ACT Budget Deficit Pressures Reach $1 Billion
The ACT government's 2026-27 budget is under significant pressure, with a projected deficit of $1 billion due to rising costs and reduced revenue.
Category : Business
ACT Stamp Duty Scrapped for First-Home Buyers
The ACT government has abolished stamp duty for first-home buyers starting July 2025, replacing it with a broad-based land tax to improve housing affordability and accessibility.
ACT Auditor General Unveils Key Audit Program
ACT Auditor-General Ajay Sharma has announced the 2025-26 audit program, focusing on government procurement, digital services, and climate change initiatives.
New Housing Finance Model Aims to Help Owner-Occupiers
Economist Saul Eslake proposes a new housing finance model targeting owner-occupiers, aiming to improve affordability and reduce investor dominance in the market.
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England's Kane Dependence: Tuchel Seeks More Goals
Amid fears of over-reliance on Harry Kane, Thomas Tuchel urges England's attackers to step up ahead of the 2026 World Cup. Key players like Bellingham, Rashford, and Saka need to contribute more goals.
Car finance payouts may be delayed by years, FCA warns
The FCA warns that legal challenges to its motor finance compensation scheme could delay payouts for three years and cost lenders an extra £6bn, as four parties challenge the regulator in court.
Amazon UK Gets £7.6m Tax Credit Despite Profit Surge
Amazon's main UK division received a £7.6m tax credit from HMRC despite pre-tax profits rising 26.5% to £355m. The company's five biggest UK divisions generated £32bn in revenues but paid just £39m in corporation tax.
Why Britain's Food Scene Is Suddenly Going Bust
Once a global gastronomic hotspot, the UK is now seeing a wave of Michelin-starred restaurant closures due to rising costs, taxes, and changing consumer habits.
Banks Pledged $906bn to Fossil Fuels in 2025
A new report reveals world's largest banks committed $906bn to fossil fuels in 2025, an 8% increase, with JPMorgan Chase leading at $58bn, undermining climate goals.
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Barbeques Galore Shuts 62 Stores, 500 Jobs Lost
Barbeques Galore will close 62 stores and cut 500 jobs after a rescue deal collapsed. The closures affect all states, with NSW hardest hit. Franchise stores remain open.
Budget Tax Incentives to Boost Housing Supply
The federal budget introduces new tax incentives aimed at increasing housing supply, including measures for build-to-rent projects and affordable housing investments.
Air passengers risking lives by grabbing bags and filming
Industry experts warn that passengers are increasingly endangering lives by retrieving hand luggage and filming during emergencies, suggesting fines may be necessary to deter such behavior.
Oporto Free Lunch Giveaway: 15,000 Meals in Perth
Oporto is giving away 15,000 free flame-grilled quarter chicken and chips meals in Perth on June 10 to celebrate Dia de Portugal. First 67 loyalty members at each store get the deal.
Barbeques Galore Collapses: All WA Stores to Close
Barbeques Galore enters receivership after rescue deal fails, closing 62 stores nationwide and putting 500 jobs at risk, including 14 in WA.
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BT Upgrade Blocks Calls to Elderly Aunt
An elderly woman has been unable to receive incoming calls for over two months after BT switched her to Digital Voice, despite more than 20 calls to the company.
EU steel quotas could destroy Ukraine industry, Metinvest warns
New EU limits on steel imports could destroy Ukraine's industry and deal a big blow to its budget as it defends against Russia, says Metinvest CEO.
Matosinhos: Porto's Gritty Neighbour Becomes a Cool Coastal Hotspot
Discover Matosinhos, once an industrial fishing town, now a vibrant coastal hotspot with retro seafood restaurants, art spaces, and landmark architecture by Álvaro Siza.
Virgin Australia Expands Pet-Friendly Flights to Adelaide
Virgin Australia is expanding its Pets in Cabin service to Adelaide, allowing small dogs and cats to fly between Adelaide, Melbourne, and the Gold Coast. The service costs $149 per pet.
ASX 200 Tumbles 1.46% as Global Stocks Hammered
The ASX 200 fell 125.70 points to 8499.40 in early trading, following a strong US jobs report that sparked fears of a Fed rate hike and hammered global stocks.
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Agent Defends AI-Enhanced Property Photos with Horses
A real estate agent defends using AI to add horses and stables to a Brisbane home's listing photos, as experts warn buyers to be vigilant against misleading digital alterations.
BIG W Toy Sale 2026: 50+ Best Deals on Toys, Tech, Gaming
BIG W's annual Toy Sale is here with over 1300 deals on toys, tech, gaming, and more. Save big on Nintendo, Lego, Barbie, and exclusive items. Shop now!
Northern UK Universities Partner with NHS for Innovation
Universities in Huddersfield and Manchester are collaborating with NHS trusts to drive medical innovation, create jobs, and boost local economies, offering a model for UK higher education.
50 Sales Now: Best Deals on Fashion, Tech, Home & More
Discover 50 live sales across fashion, beauty, tech, home, and travel. Score savings up to 70% off from top retailers like Myer, JB Hi-Fi, and more.
Big W Toy Sale: 1300+ Deals Start Christmas Shopping in June
The Big W Toy Sale in June marks the start of Christmas shopping for thousands of Australians. With over 1300 deals, free lay-by, and a price match promise, families can save big on toys, tech, and more.
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Chinese prefab housing can boost Australia's home building
Australia's housing crisis requires international solutions. The Chinese prefabricated housing industry, worth billions, can help improve productivity and meet the national housing target of 1.2 million new homes.
Auction Markets Slump to Pandemic-Era Lows
Auction clearance rates in Sydney and Melbourne hit pandemic-era lows, with experts warning of a winter chill in the property market. Clearance rates fell to 51.1% nationally, the lowest since COVID-19.
ABC boss says internal rift led to news chief's resignation
ABC managing director Hugh Marks says former news director Justin Stevens resigned after strategic disagreements, and confirms his successor was identified before his departure.
Housemate Refuses to Leave Unless All Move Out
An Australian tenant shares her frustration as her housemate refuses to move out unless both other tenants also leave, despite being asked due to unbearable behavior.
Virgin Australia Pet-Friendly Flights Reach Adelaide
Virgin Australia will launch pet-friendly flights from Adelaide to Melbourne and the Gold Coast from June 23, expanding its Pets in Cabin program after nearly 1,500 pets flew in eight months.
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Falling Auction Rates Worsen Conditions for First-Home Buyers
A former Treasury economist says falling auction clearance rates are worsening conditions for first-home buyers, despite government support schemes like the First Home Guarantee.
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