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Selling an investment property after retirement can be a great strategy to boost your spending money, but there are some risks. NewsWire / Max Mason-Hubers

financePremiumBig trap in mum and dad housing gift

As the housing market becomes increasingly unaffordable, some parents are considering giving the gift of a lifetime - but there are major risks.

Angie Raphael

Nine of 11 sectors on the ASX closed down on Friday. Photo: NewsWire/ Gaye Gerard

NewsPremiumASX tech sector plunges 5.1pc amid AI sell-off

AI fears from Wall Street have hammered Australian tech stocks and dragged the sharemarket down 1.39 per cent.

Blair Jackson

Australia Post has proposed another increase to its basic postage rate. NewsWire / Christian Gilles

NEWSPremiumAusPost’s big price move after $230m loss

Australia Post is moving to hike the price of a basic service for the second time in 12 months after a huge $230m loss.

Jessica Paul

Four of 11 sectors on the ASX finished in the green on Thursday. NewsWire / Nikki Short

NewsPremium‘Minefield’ day on ASX

A minefield of results this reporting season has slugged tech and healthcare stocks with large losses on Thursday.

Blair Jackson

Barbeques Galore has entered voluntary administration. Supplied

UPDATEDPremiumBarbeques Galore collapse rocks Australia

Australia’s largest barbecue and outdoor furniture retailer has gone bust, entering voluntary administration on Thursday.

Blair Jackson

Major banks were the big winners as the ASX surged close to an all-time record. Newswire

BREAKINGPremiumASX nears record high as banks net billions

The ASX200 has surged to a 50-day high of 9100 points as major banks deliver billion-dollar profits, pushing the market within striking distance of all-time records.

Alexander Britton

RBA governor Michele Bullock was questioned by Liberal senator Jane Hume on government spending. Supplied

UPDATEDPremium‘Nothing more to add’: RBA boss erupts

The RBA governor has reacted angrily after a Coalition senator accused her of gaslighting Australians on the state of the economy.

Joanne Williamson

Origin Energy's lower earnings for the 2025/26 first half were to be expected for the company. (Jono Searle/AAP PHOTOS)

FinancePremiumEnergy seller: network costs key factor in power bills

Origin Energy's bottom-line net profit for the half-year ended December 31 fell to $557 million, after revenue growth of nine per cent to $8 billion.

Kaaren Morrissey

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FinancePremiumTelstra to outsource hundreds of jobs

Telstra has announced plans to axe another 650 jobs just eight months after cutting 550 roles, with work being outsourced to India.

Blair Jackson

Stokes family-controlled SGH and a US firm have tried to buy BlueScope Steel without success. (Dean Lewins/AAP PHOTOS)

FinancePremiumBlueScope predator is comfortable about moving on

The Stokes family-controlled SGH says it has delivered a strong first-half result, and signalled its not for turning on its rejected BlueScope takeover bid.

Staff Writers

Commonwealth Bank has released its half-year profits. NewsWire / John Gass

UPDATEDPremiumCBA’s $5.4bn bonanza amid mortgage hell

Australia’s biggest bank has reported a whopping $5.4bn profit in its half-year results, crediting growth in two key areas.

Alexandra Feiam

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FINANCEPremiumUS app hammers ASX insurance shares

Australian insurance giants have suffered their worst day in months as AI disruption fears triggered by a US app launch wiped sparked sharp sell offs.

Blair Jackson

A shopping centre owner has filled most of the vacancies left after a fashion retailer collapsed. (Lukas Coch/AAP PHOTOS)

FinancePremiumShopping mall owner bounces back as vacancies fill up

Suburban shopping centre mall operator Regions Group says it has filled most of the vacancies left from the liquidation of Mosaic Brands.

Derek Rose

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MarketsPremiumASX rebounds to strongest day since April

The Australian sharemarket has rebounded for its biggest gains since Donald Trump’s ‘liberation day’ tariff announcements.

Blair Jackson

CAR Group, which operates Carsales.com, has posted double-digit revenue and earnings growth. (Darren England/AAP PHOTOS)

FinancePremiumCarsales.com owner sees big potential in driving AI use

Vehicle sales platform CAR Group says it's using AI to let consumers browse for new vehicles using conversational voice search, after posting a rise in profit.

Derek Rose

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News‘Survival’: Grim work trend hits Australia

As the cost-of-living crisis continues its grip on Australian households, millions are searching for ways to survive.

Alexandra Feiam

The ASX has had a roaring start to the week’s trading. NewsWire / Max Mason-Hubers

breakingPremiumASX’s shock $44bn bounce-back

Trading on the ASX has opened with a roaring start after a rebound on Wall Street overnight.

Joseph Olbrycht-Palmer

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BUSINESSCelebrity jeweller’s advice as gold soars

Gold prices have surged 70 per cent in the past year, with a high-profile Aussie jeweller advising buyers to do this one thing.

Cameron Micallef

Treasurer Jim Chalmers described the cut as a “very welcome decision” that would benefit millions of mortgage holders.

opinion
opinion
Ben HarveyCommentsPremium
opinion
The RBA’s inflation fix is too hard for lazy Aussies

After months of mixed messages, RBA chief Michele Bullock has finally pointed the finger, accusing Jim Chalmers’ big-spending government of fuelling the price surge that’s forcing rate hikes.

Ben Harvey

Ben Harvey

Luxury Australian retailer Cosette is closing down. supplied

NEWSMajor luxury retailer to shut down in Aus

A luxury Sydney retailer has made the shock announcement that it will soon close its operations after more than a decade.

Cameron Micallef

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FinancePremium‘Rebuild’: RBA’s insane reno blowout

The troubled renovation of the Reserve Bank’s Sydney headquarters could last years, as asbestos forces the effective demolition of the building.

Cameron Micallef

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UPDATED‘Contagious’: Aus markets implode in chaos

The Australian sharemarket has suffered its biggest plunge since the Liberation Day tariffs sell-off in a broad market drop.

Cameron Micallef

REA group has seen a six per cent fall in its digital property listings, with more drops predicted. (James Ross/AAP PHOTOS)

FinancePremiumProperty website's listings fall, shares tumble

Realestate.com.au owner REA group has grown its first half revenue and profit, despite a six per cent fall in its digital property listings.

Derek Rose

Atlassian's Nasdaq-listed shares have dropped 6.3 per cent to their lowest level in seven years. (Rounak Amini/AAP PHOTOS)

FinancePremiumTech giant's shares slide after 'software-mageddon'

Shares in Atlassian, Australia's biggest tech company, have fallen to the lowest level since early 2019 amid a huge rout in the software-as-a-service sector.

Derek Rose