Australian government department, 1976-
Western Australia's King River Tavern dumps electronic payments to ensure cash remains king
abc.net.au/news/2024-04-17/king-river-tavern-wa-cash-only-no-electronic-payment-costs/103730360
"Prices Dropped", "Super Savers", "Member Price" — you may have seen these promo labels at your local supermarket ... Show more
Woolworths, Coles and Aldi accused of using promotional labels that confuse and may mislead supermarket shoppers - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Woolworths, Coles and Aldi accused of using promotional labels that confuse and may mislead supermarket shoppers - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Title: Misinformation.
Illustration by Cathy Wilcox.
Read the letters to the editor here: Defence spending: diplomacy should come before sabre-rattling
What is being done to crack down on text scammers in Australia? It's the most popular scam delivery method by far, according to figures from the consumer ... Show more
What is being done to crack down on text scammers in Australia? - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
What is being done to crack down on text scammers in Australia? - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Australians eat more chicken than any other meat but growers say they are "going backwards" financially.
Chicken farmers are crying fowl and want a ... Show more
Australia's chicken farmers cry fowl with claims of unscrupulous trading practices by processors - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Australia's chicken farmers cry fowl with claims of unscrupulous trading practices by processors - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Local Facebook profits soar amid bargaining code stand-off: The social media giant increased its spending estimates for the year, once again raising questions ...
smh.com.au/business/companies/meta-predicts-higher-spending-weaker-sales-as-it-pushes-into-ai-20240425-p5fmf6.html
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Light wind in dollar's sails after bumper US payrolls: The dollar was firm but sluggish in Asian trading on Monday as investors looked ahead to U.S ...
reuters.com/markets/currencies/light-wind-dollars-sails-after-bumper-us-payrolls-2024-04-08/
Warning over fake delivery emails targeting Australians:
9news.com.au/national/scams-in-australia-hackers-online-email-texts-targeting-innocent-people-in-pictures/eaf2016c-b71f-42d5-ab20-c5ce51880b04
Franklin Templeton Upgrades $380M Tokenized Treasury Fund to Enable Peer-to-Peer Transfers
coindesk.com/business/2024/04/25/franklin-templeton-upgrades-380m-tokenized-treasury-fund-to-enable-peer-to-peer-transfers/
Does Australia’s higher-than-forecast 3.6% inflation dash hopes for an interest rate cut?
theguardian.com/australia-news/2024/apr/25/does-australias-higher-than-forecast-36-inflation-dash-hopes-for-an-interest-rate-cut
ACCC calls for stronger protection laws as more fires are being sparked by lithium-ion batteries.Lithium batteries can explode in circumstances including ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ACCC calls for stronger protection laws as more fires are being sparked by lithium-ion batteries
abc.net.au/news/2024-04-24/lithium-ion-battery-laws-in-queensland-risk-fires/103753436
ACCC takes GLAD-bag manufacturer to court over 'ocean plastic' claims: Australia's competition watchdog has taken the manufacturer of GLAD bags to court ...
9news.com.au/national/australian-competition-and-consumer-commission-initiates-federal-court-proceedings-against-glad-bag-manufacturer-clorox-australia-over-ocean-plastic-claims/f9ffd838-9d71-4570-9e6b-94ed387fbc02
SA media companies turn to access to information law to hold tech giants to account
dailymaverick.co.za/article/2024-04-22-sa-media-companies-turn-to-access-to-information-law-to-hold-tech-giants-to-account/
Jim Chalmers says Labor has returned 88 per cent of revenue upgrades to the budget, compared to 40 per cent under the Coalition. Is that correct?
abc.net.au/news/2024-04-23/fact-check-revenue-upgrades-budget-savings-surplus/103745224
Price labelling from Australia's big supermarket chains has been deemed "confusing at best" by consumer watchdog CHOICE ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
‘Prices dropped’: supermarket discount labels are confusing shoppers, Choice tells ACCC inquiry
theguardian.com/australia-news/2024/apr/23/choice-accc-supermarkets-confusing-discount-labels-woolworths-coles-aldi-senate-inquiry
Consumer watchdog refuses to certify green labelling scheme: The ACCC has not certified a key federal government program used by more than 500 companies to ...
theage.com.au/business/the-economy/consumer-watchdog-refuses-to-certify-green-labelling-scheme-20240422-p5flq3.html
Stock Market Today: Dow, S&P Live Updates for April 17: Stocks in Asia were set for a mixed open following hawkish comments by Jerome Powell that helped fuel a ...
bloomberg.com/news/articles/2024-04-16/stock-market-today-dow-s-p-live-updates
The ACCC will be hauled in front of a senate inquiry today, to explain how and to what extent consumers are being misled into buying so-called 'sustainable' ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Uber is winning the rideshare war, but our addiction to the app may backfire: Despite years of controversy and frustration, Australians can’t seem to get enough ...
theage.com.au/national/uber-is-winning-the-rideshare-war-but-our-addiction-to-the-app-may-backfire-20240418-p5fkqv.html
Australia's cash availability crisis creating an NZ monopoly: Hit by low demand for physical money, Australian cash-in-transit giant Armaguard is selling ...
newsroom.co.nz/2024/04/17/australias-cash-availability-crisis-is-creating-a-nz-monopoly/
Asian shares mixed as Fed's Powell rethinks rate cuts, yields jump: Asian shares were mixed on Wednesday as the world's most powerful central banker had a change ...
reuters.com/markets/global-markets-wrapup-1-2024-04-17/
Build-to-rent ups pressure for law reform to underpin new housing: Build-to-rent developers and industry policymakers are applying the blow torch on all layers ...
smh.com.au/business/companies/build-to-rent-ups-pressure-for-law-reform-to-underpin-new-housing-20240418-p5fkxo.html
Asian stocks rise as yen, won begin to reverse dip: markets wrap: Stocks in Asia rose on Thursday as pushback from authorities against a stronger dollar helped ...
dailymaverick.co.za/article/2024-04-18-asian-stocks-rise-as-yen-won-begin-to-reverse-dip-markets-wrap/
Bad news if your home has one of these: One of Australia’s largest smoke alarm companies left hundreds of thousands of documents containing sensitive customer ...
news.com.au/technology/online/security/homeowners-urged-to-be-vigilant-for-scams-after-shocking-data-breach-at-major-smoke-alarm-provider/news-story/d78807173d75731099a60b23206cde85
Couple loses $800k to rising scam method: Australians have been warned to triple check their invoices amid a surge in payment redirection scams ...
news.com.au/technology/online/hacking/accc-warns-of-surge-in-payment-redirection-scams-as-aussies-lose-162-million/news-story/4ea72d928ac8bca0a7132bdb43850272
Australia's cash availability crisis creating an NZ monopoly: Hit by low demand for physical money, Australian cash-in-transit giant Armaguard is selling ...
newsroom.co.nz/2024/04/17/australias-cash-availability-crisis-is-creating-a-nz-monopoly/
Nightclub‘s ‘ridiculous’ sign slammed: A Melbourne CBD nightclub has been chastised over its “ridiculous” EFTPOS surcharge rate which more than doubles most ...
news.com.au/finance/business/retail/popular-melbourne-nightclub-brown-alley-criticised-over-alleged-five-per-cent-surcharge-on-all-transactions/news-story/99f710e21e9f860a9015d814f8385b1b
Biden to Host Japanese & Filipino Leaders as Nations Hold War Games in South China Sea
democracynow.org/2024/4/8/headlines/biden_to_host_japanese_filipino_leaders_as_nations_hold_war_games_in_south_china_sea
Quick Glance: Biden emphasizes US support for Philippines and Japan
- President Joe Biden reinforced the unwavering U.S. defense commitment to Pacific allies.
- The Philippines and China have faced repeated confrontations in the disputed South China Sea.
- The White House highlighted the significance of the first-ever trilateral summit with Japan and the Philippines as a response to China's attempts at "intimidation".
- The United States, the United Kingdom, and Japan announced joint military exercises in the Indo-Pacific for 2025.
The United States “will not accept” a situation where underpriced Chinese goods flood the global market, battering industries elsewhere ... Show more
US 'will not accept' flood of underpriced Chinese goods - Janet
US 'will not accept' flood of underpriced Chinese goods - Janet
Quick Glance: China and U.S. to Engage in Intensive Talks on Economic Balance
- US Treasury Secretary Janet Yellen announced intensive talks with China to address America's competitive disadvantages.
- Both sides will engage in intensive discussions on balanced economic growth and initiate exchanges on combating money laundering.
- Yellen emphasized the importance of addressing American concerns regarding overcapacity in Chinese production.
- The meetings will be held under existing economic and financial working group frameworks to address balanced growth and money laundering.
‘Fail’: Aussie destination is being ‘boycotted’: Hamilton Island is one of Australia’s most popular tourist spots having attracted the likes of celebrities ...
news.com.au/travel/travel-updates/travel-stories/aussie-hotspot-blasted-for-cashless-move/news-story/a2aa37cd6aed6f08b5c085dfab03185a
Whistleblower lifts the lid on Coles, Woolworths price gouging tactics: The bosses of Australia's biggest supermarkets are bound for Canberra set to appear ...
9news.com.au/national/whistleblower-lifts-the-lid-on-coles-woolworths-price-gouging-tactics/ead6b45f-4d20-44e9-8ae7-f0b3d85328f5
Treasurer warned of economic turmoil ahead of budget: Just four weeks out from the federal budget, Treasury has highlighted global economic headwinds and warned ...
theage.com.au/politics/federal/treasurer-warned-of-economic-turmoil-ahead-of-budget-20240413-p5fjjg.html
Big W vacuum recalled over fire hazard fears: The vacuum was sold at online and in-person Big W stores between March 15 2022 and October 11 2023.
9news.com.au/national/big-w-vacuum-recalled-over-fire-hazard-fears/06abae94-3e4b-4321-8ad6-b42332d334f4
Australia News Today: Airline disruption, Bondi stabbings, green manufacturing: Good morning and welcome back, it’s Ainsley here with all the news you need to ...
bloomberg.com/news/newsletters/2024-04-14/australia-news-today-airline-disruption-bondi-stabbings-green-manufacturing
Australian victim of fraud syndicate advertising on Facebook on a mission to stop others being burned
abc.net.au/news/2024-04-15/australians-falling-for-facebook-fake-ads-online-trading-scams/103640678
Suppliers swamped with deals as supermarket grace period ends: One supplier told Newsroom it was handling 'dozens and dozens' of varying agreements in ...
newsroom.co.nz/2024/04/11/suppliers-swamped-with-deals-as-supermarket-grace-period-ends/
What if Facebook had to provide a certain number of news posts in the feed of its users?
This is the question being floated by former ACCC Chair Rod Sims to ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Fears new merger laws ‘could be costly’ for smaller firms: The proposed reforms will make it harder for deals to go ahead in markets dominated by a handful of ...
theage.com.au/business/companies/concern-new-merger-laws-could-be-costly-reduce-transparency-20240410-p5fip2.html
The Japanese yen struggles amid rising US treasury yields: Report : The dollar showed cautious trading on Tuesday, failing to gain significant momentum from an ...
wionews.com/business-economy/yen-struggles-amid-rising-us-treasury-yields-report-709276
Quick Glance: Dollar Stagnates Despite Rising US Treasury Yields
- The dollar displayed hesitation on Tuesday as it did not receive significant support from the increase in U.S. Treasury yields, maintaining pressure on the yen near multi-decade lows and keeping traders vigilant for potential interventions.
- The greenback rose by 0.03% to 151.87 yen, near a 34-year high of 151.975 yen from the previous month, while Japanese officials intensified efforts to defend the currency.
- Despite the uptick in U.S. Treasury yields, the dollar failed to garner substantial backing as traders reevaluate their outlook on the pace and extent of Federal Reserve interest rate cuts anticipated in the latter part of this year.
- The robustness observed in commodity prices appears indicative of - one could almost label it as - a global reflation trade. In other developments, the Aussie declined by 0.01% to $0.6604, and the Chinese yuan was positioned at 7.2437 per dollar in the offshore market.
Political rhetoric on supermarkets went further than mandatory code: The first of an array of inquiries aimed at promoting competition has arrived and raised ...
smh.com.au/politics/federal/political-rhetoric-on-supermarkets-went-further-than-mandatory-code-20240407-p5fhyk.html
Quick Glance: Report Recommends Stricter Rules for Supermarkets and Higher Penalties for Violations
- Recommendation to introduce a mandatory code of conduct for supermarkets
- Companies should face financial penalties of up to A$10 million or 10% of revenue for non-compliance
- No endorsement of granting regulatory powers to break up large supermarket chains
- Proposal for tougher rules and higher penalties for supermarkets in report
Australia's competition watchdog, the ACCC, will be given far stronger powers to prevent companies making repeated under-the-radar acquisitions that could harm ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Costly childcare’s a slippery slope. So why haven’t we learnt?: The faults in Australia’s childcare model have been obvious for years. It’s time for a sweeping ...
smh.com.au/business/the-economy/costly-childcare-s-a-slippery-slope-so-why-haven-t-we-learnt-20240409-p5fify.html
Australia tightens ‘hit and miss’ merger rules amid fears of reduced competition: Treasurer Jim Chalmers warns economy is not ‘competitive enough as it stands’
ft.com/content/1656c220-198f-46a9-854b-0e298d276a19
Supermarket prices under pressure in new grocery code: Treasurer Jim Chalmers said the government would reform competition rules for supermarkets to drive down ...
theage.com.au/politics/federal/supermarket-prices-under-pressure-in-new-grocery-code-20240408-p5fi39.html
Five Things You Need to Know to Start Your Day: Asia: Yellen to wrap up four-day China trip. Oil heads for $100 a barrel. Chinese investment into Australia ...
bloomberg.com/news/newsletters/2024-04-07/five-things-you-need-to-know-to-start-your-day-asia
Australia has a high and rising level of market dominance by big firms and it's been costing us all
abc.net.au/news/2024-04-10/chalmers-accc-merger-laws-verrender-analysis/103691554
Weekly Forecast, April 5, 2024: US Treasury Forward Rates Shift Up 16-23 Basis Points
seekingalpha.com/article/4682683-weekly-forecast-april-5-2024-us-treasury-forward-rates-shift-up-16-23-basis-points
Paid articlePaid
Sick of extra fees online? It's drip pricing, and Canadian shoppers are fighting back
timescolonist.com/local-news/sick-of-extra-fees-online-its-drip-pricing-and-canadian-shoppers-are-fighting-back-8566353
Australia news LIVE: Supermarkets face huge fines after review; AUKUS could expand to include Japan
smh.com.au/national/australia-news-live-supermarkets-face-huge-fines-after-review-aukus-could-expand-to-include-japan-20240408-p5fi22.html
Australia News Today: Wall Street, Superannuation Funds, RBNZ, RBA: Happy Monday, everyone, it’s Ainslie here in a thankfully sunny Sydney with what you need to ...
bloomberg.com/news/newsletters/2024-04-07/australia-news-today-wall-street-superannuation-funds-rbnz-rba
What would Facebook look like without any news?: Last time Meta banned news, it removed the Facebook pages of charities, emergency services and hospitals ...
smh.com.au/technology/what-would-facebook-look-like-without-any-news-20240328-p5ffxc.html
Australia bumps NZ out of the top 10 happiest places: Australia has pushed New Zealand down a spot to become the 10th happiest country in the world ...
rnz.co.nz/news/national/512526/australia-bumps-nz-out-of-the-top-10-happiest-places
The fitness industry is calling on the federal government to offer tax incentives to help get more people exercising, including making corporate gym ... Show more
Tax-deductible gym memberships floated as an answer to Australia's preventable health woes - ABC News
Tax-deductible gym memberships floated as an answer to Australia's preventable health woes - ABC News
New NDIS taskforce to investigate providers overcharging disability participants: NDIS participants exploited by unfair price hikes can now report price gouging ...
abc.net.au/news/2024-03-24/accc-taskforce-launches-to-investigate-ndis-overcharging/103625488
Australia Post's letter price hike won't be opposed by consumer watchdog: The ACCC has confirmed it will not oppose Australia Post's 25 per cent price ...
9news.com.au/national/accc-will-not-oppose-australia-post-letter-price-hike/c67f13ae-68ba-46f6-94bd-3f3f1d98ee35
US to praise India for making Russia oil price cap work: The G7 price cap on Russian oil shipments is cutting the revenue that Moscow has available to support ...
euractiv.com/section/energy-environment/news/us-to-praise-india-for-making-russia-oil-price-cap-work/
ATO chasing small business GST and income tax debts worth billions: Small business owners have collected billions of dollars in GST from their customers in ...
abc.net.au/news/2024-04-04/ato-chasing-small-business-gst-income-tax-debts-worth-billions/103662450
China is pumping out solar panels, creating global gut and tanking prices: US Treasury Secretary Janet Yellen is set to discuss industrial overcapacity with top ...
businessinsider.com/china-flood-solar-panel-cell-market-garden-fence-overcapacity-yellen-2024-4
Paid articlePaid Former RBA boss warns Australian living standards in firing line: Philip Lowe says the current tax system is hurting Australia’s productivity ...
theage.com.au/business/the-economy/former-rba-boss-warns-australian-living-standards-in-firing-line-20240404-p5fhgo.html
Coles drops prices on hundreds of items: Coles will lower the cost of more than 300 products across its meat, bakery and pantry categories in a cost-of-living ...
news.com.au/lifestyle/food/eat/coles-drops-prices-on-more-than-300-products-across-meat-bakery-and-pantry-goods/news-story/e26cc8186f6e36f8ea3236695789bb80
From dance instructors to boilermakers: Labor says non-compete clauses are holding back wages
theguardian.com/australia-news/2024/apr/04/labor-andrew-leigh-speech-franchise-business-non-compete-clauses-suppress-wages
Tech giants claiming as little as 5 per cent of their revenue is taxable: Apple, Google, Facebook and Microsoft earn billions of dollars a year in Australia ...
theage.com.au/politics/federal/some-tech-giants-claim-as-little-as-5-per-cent-of-their-earnings-are-taxable-20240321-p5fe6g.html
Australia poised for ‘inflection point’ of crypto demand — Kraken Aus MD: The growing adoption of cryptocurrency from institutions, stablecoins and asset ...
cointelegraph.com/news/australia-inflection-point-crypto-demand-kraken-australia-ceo
‘Too high’: Australia nearing crucial ‘peak’: ANALYSIS
news.com.au/finance/economy/australian-economy/simply-too-high-australia-nearing-crucial-immigration-peak/news-story/0ae04b6762adba6793c7f373170cd23f
The Opposition is threatening to break up the power of our major supermarkets, in a bid to get a better deal for consumers. #9News MORE: ACCC: Younger Aussies make sacrifices after spending one-quarter of income on groceries
New Zealand accuses China-backed hackers of cyberattacks on parliament: New Zealand and the Australian Government have echoed U.S. and British accusations of ...
cnbc.com/2024/03/26/australia-new-zealand-condemn-china-linked-cyberattacks.html
Younger Aussies make sacrifices after spending one-quarter of income on groceries
9news.com.au/national/accc-supermarket-prices-force-consumer-sacrifices/e31eb7d0-34b1-46c7-b973-6ec1d51ca516
Tech giants claiming as little as 5 per cent of their revenue is taxable: Apple, Google, Facebook and Microsoft earn billions of dollars a year in Australia ...
smh.com.au/politics/federal/some-tech-giants-claim-as-little-as-5-per-cent-of-their-earnings-are-taxable-20240321-p5fe6g.html
Greens’ supermarket-busting bill labelled ‘extreme’ by business, but has Liberal backer
smh.com.au/politics/federal/greens-supermarket-busting-bill-labelled-extreme-by-business-but-has-liberal-backer-20240324-p5fet0.html
Australian-owned banks can't explain 'persistently high profits', says Commerce Commission report
newsroom.co.nz/2024/03/21/commerce-commission-delivers-draft-report-on-personal-banking-competition/
‘Liar’: Comm Games exposed as $590m farce: A damning Auditor-General report has exposed Victoria’s Commonwealth Games debacle as one of the greatest blunders in ...
news.com.au/sport/commonwealth-games/commonwealth-games-report-exposes-590m-bombshell/news-story/87a24e877f42b228fac2b2216d2ba2d4
Australian-owned banks can't explain 'persistently high profits', says Commerce Commission report
newsroom.co.nz/2024/03/21/commerce-commission-delivers-draft-report-on-personal-banking-competition/
Urgent recall for popular Kmart pyjamas: One of Australia’s largest retail brands has issued an urgent recall for a popular boys’ sleepwear product over fears it ...
news.com.au/lifestyle/parenting/kids/kmart-recalls-dinosaur-twopiece-kidss-sleepwear-set-over-fire-safety-fears/news-story/6b42953a467f31d792aaf91e0b6c0990
Watchdog would get powers to ‘smash’ supermarket duopoly under Greens bill: The party will table a private senator’s bill this week to enable the ACCC to force ...
theguardian.com/australia-news/2024/mar/19/watchdog-would-get-powers-to-smash-supermarket-duopoly-under-greens-bill
The Nationals have thrown their support behind Greens legislation which would give regulators the power to break-up the supermarket duopoly ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Falling consumption of wine worldwide has hit Australia particularly hard as demand shrinks fastest for the cheaper reds that are its biggest product ... Show more
Australian farmers rip out millions of vines amid wine glut | Reuters
Australian farmers rip out millions of vines amid wine glut | Reuters
Stock Market Today: Dow, S&P Live Updates for April 17: Stocks in Asia were set for a mixed open following hawkish comments by Jerome Powell that helped fuel a ...
bloomberg.com/news/articles/2024-04-16/stock-market-today-dow-s-p-live-updates
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