Price gouging report finds big businesses are exploiting Australians
The former chair of the ACCC takes aim at electricity providers, banks, airlines, supermarkets, and other big businesses in his new report on price gouging and unfair pricing practices.
Analysis
analysis:Is it time to stop rewarding landlords who can't make money?
There are two things the prime minister needs to get into his head about tax. One is that saying he won't make any further changes no longer works. The other is that negative gearing doesn't do much to get people into homes, writes Peter Martin.
Analysis
analysis:Why the cost of living crisis could worsen even if the RBA leaves rates on hold
Leaving the cash rate unchanged today is all but a foregone conclusion for the RBA. Behind closed doors, you can't help but wonder if November's rate hike was a mistake as the economy cools, writes Ian Verrender.
Young people are looking for financial help in the wrong places, experts warn
Generation Z has the most debt, least savings and highest costs. But experts say there are ways to help them get more financially savvy.
Charging dead people, stealing billions — the five years that cleaned up banking
The issues that led to the royal commission five years ago have faded, even if they haven't all been fixed. As new issues like scams and the impact of artificial intelligence capture attention, advocates want banks to keep a focus on doing the right thing by their customers.
Millions of home owners made $3,000 in January but probably didn’t notice
It seems there's no stopping the march forward in the Australian property market, with housing prices expected to continue to rise by about 6 per cent in capital cities through 2024.
Analysis
analysis:Albanese goes all in on Labor's rejigged tax cuts, while cracks form in the Coalition
After unveiling his re-jigged tax plan last week, Anthony Albanese has conducted five press conferences, eight radio interviews and two TV interviews — the kind of media blitz usually reserved for winning an election, writes David Speers.
Analysis
analysis:I've been studying super for most of my career. This is what I wish I knew when I started working
There are benefits to paying timely attention to your super early in your working life to get the most from this publicly mandated form of financial self-discipline, writes Susan Thorp.
Investors 'picking up pieces of their life' after rich-lister faces class action alleging he misled them
One of Australia's richest men Andrew Budzinski faces a class action over allegations that he and his company, IC Markets, misled thousands of everyday investors who may have collectively lost hundreds of millions of dollars trading in risky financial products.
Crypto pastor admits to fraud on video, claims 'the Lord told me to' remodel house with funds
Four days after being charged with fraud by the Colorado Securities Commissioner, televangelist Eli Regalado decided to come clean to his supporters.
Whether you understand it or not, bitcoin 'is here to stay' — and experts say it's about to get even easier to invest
The decision by the US Securities and Exchange Commission to approve bitcoin exchange-traded funds was a decade in the making that's legitimised crypto — and experts say it won't be long before Australia follows suit.
Citigroup unveils plan to cut 20,000 jobs after posting $2.6 billion loss
The lender will be reducing its global workforce of 239,000 by 20,000 people by 2026 following a 'disappointing' quarter.
Warnings 'unsustainable' surge in complaints about banks will create delays for consumers
Complaints about scams to Australia's financial dispute resolution scheme nearly double in one year, amid warnings it is putting "unnecessary pressure" on the independent umpire.
Looking to clean up your finances in 2024? Here are eight money moves put forward by the experts
Whether you're a seasoned budgeter or have never really paid attention to your money, you could consider using the start of 2024 to plot out the year ahead financially.
'I had so much promise in my life, and that's where I ended up': A lifetime of work leads to $45k in superannuation
Despite working since her 16th birthday, Elaine retired with just $45,000 in superannuation. Research shows superannuation is the biggest driver of wealth inequality in Australia – and women have much less of it than men.
Australian shares could reach a record high in 2024, but a possible recession threatens that outlook
Key market and currency watchers say the Australian share market is likely to outperform other major financial markets in 2024 and the Australian dollar will trade higher against the greenback, with or without interest rate cuts.
Could you cope with a shock to your bank balance? Five ways to check if you're financially resilient
As the cost-of-living crisis plunges more households into financial uncertainty and at least one-third of Australians struggle to make ends meet, it's more important than ever to ask yourself: how financially resilient am I?
'Carrying cash is Plan B: If the cards aren't working, you don't get the goods'
As cash use for everyday transactions declines, regulators ponder how soon Australia may go cashless or whether Australians may have to bear the costs of using cash.
Analysis
analysis:The 'bank of mum and dad' might be crucial for buying a house, but new research shows it goes well beyond that
It's now common knowledge that loans and gifts from family are a large part of breaking into the housing market. But how is parental financial support being used in other areas?
Are you unable to see your loved ones over the holidays? Tell us your story
We want to know how your travel plans, whether domestic or overseas, have been affected by increased flight or fuel prices this holiday season, amid the rising cost of living.
Reserve Bank left rates on hold after 'encouraging signs' that aggressive hikes were taming inflation
Newly released minutes from the RBA's December cash rate meeting show the central bank decided to leave official interest rates on hold after seeing "encouraging signs" that aggressive hikes were working to win the inflation battle.
Consumers resort to payday lenders and pawning to get through as financial stress deepens
NAB tells the ABC its internal customer activity shows signs households are doing it tough.
RBA governor asks if Australians should pay a fee to use cash, while the ASX200 closes 0.5pc higher — as it happened
Australian shares rise 0.5pc, while the Reserve Bank governor says Australia has not fallen behind other countries in keeping inflation under control. Catch up on the ABC News live markets blog — as it happened.
Australia's expected to see 'significant' growth in second-hand EV sales. Here's what to know before getting one
With better supply and affordable options, second-hand electric vehicles are set to become more popular in Australia. Here's what you should know before getting one.
There's a few hundred thousand households spending more than they earn. Here's why the RBA's not worried
The Reserve Bank remains confident that very few borrowers — less than 2 per cent — are at serious risk of defaulting on their mortgages despite the sharpest rise in interest rates in more than three decades.