Business News

What's wrong with Australian mortgages? They're fixed for shareholders, not home owners

Written by Richard Holden, Professor of Economics, UNSW

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If you’re paying off a mortgage – or aspiring to – imagine if you didn’t have to worry so much about rising interest rates.

That’s already the reality for US home buyers. Unlike in Australia, most mortgages in the US have a fixed-interest rate, locked in for 30 years.

Instead of having to wait and see if...

AI companies want copyright exemptions – for NZ creatives, the market is their best protection
Getty ImagesRight now in the United States, there are dozens of pending lawsuits involving copyright claims against artificia…
How much money do you need to be happy? Here’s what the research says
Over the next decade, Elon Musk could become the world’s first trillionaire. The Tesla board recently proposed a US$1 t…
NZ First wants a compulsory KiwiSaver. Boosting the Super Fund is a better bet
Getty ImagesAn ageing population not saving fast enough for its retirement has been called a “timebomb” and a loo…
ANZ has been hit with a record $240 million fine. These lessons should have been learned years ago
ANZ Bank has agreed to pay a record fine of A$240 million after admitting to various forms of misconduct that occurred &ldquo…
This report measures our national wellbeing across five key areas. Health trends are not improving
In 2023, Treasurer Jim Chalmers announced the government would measure what matters to the wellbeing of Australians as a comp…
Private toll roads are supposed to save taxpayers’ money, but can have these hidden costs
If you’ve ever driven in Sydney, Melbourne or Brisbane, chances are you’ve used – or steered clear of &ndas…

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…

5 Reasons to Hire a Building Contract Lawyer Before Your Next Construction Project in Melbourne
If you're planning to build, renovate, or develop a property in Melbourne, you might be focusing on finding the right architect, builder, or project manager. But there’s one professional most…

What does the future of packaging look like post-pandemic?
Industry expert, Philip Weinman, takes a close look at the packaging industry and the leaps that need to be made. 2020 is fast becoming the year that no…
Why a Presilience mindset is crucial for thriving in the new normal
As we have now all experienced, the world we live in is truly Volatile, Uncertain, Complex and Ambiguous (VUCA) – from banking royal commissions, to bushfires and COVID-19, we have…
Former Xe.com CEO Simon Griffin announced as Car Next Door’s Chief Operating Officer
Peer to peer car sharing platform Car Next Door has appointed Simon Griffin as its Chief Operating Officer (COO). Mr Griffin has more than 13 years’ experience in…

Manny Shah: Is your business disappearing from Google? You’re not alone

Small business owners across Australia are panicking as their websites vanish from Google’s front pages overnight. According to Manny Shah, cofounde...

MR Roads named Queensland Finalist in the 2025 Telstra Best of Business Awards

MR Roads, co-founded by Daniel Mikus and James Rolph, has been announced as a Queensland finalist in the prestigious 2025 Telstra Best of Business...

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...