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Finance

Centrelink payments to increase, including JobSeeker, for millions of Australians

by Adam Aitken

Welfare recipients are in line for a $40-a-fortnight boost with parliament passing the increase, despite calls for the rise to be higher as the nation deals with a cost of …

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Major development after popular protein ball company Bounce Food collapses

by Adam Aitken

Popular Australian protein bar company Bounce Foods has found a new buyer after the company entered voluntary administration last month. Protein fanatics were heartbroken to hear the news that on …

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Insolvency surge hitting Aussie businesses like ‘perfect storm’

by Adam Aitken

Cash-strapped businesses are buckling under pressure from the Australian Taxation Office and other creditors as the insolvency trickle turns into a “surge”. That’s the verdict from comparison site Insolvency Australia, …

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Australian households facing home insurance affordability stress as premiums jump following floods and supply chain issues

by Adam Aitken

Many households are on the verge of abandoning their home insurance policies, as new research has found about 1.24 million Australians are facing insurance affordability stress. It comes off the …

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Last chance for eligible Victorian households to apply for $250 Power Saving Bonus

by Adam Aitken

Victorians have until midnight August 31 to apply for the current $250 Power Saving Bonus payment from the state government. The new round of the payment was an election promise …

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SUV is car of choice for many first-time Indian buyers now

by Francesco Algarotti

Sport utility vehicles (SUVs) have seen a four-fold increase in their share among first-time buyers in the country over the past decade as a growing number of Indians flocked to …

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Health insurer HCF to give customers $176 million cash back

by Adam Aitken

Australian health insurance company HCF has announced it is giving back an additional $40 million in health insurance claims savings to its members. Private health insurer HCF has already given …

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Teeth whitening company Sparkling White Smile, sold in Chemist Warehouse, goes into liquidation

by Adam Aitken

Teeth whitening company Sparkling White Smile, which has products sold through Chemist Warehouse, has gone into liquidation. The teeth-whitening company was officially put into liquidation on Monday with Stephen Wesley …

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AMP class action settles for $110 million following banking royal commission revelations

by Adam Aitken

Irate shareholders who sued AMP over allegations of financial misconduct have reached a $110 million out-of-court settlement, averting the need for a lengthy hearing. On the eve of a 15-day …

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Coles supermarket profits hit $1.1 billion as struggling consumers skip eating out amid cost of living crisis

by Adam Aitken

Cost-of-living pressures have helped supermarket giant Coles to a 4.8 per cent profit boost, but organised crime is increasingly threatening its bottom line. The company on Tuesday reported supermarket sales …

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