Sydney construction firms will be driven out of business if the industry shutdown carries past July 30, concerned business owners say. Premier Gladys Berejiklian has signaled that construction will be allowed again from July 31. More »
The Greater Sydney lockdown looks like it will be extended beyond next week, as case numbers and community transmissions continue to climb. With two other states also under stay-at-home orders, one of the Commonwealth Bank's head economists has warned the economic impact will be much larger than first thought. More »
Zip has released its fourth quarter results, revealing it doubled revenue compared to the same quarter last year which was hit by the pandemic. While CEO Larry Diamond called them "another outstanding set of results", analysts were less confident, noting margins were declining and bad debts looked like they were on the rise. More »
Hello everyone. 1. The Olympics will return to Australia for a third time. Brisbane was announced as the host of the 2032 Games last night. "This is a very proud day for Australia, make no mistake," the Australian Olympic Committee president and IOC vice-president John Coates said. Hey, at least that means we've got a hard date on when international and interstate borders might be open. More »
Brisbane will host the 2032 Olympic and Paralympic Games, after International Olympic Committee delegates overwhelmingly voted for the city's bid on Wednesday night. More »
A combination of economic uncertainty sparked by the pandemic, higher earning power, and an explosion of finance content created by women has led to a surge of women turning to the stock market. More »
More than one million welfare recipients are being excluded from COVID-19 disaster payments, despite being locked down and financially vulnerable. More »
End of financial year sales failed to stave off the coronavirus blues in June, with retail trade falling 1.8 per cent as lockdowns across Australia restricted movement and forced stores to temporarily close their doors. More »
Lockdowns that have placed almost 12 million Australians under stay-at-home orders have now hit the property market, new data shows. New figures out of REA show the number of new listings have fallen in five capital cities. More »
Luxury properties in Sydney are expected to experience the highest level price growth in the world over the next two years. Estate agency Frank Knight has forecast that sales in the top 5% of the market will grow by 10% this year and 7% next year, outstripping other global cities like New York and Paris. More »
