In an important report, the IMF has found Australian households are more sensitive to changes in interest rates than virtually any other consumers globally because of the dominance of variable-rate mortgages, high levels of household debt and lax lending rules.
The Albanese government will push insurers to cut costs for households that take steps to reduce their risks amid soaring double-digit premium growth that is expected to continue in 2024.
Craig Emerson's interim report into the behaviour of big supermarkets recommends massive fines for those who abuse their buying power to unfairly treat farmgate suppliers.
Seven’s investigative program, Spotlight, will make its return on Sunday April 14. That’s despite concerns the fact the beleaguered current affairs show could be hit by a public backlash over scandalous claims that emerged about the network last week.
The head of Mayfair, James Mawhinney, who has been charged with four counts of engaging in dishonest conduct, faces a lengthy time in jail.
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