Business

Reserve Bank of Australia deputy governor Andrew Hauser.

Criticism easy in hindsight: RBA deputy defends rate hikes

Reserve Bank of Australiadeputy governorAndrew Hauser has defended its approach to interest rates after it reversed the string of rate cuts in 2025, saying criticism can easily be made with hindsight.

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ASIC chair Sarah Court confirmed the investigation into KPMG on Friday.

ASIC launches inquiry into Big Four auditing giant KPMG

Sarah Court, the new chair of the Australian Securities and Investments Commission, announced the formal investigation into Big Four auditing firm KPMG was launched in the days after its CEO quit.

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Reserve Bank of Australia's Governor Michele Bullock and Treasury secretary Jenny Wilkinson.

Why rents could surge without helping first homebuyers

A leading property economist is warning Labor’s negative gearing and capital gains tax changes will cause rents to soar without seeing more first homebuyers enter the housing market as investors lost interest.

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Elon Musk hired 23 banks and brokerage to sell SpaceX shares to investors.

SpaceX all buzz on Wall Street ahead of world’s biggest IPO

America’s big banks are pitching Elon Musk’s rocket company to investors, as they prepare to reap huge fees from the largest IPO ever.

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Reserve Bank of Australia governor Michele Bullock has warned Australia faces a stagflation crisis.

RBA chief fears stagflation from poor productivity

Reserve Bank governor Michele Bullock has warned Australia’s poor workplace productivity could lead to stagflation where unemployment and inflation were both high at the same time.

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NAB was scolded by politicians for its use of the KPMG whistleblower program amid drug allegations.

NAB facing cocaine allegations, KPMG whistleblower scrutiny

The bank was scolded in Canberra last week for its whistleblower program amid allegations drugs were used at one of its Christmas parties.

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Elon Musk is set to become the world’s first trillionaire.

SpaceX price sends Musk’s worth out of this orbit

THE NEW YORK TIMES: This could put Elon Musk on the path to becoming the world’s first trillionaire.

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US President Donald Trump has slapped a new tariff on Australia.

‘Surprise windfall’ in Trump’s Aussie tariff punishment

Trade Minister Don Farrell says Donald Trump’s tariffs have delivered a ‘surprise windfall’ for Australia, but has told his counterpart to back off on further increases.

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Elon Musk, chief executive officer of Tesla Inc.

SpaceX's public offering could make Musk a trillionaire

SpaceX's decision to publish a ‌price a week ahead of its landmark offering has few if any precedents among major US initial public ‌offerings.

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Betashares’ expansion into the private credit sector faces headwinds.

ETF pioneer’s private credit bet runs into global sell-off

Betashares’ expansion into the private credit sector faces headwinds as global investors rush to sell out of a fund operated by its US investment partner.

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Chevron Australia boss Balaji Krishnamurthy says the company’s American head office is ‘confused and frustrated’ about a proposed national gas reservation scheme.

Chevron boss warns of US vexation over Canberra intervention

Chevron’s American head office is ‘confused and frustrated’ about a proposed national gas reservation scheme.

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New legislation touted as enabling the Fair Work Commission to work more effectively will also allow the Commonwealth to favour contractors with EBAs for Federal Government projects.

Business accuses Feds of ‘sneaky move’ to help ‘union mates’

Major changes to the way the Federal workplace umpire operates under a guise of efficacy have been blasted by industry groups.

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Jim Chalmers has admitted Australia’s weak productivity iss a problem.

Why stalling economy could stop further interest rate hikes

Australia’s economic growth has stalled following a series of interest rate rises while productivity has gone backwards, which could stop the Reserve Bank hiking rates any further.

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Investors should watch out for indigestion.

Can the stockmarket swallow Anthropic, SpaceX and OpenAI?

THE ECONOMIST: As the three tech titans prepare their blockbuster debuts, some fear Wall Street may be biting off more than it can chew.

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There are predictions property values will fall as the economy faces significant hurdles.

Could housing tax changes slow the economy even further?

The latest data is expected to show Australia's economic growth rate slowed even before the effects of interest rate hikes and the Iran war were fully felt.

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