Business

CBA chief executive Matt Comyn

CommBank CEO: Aussies borrowing too much, no rate cut coming

Matt Comyn said a home-borrowing binge driving up property prices is bad for economic stability and social harmony, warning Aussies to prepare for 12 months of no interest rate cuts.

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The ASX slumps to a four-month low. Picture NewsWire/ Gaye Gerard.

Aussie shares plunge in wake of inflation warning

Australian shares have plunged to a four-month low in the wake of a Reserve Bank warning about the nation’s inflation rate.

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RBA board worries inflation is getting out of control

The Reserve Bank has given a strong hint that inflation may fail to moderate anytime soon. This is sure to disappoint borrowers hoping for more relief.

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Virgin Australia has announced it will scrap a popular perk before Christmas.

Major airline confirms huge changes for travellers

A major Aussie airline has announced it will scrap a popular perk before Christmas.

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THE ECONOMIST: Corporate America is learning to live with a unique commander-in-chief.

Shut up, or suck up? How CEOs are dealing with Donald Trump

THE ECONOMIST: Corporate America is learning to live with a unique commander-in-chief.

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TPG customer dies after triple-0 outage.

TPG customer dies after triple-0 connection issue

A TPG Telecom customer has tragically died after not being able to connect to triple-0 emergency services.

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Part of the Louvre has been shutdown due to structural weakness a month after it was robbed. (AP PHOTO)

Louvre closes gallery due to structural weakness

‘Staff representatives have been warning about the condition of the building for years.’

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Economists hold little hope of another rate cut at the Reserve Bank’s last meeting of the year. (Aap Image/AAP PHOTOS)

Insight on cash rate pause as economy runs at capacity

Rate-watchers will delve into the Reserve Bank's unanimous decision to keep interest rates on hold as stubborn inflation lingers with the economy at capacity.

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The bosses of Australia's biggest banks are heading to Canberra to face a parliamentary committee. (Joel Carrett/AAP PHOTOS)

Bank bosses brace for grilling over AI and scams

Commonwealth and Westpac executives are first-up as the Federal Parliament probes practices at Australia's Big Four banks this week.

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Atlassian said its ‘no bullshit’ policy meant it had to concede that its total annual business travel emissions have soared, blaming it on one change.

Jet-setting habit sends Atlassian emissions goal spiralling

Atlassian said its ‘no bullshit’ policy meant it had to concede that its total annual business travel emissions have soared, blaming it on one change.

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RBA Governor Michele Bullock during a press conference earlier this month.

Interest rates may already be too low: expert

A top economist says the Reserve Bank may have already moved too fast cutting interest rates and warned borrowers to brace for no further relief in 2026.

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Menulog is the latest delivery service to leave Australia. NewsWire / Dylan Coker

Ominous warning after Menulog shutdown

Menulog’s closure in Australia has sparked urgent warnings that delivery services will vanish unless Australians accept one thing.

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My wife is receiving a part-age pension because I am still working. She is older than me and I will be old enough to receive a pension in two years’ time. Can we boost her pension now?

A small tweak to boost wife’s pension while you work

Q+A: My wife is receiving a part-age pension because I am still working. She is older than me and I will be old enough to receive a pension in two years’ time.Can we boost her pension now?

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Some seniors will have an opportunity to earn nearly $2000 a week in the lead-up to Christmas Day and not lose a cent of age pension along the way. Here’s why, and how the work bonus system works . . .

Ho, Ho, Ho! It’s off to work we go (with no pension cuts)

Some seniors will have an opportunity to earn nearly $2000 a week in the lead-up to Christmas Day and not lose a cent of age pension along the way. Here’s why, and how the work bonus system works . . .

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Fly-in, fly-out workers, young sport stars and social media celebrities can set themselves up for retirement in just a few months with this very easy super hack.

One trick that can give a 20yo a $7m super pot at retirement

Fly-in, fly-out workers, young sport stars and social media celebrities can set themselves up for retirement in just a few months with this very easy super hack.

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