Some small business owners who started companies after January 1 are being told by the tax office they might actually be ineligible for JobKeeper and will have to repay the money. The business owners, who have relied on the JobKeeper payments throughout the coronavirus pandemic, have been told they might have future payments suspended in […]

The coronavirus pandemic has proven to be volatile for stock markets but that volatility has attracted interest from investors new and old. So who doesn’t love a stock pick to mark the beginning of the new financial year? Brooke Corte asked three of Australia’s top stock pickers to share their Two Stocks in 60 Seconds. […]

10 postcodes covering 36 Melbourne suburbs will return to level three lockdown restrictions as the state takes drastic action in an attempt to handle its worsening coronavirus outbreak. Professor Warren Hogan, one of the country’s leading economists and a Professor at the UTS Business School, says the situation reflects poorly on the Victorian government and […]

Qantas’ decision to sack 6000 staff members and tap the market for $1.9 billion in fresh capital is a crystal clear sign that the COVID-19 crisis will continue bulldozing the global economy for a while yet. The global airline industry is constantly moving from crisis to crisis, although many would argue it has never faced […]

Treasurer Josh Frydenberg is pleased with Australia maintaining it’s triple-A credit rating. Australia is one of just 10 countries to retain its AAA credit rating through the global recession. Moody’s Investors Service is predicting the economy will produce positive growth next year. “I think this is a vote of confidence in Australia’s economy,” Mr Frydenberg […]

Graphic design start-up Canva is now the largest privately-owned company in Australia after raising $87 million in its latest round of funding, giving it a paper value of $8.77 billion. The valuation sees CEO Melanie Perkins, co-founded the company with her fiance Cliff Obrecht, become Australia’s third-richest woman, with the couple’s 30% stake wealth estimated […]