Breaking news from Sydney, Australia and the world.
Coles, JB Hi-Fi hit records.Many self-funded retirees may be better off with entry-level alternative government funding or paying privately for services to help them live at home longer.The Federal Reserve's commitment to keep interest rates low has underscored the market's belief real rates will remain negative, pushing gold prices higher.If you've got less than $500,000 in super, you can make catch-up contributions, writes John Wasiliev, who seeks answers to your superannuation questions.Brisbane cosmetic surgeon – and former TV actor – Dr Ian Chinsee worried elective surgery bans spelled disaster for his business, so he ramped up his marketing.Google, Facebook, Apple and Amazon were all unconvincing when confronted by evidence of monopolistic behaviour, but irrelevant arguments about bias took up crucial time.With clear goals, even a downturn in the stock market can be used to advantage, with the right financial advice.Despite the popularity of robo-advice, there is a strong role in wealth management for financial advisers.Our clients invest with us because environmental and social issues and good corporate governance are important to them and they trust us to deliver on these fronts as well, writes Matt Patsky of Trillium Asset Management. An Ohio corruption case, if proven, shows just how toxic this can be.Local start-ups are preparing to line up against global tech giants to build a new claims systems for the NDIS.Prosecutors are pushing for a heavy jail sentence for the 37-year-old at the apex of the $100m Plutus tax fraud, dismissing his contributions to charity.The iron ore miner capped its perfect year with a stronger than expected export performance and vow to do it again next year.Fund managers expect volatility to continue as companies release results for the period ended June 30.A highly anticipated US senate grilling of the bosses of Facebook, Apple, Amazon and Google happened early today, as the companies were made to confront their actions.A Marrickville cafe, an inner city hotel and a Vietnamese restaurant are linked to further outbreaks in Sydney. Links to stories compiled by journalists in more than 50 ABC newsrooms around the country. Browse news and quotes for dozens of countries, or select a country for charting and quote data. Fortescue surges 4 per cent to record $17.55. Lower turn-off from the smaller national herd, and cattle being retained for restocking and herd rebuilding, will constrain beef production and exports over the short term. House prices in most Australian cities finish 2019 on a high, with national average dwelling prices lifting 1.1 per cent during December and by 2.3 per cent over the year, according to CoreLogic.
Activists have slammed the latest efforts at reform as not going far enough.Two ambitious backbenchers are taking on an industry feared and hated by big business: plaintiff law firms and their funders.The ATO is investigating hundreds of instances in which people may have wrongly dipped into their superannuation under the early release program, with the Prime Minister saying 'it's their money' and people should be able to use it as they please.Neither Scott Morrison nor Dan Andrews is prepared to be blamed for what they believe are the respective failings of the other.Haggerstone Island's exclusive clientele are more likely than ever to bump into cashed-up Sydneysiders.Australia's sovereign wealth fund will use JustCo space to accommodate about 85 staff members as part of its new digs on Collins Street.Compass Education was hit hard by the pandemic's effect on schools – which use its software – but the start-up also saw an opportunity to develop new products.While China's share of Australia's goods exports has been growing this year, so too has the United States'.The mining legend and former RBA board member has agreed to chair a Perth Mint joint venture aimed at cashing in on the need for supply chain integrity in the gold industry.The Australian sharemarket ends up 0.7 per cent as CSL and iron ore miners rally. Macquarie gains 0.8 per cent despite first quarter earnings warning. Stay on top of the changing Australian and global markets with our market summary page. Australia's deadliest day with 10 more COVID-19 deaths in Victoria, 459 new cases; NSW church cluster grows Camera Warehouse has the R5 listed at $10,499 AU.