Business

DEBTMAN: Annual superannuation statements are on their way. If you think you’ve got enough know-how, there are probably about half a dozen things you need to look at.

NICK BRUINING: Financial advisers who recommend SMSFs have been put on notice that ASIC will be ramping up surveillance of their activities following the release of a damning report.

SARAH WELLS: If you had good personal financial intentions for the year but haven’t quite stuck to them, there’s never a better time than before Christmas to re-calibrate your spending.

‘What a hole you’ve dug, Aidan. Admit the mistake now.’

Deputy governor Andrew Hauser has opened about interest rates, revealing what needs to occur for home owners to get some much-needed relief. He also compared the economy to a ‘trapped’ racehorse.

THE ECONOMIST: Gridlock in Washington prevents official data releases. And unofficial ones disagree

ANZ Group flagged a 20 per cent jump in operating costs as its statutory profit sunk 10 per cent and new chief executive Nuno Matos promised to turn performance around.

Solving the embattled telco’s dysfunctionality is more complex than calling for the Optus chief to resign, an expert says.

Uber has confirmed a major change within weeks, but users won’t like what it means for them.

OpenAI is facing seven lawsuits claiming ChatGPT drove people to suicide and harmful delusions even when they had no prior mental health issues.

Macquarie said rising employee expenses and tech investments slowed its profit growth to three per cent over the September half.

The national carrier is now forecasting slower revenue growth of about 3 per cent for the first half of the 2026 financial year because of reduced bookings from non-resource companies.

At Tesla’s AGM, shareholders approved Elon Musk’s pay packet to tie their own financial fortunes to those of the divisive tech entrepreneur.

THE ECONOMIST: China built its power on manufacturing — now it’s building a new kind of power by helping the world ditch fossil fuels.

Australian travellers are being warned after US airlines were ordered to cancel flights as air traffic controllers feel the strain of working during the government shutdown.