Australia and New Zealand

ASIC is seeking court orders to wind up Prospero Markets, which has links to major money laundering raids the regulator carried out last year. The AFP raids involved more than 240 AFP members and 92 specialist members executing 20…

Falling food costs. Plummeting house prices. Ongoing interest rate cuts.We wish?As ordinary Australians are being compelled by the Reserve Bank to cut back every aspect of their spending to reign in corporate profit-driven inflation,…

This month, the Albanese government has broken three records for poor economic management and declining living standards.The first of these records relates to Australia’s real household disposable income, which is arguably the single…

Cold hard cash is such a foreign concept to Generation Z they don’t even think it is “real” and instead see it like Monopoly money. Young people are heading online to share how they’ve had such little experience with cash that when they…

Pressure is growing on the federal government to explain the Voice referendum “wipe-out” and the $400 million poured “down the drain”. Tanya Plibersek appeared on Seven’s Sunrise on Monday morning where host Natalie Barr grilled…

Since the RBA began raising interest rates back in May last year, the issue of interest rates has rarely been out of the headlines. Not since the days of 17 per cent mortgage rates in the late 1980s and early 1990s has monetary policy…

Experts are divided on whether house prices will continue to take a battering in 2023 or if they will rise by up to 12 per cent as the threat of interest rate hikes dies down.The estimated total value of residential real estate decreased…

Australia’s housing market is hurtling headlong into a correction which could burst the property bubble.That’s according to a new report from the International Monetary Fund (IMF), released earlier this month.The research found that…

As mortgage rates continue to rise around the globe and are widely tipped to keep increasing into 2023, there are a great many analyses on how different nations may end up faring amid this challenging environment of higher interest rates…

It’s been more than a year since Australians were able to jump on a plane and enjoy an overseas holiday.But a new proposal, reportedly being considered by National Cabinet, is hoping to change that.The proposal would see fully vaccinated…