News

Independent Senator Nick Xenophon is refusing to support the Federal Government’s proposed changes to private health insurance.

Consumers are expected to be hit by rising grocery prices under the government’s proposed emissions trading scheme.

Reserve Bank governor Glenn Stevens has warned home buyers and home owners that interest rates will begin to rise as the economy starts to strengthen.

Web promotions company uSocial.net is in hot water after Twitter moved to shut them down, claiming the advertising agency was “spamming.”

First home buyers are being squeezed out by six of Australia’s nine major banks, as they move to tighten the amount of money they lend to first home buyers, reports the Sydney Morning Herald.

Babcock and Brown directors may have breached their duties and corporations law by operating whilst insolvent, reports The Australian.

Criminals have found newer and more sophisticated ways to steal credit card information, using new technology to scan credit card chips from up to a metre away and use the details to rip off cardholders, reports news.com.au.

There are reports the Rudd Government will consider separating its renewable energy targets and emissions trading scheme bills after the Senate rejected the scheme, amid fears green jobs are at risk.

It appears there will be no relief for renters over the next year, with prices set to remain high, according to housing professionals.

An Australian recruitment company has come under fire from the ACCC, after they admitted they misled job seekers about training and jobs.

Latest ABS statistics have revealed average weekly ordinary time earnings for full time employees rose by 1.2 percent in the three months to May.

Telecommunication giants Optus and Telstra have both posted profits over 10 percent for 2008-09, off the back of the iPhone success.

Recruitment companies are really feeling the pinch in the downturn, after human resources group Talent2 International Ltd recorded an annual net loss of $7.6 million.

Skype has announced the winners of the first Skype for Business Competition.

The Senate has rejected the Government’s Emissions Trading Scheme (ETS).

Peak business group Ai Group has accused the new workplace regulator Fair Work Australia of abusing its power when it comes to workplace agreements.

Frontier Economics’ alternative Emissions Trading Scheme (ETS) will benefit small businesses more so than the Government’s proposed scheme says Shadow Small Business Minister Steven Ciobo.

The Australian Tax Office is helping small businesses get tax ready, by developing an easy to use program which profiles a business to help them improve their tax related business practices.

Consumer confidence has hit a two-year high, jumping up by a further four percent in August.

Total hourly rates of pay, excluding bonuses, rose 0.8 percent in the June quarter, according to the latest ABS statistics.