Australia's Small Businesses: Cash Flow Squeeze And Survival Strategies
For small businesses, success often comes down to balancing many different tasks, like managing customers, employees, and suppliers. Given the economic challenges over the past year, it's no surprise that many Australian SMBs have felt the pressure on their cash flow, according to Rebecca Warren, Executive General Manager of Small Business Banking at CBA.
NDIS Minister Bill Shorten To Resign Nine Days Early, Prompting Ministry Reshuffle
Shorten, who is set to become vice-chancellor at the University of Canberra in February, denied that his early resignation was aimed at clearing the decks ahead of the election. "That is not the case," he said when asked about the timing.
Rising Climate Risks: 1 In 10 Aussie Homes Could Be Uninsurable By 2035, Analysts Say
Global disasters, like the devastating Californian wildfires, could also affect premiums in Australia.
Can Australian Coffee Solve The Crisis Of Soaring Global Prices?
With prices continuing to climb, some are turning their attention to the possibility of boosting local coffee production to cushion the market. However, industry insiders say that this will be a slow process.
UGG Since 1974 Forced To Rebrand Abroad Amid Trademark Dispute
In a TikTok video posted on Tuesday, Todd Springthorpe, managing director of UGG Since 1974, explained that the company had been sued by Deckers Outdoor Corporation, a U.S.-based footwear giant.
Australia's Healthcare Costs Soar: Bulk Billing Drops Amid Rising GP Fees
Healthcare costs are becoming harder to bear, especially in Tasmania (AU$54.26), the ACT (AU$51.84), and NSW (AU$44.05), where out-of-pocket GP visit fees are among the highest in the country.
NSW Government Says AU$140 Million Unclaimed In Toll Rebates: Are You Eligible?
Since the introduction of the AU$60 weekly toll cap in January 2024, nearly AU$75 million has already been refunded to drivers.
Egg Shortages Hit Australian Supermarkets Amid Avian Flu And Supply Chain Woes
Fast-food chains, like McDonald's, have also been impacted, with the popular breakfast menu trimmed back due to the shortage.
Los Angeles Wildfire Devastation Sparks Questions About Australia's Readiness
Downslope winds, which sweep over mountain ranges, are often dry, warm, and fast-moving, making fires spread quickly. In Australia, these winds have fueled fires into suburbs, and the same conditions exist in many areas.
Australia House Prices Decline: Why Are Experts Predicting A Temporary Slowdown?
AMP Chief Economist Shane Oliver attributed the slowdown in the housing boom to high prices and limited housing supply.
Coles Nightime Worker Stuns Australians With AU$40 Hourly Pay
Financial expert Rebecca Pike pointed out that salary sharing was a rising trend, especially among Gen Z, adding that social media had made it more common to discuss personal finances.
From AI To Fake Crypto Investments: 5 Scams Australians Need To Watch Out For In 2025
NAB Executive Chris Sheehan, a former Australian Federal Police officer, advised that while scammers were constantly evolving, there were some common red flags to watch out for, such as unexpected contacts, suspicious links, and poor grammar.
CES 2025: LG's AU$80,000 Transparent OLED T Coming To Australia
As TV sets continue to grow in size, this transparent design offers a solution to the problem of unsightly black screens dominating your wall when the TV is off.
Is AU$60,000 Still A Livable Salary In 2025? Viral Post Sparks Heated Debate
Alice Raspin, a social media user, shared her thoughts on the issue, explaining that wages need to keep pace with inflation. Her post has since gone viral, garnering more than 200,000 views.
Australians Invest A Record AU$5 Billion In US Stocks: What's Driving The Trend?
The U.S. stock market, particularly the exchange-traded funds (ETF) market, is growing rapidly, with a 10-year compound annual growth rate of 33%.
Golden Globes 2025: No Wins For Australians Despite Multiple Nominations
Five Australian nominees, including celebrated figures like Guy Pearce, Nicole Kidman, and Adam Elliot, were in the running at this year's Golden Globe Awards, but none were able to secure a win.
New Vehicle Efficiency Standard Takes Effect: Rules Criticized As It Could Raise Car Prices
Under the Albanese government's New Vehicle Efficiency Standard (NVES), pollution benchmarks will be set for new vehicles, with manufacturers facing a tax of AU$100 for every gram of CO2 per kilometer their vehicles exceed the limit.
Australia's Home Prices Drop For First Time In 2 Years
According to property data firm CoreLogic, prices across the country dropped by 0.1% in December, while values in major cities fell by 0.2%.
Japan Urges Australians To Explore Hidden Treasures Amid Tourism Boom
For Australian tourists, a highlight of the Japanese experience is the food. Five plates of sushi, a bowl of miso soup, soy sauce-flavored fries, and complimentary green tea come to just 968 yen — roughly 10 Australian dollars. Most sushi plates in Japan cost around AU$1, including tax, whereas in Australia, the cheapest plates are about AU$5.
Big Changes Ahead For Australians In 2025: Here's What You Need To Know
The range of changes include welfare payment increases, rising passport fees, and new workplace laws. While some costs, like medicine prices, will remain frozen, others, such as aged care worker wages and alcohol taxes, will rise.
Your Energy Bill Could Be $238 Higher Than It Should Be—Here's How To Fix It
Nearly 2.6 million customers are paying the same or more than the default offers set by regulators.
Last-Minute Christmas Shopping? Here's What's Open And When
Whether you're grabbing final gifts or making sure your home is prepared for the festivities, here's what you need to know about store hours and what's open during Christmas, Boxing Day, and New Year's.
Higher Super Tax Concessions: Who Benefits And At What Cost?
According to Andrew Podger, a professor of public policy at ANU, Australia needed to shift its focus towards creating a system that helps older Australians turn their accumulated super savings into reliable incomes, ensuring they can maintain their living standards and manage the financial challenges of old age.
Financial Wellbeing In 2025: How To Achieve Your Money Goals
Take stock of your financial situation by reviewing these five key areas: short-term debt, family protection (insurance and a will), emergency savings, pension savings, and investment plans. This audit will help you create a solid financial plan.
Corporate Worker Goes Viral For Bold AU$30K Pay Rise Request At Office Christmas Party
The social media post quickly became a conversation starter, with many people sharing their own holiday party mischief. "I also did this," one person wrote, while another admitted, "Me this weekend." One fan even declared, "Xmas party done right," while another humorously questioned, "Why do I have to yap so much?"
Jobs In Demand: Australia's New Skilled Migration List Sparks Mixed Reactions From Industry Groups
"The government is determined to tackle the skills shortage, especially in the construction sector," Immigration Minister Tony Burke stated. "This is an important step to attract qualified workers to help build more homes."
Melbourne Service Station's Under AU$1 Fuel Sparks Frenzy As Libertarian Party Protests Fuel Taxes
The promotional stunt, organized by the Libertarian Party, aimed to protest the government's fuel taxes, which currently added 55 cents per litre to the cost of petrol.
Holiday Headache: Australian Mortgage Rates Rise Despite RBA Pause
According to Canstar's insights director, Sally Tindall, the cycle of cutting fixed rates appears to have paused for now. However, she suggests that there could be some relief in the new year, with potential rate cuts offering much-needed support to homeowners.
Fake Deals Alert: Consumer Watchdog Warns Shoppers Of Misleading Discounts Ahead Of Boxing Day Sales
ACCC's warning followed a concerning report from The Salvation Army, which found that 29.9% of Australians "will struggle to pay their rent or mortgage this Christmas." The report also revealed that one in five people has had to skip medical care to afford Christmas expenses.
Meta Agrees To AU$50M Settlement For Facebook Data Breach: Who Can Claim Compensation?
The settlement, announced by the Office of the Australian Information Commissioner (OAIC) on Tuesday, concluded a four-year legal battle against Meta, two years after the company reached a US$725 million settlement in the United States.