Business News

Too big to fail. The risks to Australian taxpayers from New Zealand banks

Written by Matthew Greenwood-Nimmo, Senior Lecturer in Economics, University of Melbourne

A decision of the New Zealand government means if a New Zealand bank goes belly up, Australian taxpayers could find themselves cleaning up the mess.Shutterstock

Australian banks have been under enormous scrutiny during the financial services royal commission, which reports on Friday. But one thing that hasn’t dominated the headlines is their...

With no easy options, RBA raises interest rates for the third time to quell inflation
The Reserve Bank of Australia (RBA) has lifted the official cash rate by another 25 basis points, the third hike this year as…
The Victorian budget is cleverly structured for an election. But is it too late to make a difference?
About a year and a half ago, Jaclyn Symes replaced Tim Pallas as Victorian treasurer, ending Pallas’ record-breaking te…
Job scams create hiring risk for Australian businesses
Job scams are no longer the obvious, poorly written emails many Australians were once taught to ignore. Today, they are polis…
NZ-India free trade deal: were early fears about immigration and investment justified?
Depending on which side of the argument you listen to, the recently signed New Zealand-India free trade agreement represents …
With a shrinking population, China needs new drivers of growth. Consumer spending has yet to fill the gap
China’s latest national accounts show the economy grew by about 5% through 2025 and into the first quarter of 2026, poi…
Chinese companies are increasingly taking on foreign governments. It’s not just the Port of Darwin
David Gray/GettyThe Chinese-owned firm that operates the Port of Darwin isn’t happy about the federal government’…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

A Practical Buyer’s Guide to Inspecting Older Queenslander Homes
Queenslander homes have a certain pull. High ceilings, timber details, wide verandas, and that unmistakable character you do not get from newer builds. But charm can sometimes mask complexity. Buying…

Memories. In 1961 Labor promised to boost the deficit to fight unemployment. The promise won
Arthur Caldwell almost defeated Robert Menzies in the poll in 1961, and won the debate about policy.National Archives, National Library of Australia, WikimediaLately, governments and oppositions have been obsessed with…
Woolworths and Coles sued by ACCC for allegedly misleading shoppers over the price of more than 500 products
At a time most people are trying to cut their weekly grocery bills, Australia’s supermarket giants have been hit with legal action for allegedly misleading shoppers over the price of…
Tips to have fun while you're bored
I'm bored! Sometimes the most adventures begin with this phrase, sometimes life changes, and sometimes it just becomes very pleasant to finally find what brings pleasure. And the size of…

“Time is running out to get Payday ready,” Brighter Super urges

Superannuation fund Brighter Super is encouraging business owners to prepare now for Payday Super, ahead of the new laws taking effect from 1 July...

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

PayNuts, one of Australia’s fastest-growing payment service providers, has unveiled a refreshed brand identity and an expanded suite of integrated b...

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement. Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems As Australian hospitality venues grapple with...

Too big to fail. The risks to Australian taxpayers from New Zealand banks

With no easy options, RBA raises interest rates for the third time to quell inflation

The Victorian budget is cleverly structured for an election. But is it too late to make a difference?

Job scams create hiring risk for Australian businesses

NZ-India free trade deal: were early fears about immigration and investment justified?

With a shrinking population, China needs new drivers of growth. Consumer spending has yet to fill the gap

Chinese companies are increasingly taking on foreign governments. It’s not just the Port of Darwin

Traditions of Rural Bali at Villa Sabana

A Practical Buyer’s Guide to Inspecting Older Queenslander Homes

Memories. In 1961 Labor promised to boost the deficit to fight unemployment. The promise won

Woolworths and Coles sued by ACCC for allegedly misleading shoppers over the price of more than 500 products

Tips to have fun while you're bored

“Time is running out to get Payday ready,” Brighter Super urges

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

The Rise of Mobile-First Venues

The risks of underinvesting in CX

Why Your Business Is Being Left In the Economic Dust: Nimble Risk Management During Uncertainty

How Contiki is Redefining Travel for Young Adventurers