Australians need an annual salary of nearly $350,000 a year to “feel rich”, new research finds, with the aspirational salary multiple times the pay of the average Aussie.

A privately held coal company has fallen into administration just months after it restarted operations at a mothballed mine, putting about 300 jobs at risk.

Cutting immigration to combat the country's housing shortage is shortsighted and risks wage and productivity growth, according to KPMG Australia Chief Economist Brendan Rynne. The government is planning to bring in record high levels of immigrants to Australia. Skilled migrants have the potentia...

Wayward Brewing is in administration with $2 million of debt and its founder has warned it’s unlikely to be the last craft brewer to hit financial trouble.

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