Economy

Bushfires to hit GDP by at least 0.4% in Q1: AMP
10 January 2020
Bushfires to hit GDP by at least 0.4% in Q1: AMP

The ongoing bushfire crisis could result in a 0.4 per cent detraction from Australia’s gross domestic product, or up to 1 per cent should the fires continue throughout the rest of summer, ...

Tax relief for bushfire victims
9 January 2020
Tax relief for bushfire victims

The ATO and the Treasurer have announced special tax measures for individuals and businesses impacted by the devastating bushfires.

Adviser banned over breach of BID
9 January 2020
mortgagebusiness

A NSW-based adviser has been banned from providing financial services for four years, after ASIC found he failed to meet his best interests duty obligations.

Building approvals soared in November
9 January 2020
Construction

The number of new dwellings approved across the nation jumped in November, largely driven by a 52.8 per cent increase in building approvals in NSW.

Yellow Brick Road sells wealth division operations
8 January 2020
Yellow Brick Road sells wealth division operations

Yellow Brick Road has sold off the head office operational and business functions of YBR Wealth to InterPrac Financial Planning for $2.5 million.

FHLDS comes under new fire
8 January 2020
FHLDS comes under new fire

The new First Home Loan Deposit Scheme fails to address accessibility and affordability, the head of residential research Australia at property research and insights provider CoreLogic has ...

Major banks release major bushfire donation packages
7 January 2020
Major banks release major bushfire donation packages

The major banks have announced million-dollar donation packages to support individuals and communities affected by the ongoing bushfire crisis and support frontline organisations, including ...

Home values surged in December quarter
7 January 2020
Tim Lawless

National dwelling values increased 4.0 per cent in the three months to December 2019, the fastest growth rate seen over a three-month period for 10 years, according to CoreLogic.

AFCA opens online bushfire support hub
7 January 2020
AFCA opens online bushfire support hub

The Australian Financial Complaints Authority has established an online hub dedicated to families and small businesses impacted by the Australian bushfires seeking financial recovery support

Heartland announces changes to the board
6 January 2020
Heartland announces changes to the board

New Zealand-based lender Heartland Bank has announced changes to its board following the departure of its independent director, Vanessa Stoddart.