Newly released data alleging more than 10,000 travellers entered Australia for non essential reasons in April this year has sparked renewed criticism of the Morrison government’s approach to international borders. More »   

Almost $7 billion of luxury property sold in the first quarter of this year, marking a record three months for the property segment. The capital gains have seen luxury apartments prices in Sydney jump by more than $300,000. More »   

Good morning all. 1. The vaccine situation continues to look worse for wear, to put it lightly. "A complete stuff up at all levels," might also cover it. Following Scott Morrison's announcement on Tuesday night that under-40s can access the AstraZeneca shot if they co...

The benchmark S&P/ASX200 index closed 25% higher over the 2020/2021 financial year, marking a new record after the coronavirus pandemic wreaked havoc nationwide. More »   

Australian employers listed 57.4% more job openings in May 2021 than in the pre-pandemic month of February 2020, the Australian Bureau of Statistics has revealed. More »   

Australian property prices rose 13.5% nationally over the last financial year. Darwin, Hobart and Canberra led the country, with prices in all three cities rising by about 20%. More »   

Runaway housing prices could pose a risk to Australia's longterm pandemic recovery, suggests a new report from the Bank of International Settlements. More »   

Australian rideshare drivers will miss out on crucial government support as four of Australia's capital cities face stay at home orders. In Sydney, which faces the longest lockdown, sole traders must turn over more than $75,000 a year in order to be eligible for $...

The number of people escaping capital cities to regional Australia has reached its highest level since 2018, as a trend kickstarted by the pandemic persists into its second year. More »   

The Australian Securities and Investment Commission (ASIC) is seeking input on rules which could see cryptocurrency exchange traded funds hit the ASX for the first time. More »   

Good morning. 1. Big corporates including banks, large mining companies and others will be asked to vaccinate their staff later in the year, as the rollout finally picks up pace. Australia currently lags behind other developed countries in vaccination, and state leade...

Major players in Australia's finance and resource sector will be permitted to vaccinate staff against COVID-19, according to the new rollout tsar. Lieutenant-General John Frewen told The Age that private enterprise has expressed a strong desire to vaccinate workers...

Honey Birdette has been sold to the company behind Playboy magazine in a $US333 million ($443 million) deal set to rapidly grow the Australian lingerie chain’s international presence. More »   

New survey data from Finder shows property buyer sentiment has plummeted in the past six months, off the back of a housing price surge that has impacted almost every part of the country. More »   

Australia’s wealthiest property owners have capitalised on Sydney’s hot property market, with recorded profits of up to $6 million on houses bought and sold within as little as 12 months. More »   

There has been a surge in Australian businesses offshoring work to Southeast Asia during the pandemic. As international borders remain closed and skill shortages worsen, local companies are increasingly filling positions with workers from the Philippines and Vietn...

Nearly one in five Australian households would have struggled to raise $2,000 for an important expense in the middle of 2020, says a new Australian Bureau of Statistics report. More »   

Hello all. As always, a few COVID-19 updates for you this fine morning. 1. The AstraZeneca shot is now available for all adults, Scott Morrison announced after a meeting of National Cabinet yesterday. A new indemnity scheme will allow GPs to recommend and administer t...

Australians under 40 will soon be permitted access to the AstraZeneca COVID-19 vaccine, if they first discuss the potential side effects with their GP. More »   

Last week, two cannabis companies with significant international footprints made major moves in the Australian market. Since the import and sale of pharmaceutical-grade cannabis was legalised in 2016, companies have been negotiating strict TGA guidelines to enter what...

Australia's largest companies will be required to be transparent about how they are managing climate change or risk losing institutional support, the Investor Group on Climate Change (IGCC) say. More »   

NSW businesses experiencing a drop in turnover because of the state's COVID-19 lockdowns will soon be eligible for state government grants of up to $10,000. More »   

The Federal Opposition has accused the Coalition of presenting a narrow view of Australia's long-term economic future in the latest Intergenerational Report. More »   

Foreign nationals bought up more than $55.8 billion worth of Australian property during the last financial year, down 33% as the pandemic shut the country's borders. More »   

Good morning to you all from the Sydney lockdown zone. 1. Sydney residents have been warned that the current coronavirus outbreak will get worse before it gets better. The city entered a two-week lockdown as of yesterday. "Given how contagious this strain of the virus...