Business

NICK BRUINING: Many seniors accessing in-home care will be required to make new financial contributions based on their income and, for the first time, their assets. But there is a way to reduce the burden.

THE ECONOMIST: Both banks and private-markets giants are fearful of more lending blow-ups.

It comes as the government revealed its plan for the future of physical currency.

Australia's mineral wealth, renewable energy potential and unique regional positioning will be spruiked by the nation's treasurer to big money in the Big Apple.

Class action damages have hit a record high but lawyers aren’t necessarily the biggest winners.

While bond and gold investors are betting on economic trouble ahead, share investors remain optimistic about the prospects for artificial intelligence to reshape the business world.

THE ECONOMIST: Politics and ageing populations are pushing the world’s rich economies down a dangerous debt path.

THE NEW YORK TIMES: ‘Is it really OK for America to, as it pleases, decide this percentage for this country and this percentage for this country? I have objections.’

The plight of the currency transport business comes as the number of Australian ATMs has halved in eight years and as the network of bank branches has plunged.

Southern Cross Media has reported a bumper jump in first-quarter earnings ahead of its planned merger of equals with Seven West Media.

Australia’s biggest stocks have touched a new record mid-trading day high, following a positive overnight lead from Wall Street and signals of more interest rate cuts.

Legal action has been launched against one of America’s biggest financial institutions over alleged financial ties with convicted sex trafficker Jeffrey Epstein.

Investors have shrugged off President Trump’s tariff threats as ASX banks, miners and data centre businesses linked to AI sent shares to a record high.

A November call on interest rates is set to go down to the wire as the Reserve Bank faces the threat of dual hits from rising unemployment and hotter inflation.

THE ECONOMIST: As China and America clash over trade, cracks emerge in each side’s position.