News

ASIC probes failed $44B Firmus IPO over investor demand claims

Australia’s corporate regulator is examining the abandoned sharemarket listing of AI infrastructure company Firmus amid concerns about investor demand disclosures and potential conflicts of interest.

CommBank economists forecast November RBA interest rate hike as inflation risks build

CommBank economists now expect the RBA to lift the official cash rate to 4.85% next week as domestic and global inflation…

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Australians pause property plans amid market uncertainty

New Westpac research has found millions of Australians are delaying major property decisions as affordability, house…

NAB: Triple squeeze hits business confidence

A triple threat of higher interest rates, global uncertainty and elevated fuel and diesel costs is…

Cue and Veronika Maine to shut 26 stores as search for buyer continues

Australian fashion retailer Cue Clothing Co is closing a further 26 stores across its Cue and…

House prices to keep falling for another year: API survey

Australian dwelling prices could fall 8% to 11% from their March peak before beginning to recover…