YOUR MONEY: Self-managed superannuation fund members (and their advisers) have been warned the taxman is coming to weed out bad behaviour, including illegal loans and early access to savings.
There’s only one broad labour market group that can afford the typical $1 million house. Here’s why the housing crisis could spark something else underground.
Analysts highlighted an exceptionally volatile profit reporting season on worries about the impact of AI, as traditional miners and banks favoured by older generations jumped higher.
Harvey Norman chair Gerry Harvey reckons consumers have cast aside cost-of-living pressures to stock up on AI-led computers and mobile devices, helping it deliver a 15 per cent increase in half-year profit.
Coles chief Leah Weckert says while this month’s interest rate rise has knocked consumer confidence, the supermarket giant is yet to see the impacts on shopping behaviour.