Business

A damning report into the $50 billion National Disability Insurance Scheme has sounded the alarm on dodgy tactics by providers, including bogus claims of tax payer-funded overseas holidays.

Some of Australia’s leading stock pickers have focused on AI, data centre and computer chip as the best bets for investors to profit from the market’s current dip and create long-term wealth.

After years as a dissident, Kevin Warsh is set to run the world’s most important central bank.

Penfolds owner Treasury Wine Estates will repurchase stock from a key US distributor as it settles a dispute that stemmed from Republic National Distributing Company closing operations in the California market.

The sprawling financial services group is pushing into traditional Australian retail banking services to take on the likes of ANZ, Wespac, and CBA.

The ASX-listed company, Australia’s biggest for-profit childcare operator with 400 centres, said the $350m impairment charge against goodwill reflected “challenging” trading conditions.

As Starbucks sells off most of its China business, local rival Luckin Coffee is expanding into higher-priced cold brews and other drinks. It’s also expanding its footprint in the US.

ANZ Bank’s cost cutting drive means staff will have to stump up $10 for a sausage sizzle and ice cream on Wednesday.

THE WASHINGTON POST: The former EV darling is struggling to retain customers. The reasons go beyond its famous co-founder.

The brand has become a staple in WA shopping centres since it opened the doors to its first location in 1975. 

Household spending unexpectedly declined in December with the outlook for the year ahead gloomy after the Reserve Bank of Australia hiked interest rates last week.

Some investors worry personal AI agents will soon shop for properties, jobs or cars on your behalf, cutting traffic to popular websites may slow. Experts have a different theory.

The probable increases to superannuation contribution limits that could apply from July 1 this year open up a range of possible strategies to employ over the next few months. Here’s what you can do . . .

While Australia’s December inflation data confirmed the price rises being experienced by everyone, there’s a hidden silver lining that can supercharge your retirement savings.

Q+A: Got parents in aged care? Did you know there’s a means-tested daily care fee cap, which is the maximum amount payable by an individual towards their daily care? Here’s how it works . . .