Business

DEBTMAN: There are 2.2 million property investors in Australia holding their collective breath right now ahead of Jim Chalmers’ Budget. And there’s one small but painful thing they may not have considered.

The Reserve Bank has delivered a third straight rate hike but experts warn the real mortgage pain has not yet begun for struggling households.

Customers have been warned to stop using the item immediately or risk ingesting metal shards.

Regulatory missteps prevented CEO Shemara Wikramanayake from taking full advantage of bumper profits at the investment bank, and despite taking home more than $26m, another executive out-earned her.

MARK HUMPHERY-JENNER: Denying young people the tools older generations have used to accrue wealth would be the true act of inequity.

Labor may loosen super investment rules, but Jim Chalmers says members’ interests will remain paramount.

THE ECONOMIST: A historian along with a technology writer uncover the essence of Muskism.

A one-month surge in copper prices sent Rio Tinto shares to a record $252 billion valuation this week, amid rising bets inflation will push commodities higher.

Borrowers have been slugged with higher mortgage rates after the Reserve Bank’s May hike, but many savers will miss out unless they meet the fine print on bonus accounts.

Gas producers have slammed policy forcing them to sell 20 per cent of their product directly to the domestic market, warning it could hurt future supply.

The betting group says AUSTRAC is looking at “a number of serious concerns” with Tabcorp’s ability to identify and stop money laundering and monitor its customers.

Shares in the ASX-listed company behind big-box retailers BCF, Rebel and Supercheap Auto were hammered after it reported a soft trading update as consumers batten down the hatches.

Australian diesel prices are tipped to soar to new record highs above $4 a litre even with the Federal Government’s temporary halving of fuel excise tax.

A tumbling oil price and rally in tech stocks including Google-parent Alphabet on Wall Street set the S&P/ASX 200 up for a positive open on Thursday.

The surprising reason for the Australian dollar being propelled to a four-year high has been revealed.