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Super changes ‘inevitable’: Treasury sec

Treasury Secretary Martin Parkinson says government changes to the age people can access their superannuation are "inevitable".

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Budget hits consumer confidence – ANZ

Tax hikes and government spending cuts in last week's federal budget have hit consumer confidence, a survey shows.

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Soft jobs market keeps rates on hold

The RBA has signalled the cash rate is on hold indefinitely, with the soft labour market keeping unemployment up and inflation under control.

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Super advocates urge caution on age access

Super advocates are urging the federal government to act cautiously if considering any changes to the age at which people access retirement savings

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TWE rejects $3.05 billion takeover proposal

Treasury Wine Estates has rejected a $3.05 billion takeover proposal and said it will cut jobs in order to spend more on marketing its brands.

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Spending to grow despite tough budget

Commonwealth Bank's latest business sales indicator shows a 1.6 per cent rise in spending in April, and that trend is expected to continue.

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