The car industry has slammed the Victorian government’s proposed luxury car tax. It would mean vehicles priced over $100,000 would have an additional tax on top of the federal Luxury Car Tax. Low emission vehicles, motor homes and dealer demonstrators are exempt from the tax. The Federal Chamber of Automotive Industry CEO Tony Weber tells Ross […]

Suncorp CEO Michael Cameron has resigned after four years in the top job, as the royal commission continues to rock the financial sector. Reports suggest the board could have disagreed with Mr Cameron who apparently wanted to sell their banking arm. CFO Steve Johnson will act as CEO until a permanent replacement is found. Shaw […]

Online retailer Kogan is being sued by the Australian Competition and Consumer Commission over promoting fake discounts. The ACCC says the retailer mislead customers by offering a 10 per cent discount to products whose prices were increased before the sale and then discounted afterwards. Kogan has denied these allegations. ACCC Commissioner Sarah Court tells Ross […]

Geoffrey Rush has been awarded nearly $2.9 million as part of a defamation payout after winning his case against Nationwide News. He sued the Daily Telegraph’s publisher after stories alleged he behaved inappropriately towards his colleague. The award-winning actor was granted $850,000 by the courts in general and aggravated damages but lost earnings took that […]

Construction has fallen further as the Reserve Bank of Australia makes the decision to closely monitor the labour market. Construction work done fell 1.9 per cent in the March quarter, following a 2.1 per cent fall in the December quarter. Governor Philip Lowe indicated the RBA will consider interest rate cuts next month if there […]

The Minister for Resources says the Premier of Queensland’s Adani decision is in the government’s best interest. Premier Annastacia Palaszczuk has requested Adani Australia CEO Lucas Dow and the independent regulator meet with the Coordinator-General to provide a definitive time frame for the Adani project’s approval by Friday. Ross Greenwood has said the move exposes […]