Business

Fewer than one per cent of households are in negative equity, the review said, but those who bought recently or who had a low-deposit mortgage were more likely to be in that situation.
Business
Adrian Lowe and Stephen Johnson

5pc deposit buyers most likely now in negative equity: RBA

Recent first-homebuyers who participated in the Federal Government’s 5 per cent deposit scheme are those most likely to have fallen into negative equity, according to Reserve Bank of Australia research.

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Companies

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Wesfarmers and SQM's Mt Holland lithium venture.

Wesfarmers green lights $1.4b WA lithium expansion

Business
1 Min Read
The supermarket giant is hiking the price of a household staple as its suppliers face ongoing fuel-related supply chain and operational cost pressures.

Coles to charge more for item bought by almost every shopper

Companies
1 Min Read
NAB is the latest bank to confirm it is joining the cull, after ANZ revealed it was slashing 3500 jobs and 1000 contractors.

NAB and ANZ job cuts are just the start of killing season

Companies
3 Min Read
Consumers are being urged to shop around for the best grocery deals, though Australia’s third-largest supermarket offers the greatest overall value.

Cheapest supermarket and average shop totals revealed

Australia
2 Min Read

Markets

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Firmus is developing an AI factory zone in Tasmania, left, and Firmus current co-CEO Oliver Curtis during his release from prison in 2017.

From jail to AI billionaire: Firmus hits $44b ASX valuation

Business
4 Min Read
Auditor KPMG said it wouldn’t be in a position to provide its audit opinion on the financial reports by September 30.

Metrics puts hold on funds after shock $170m writedown

Business
2 Min Read
Video
Australia’s biggest miners may now increase their exposure to copper as they look to diversify beyond the commodity that has long driven the sector.

Copper set to give Aussie mining stock rally a new engine

Business
2 Min Read
Underlying inflation is, roughly, the part of today’s inflation most likely to still be there tomorrow. 
analysis

How should the US Federal Reserve measure inflation?

The Economist
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Wealth

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Australians are promised $1.6 billion in surcharge savings but rewards cardholders with the big four bank face higher rates, fewer perks and weaker insurance. Here’s everything you’re about to lose ...

Big banks gut credit card perks. Here’s what you’ll lose ...

Wealth
3 Min Read
The strong annual result concealed a sudden fall and recovery late in the financial year.

Is your super fund among this year’s best-performers list?

Business
3 Min Read
Video
Housing prices falling in Melbourne and Sydney The Nightly

Australian homeowners brace for pain as prices set to plunge

Australia
6 Min Read
What are the medical reasons that would allow you to access superannuation early? How do you do it? And is it worth the tax whack you’ll cop?

Is your dodgy knee worth the tax hit to access super early?

Wealth
3 Min Read

Mining

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Video
Australia’s biggest miners may now increase their exposure to copper as they look to diversify beyond the commodity that has long driven the sector.

Copper set to give Aussie mining stock rally a new engine

Business
2 Min Read
The Kalgoorlie Super Pit from above.

Northern Star rejects ‘highly opportunistic’ $39b takeover

Mining
2 Min Read
Mineral Resources managing director Chris Ellison.

Ellison to reap $17m as MinRes swings to a huge profit

Mining
1 Min Read
Video
Fortescue is also facing a class action lawsuit centred on sexual harassment at the company’s Pilbara iron ore mines.

Fortescue stands down exec embroiled in harassment probe

Mining
2 Min Read

Energy

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Inpex's Ichthys LNG offshore facilities

Gas carve-outs could leave factories paying top dollar

Energy
3 Min Read
Inpex's Ichthys LNG offshore facilities

Labor backtracks on fixed gas reservation demand

Business
1 Min Read
Video
Chief executive Liz Westcott dropped the bombshell as Woodside delivered its first half results on Tuesday.

Woodside dumps billions from clean energy spending target

Business
4 Min Read
International Energy Agency excecutive director Fatih Birol says coal will be boosted as a result of the geopolitical turbulence disrupting energy markets. 

Coal set for boost as geopolitical chaos rewrites energy map

Business
4 Min Read