The Prime Minister has ordered Australia Post boss Christine Holgate to step aside while an investigation is conducted into the purchase of $12,000 worth of Cartier watches. The luxury timepieces were given to four executives as a reward for the long hours put into closing a deal with the banks. During Senate estimates, Ms Holgate […]

You can be too big to fail, but you can never be too big to be sued. The US Department of Justice has filed an antitrust lawsuit against Google, accusing the internet giant of maintaining an illegal monopoly over search and search advertising. At the heart of the suit is Google’s multi-billion dollar deal with […]

Zip’s popular Buy Now Pay Later platform can now be used in physical stores around the country after striking a deal with Visa, Apple and Google. The new Tap & Zip feature enables users to purchase items wherever Visa is accepted and pay for them over a number of interest-free instalments. The move was welcomed […]

The likelihood of a Melbourne Cup Day interest rate cut means competition among banks and lenders for borrowers is intensifying. Which is great news for anybody with a mortgage as increased competition means rock-bottom rates and generous incentives to switch lenders. Yellow Brick Road founder and Executive Chairman Mark Bouris tells Brooke Corte that Australians […]

Iconic shoemaker RM Williams is back in Australian hands, and its new owners expect more local jobs as a result. An investment group led by mining magnate Andrew Forrest and his wife Nicola has purchased the outfitter for about $190 million. Nicola Forrest told Jim Wilson 98 percent of RM Williams’ products are made in […]

Australia’s official unemployment rate has risen 0.1 points to 6.9 per cent as about 30,000 jobs disappeared in September. Underemployment – the number of people who are working but wish to work more –  also increased, rising to 11.4 per cent. When you add the two figures together, more than 18% of Australia’s workforce is […]