National unemployment rate hangs on at 3.5 per cent, fuelling fears Reserve Bank will keep hiking interest rates

National unemployment rate hangs on at 3.5 per cent, fuelling fears Reserve Bank will keep hiking interest rates

The resilience of the jobs market continues to beat expectations and keep pressure on the Reserve Bank to lift interest rates even further. The official labour force data showed the unemployment rate hanging on at 3.5 per cent in June, after the May result was revised down. WATCH VIDEO ABOVE: Latest job figures could mean … Read more

Bad news for alcohol drinkers as tax on spirits set to rise

Bad news for alcohol drinkers as tax on spirits set to rise

Drinkers are facing another hike in the cost of liquor, with Australia’s tax on spirits set to tip over the $100 per litre mark for the first time. Already paying some of the highest taxes on spirits in the world, Australians are being warned to expect further cost increases. WATCH VIDEO ABOVE: Bad news for … Read more

Lucid Aims To Debut $50k Competitors For Tesla Model 3, Model Y

Lucid Aims To Debut k Competitors For Tesla Model 3, Model Y

Last month American startup Lucid debuted the Gravity, its first entry in the hotly contested three-row SUV segment and an important model for the brand that currently only builds the Air luxury sedan. Speaking with Autocar in a new interview, Lucid CEO Peter Rawlinson says the company’s next focus is on two mainstream models that will … Read more

More people using Buy Now Pay Later services for essentials including food and petrol

More people using Buy Now Pay Later services for essentials including food and petrol

More people are being forced to use buy now pay later services to pay for basics such as food and petrol, as the cost of living and inflation continue to rise. A new survey of financial counsellors found more than 80 per cent said clients were using buy now pay later for general retail. However, … Read more

‘Ripped off’: The devastation left among Aussie venues after the Karen’s Diner’s collapse

‘Ripped off’: The devastation left among Aussie venues after the Karen’s Diner’s collapse

“Don’t get me started on Karen’s Diner … Karen’s Diner behaved like total Karens.” Andy Pobjoy, one of the owners of Piano Bar Geelong, has bitten his tongue until now about his experience working with Karen’s Diner. WATCH THE VIDEO ABOVE: Karen’s Diner closes three stores. Pobjoy is just one of the people involved in … Read more

This Is The Best Car Buying Advice From Jalopnik’s Own Car Buying Expert

This Is The Best Car Buying Advice From Jalopnik’s Own Car Buying Expert

Photo: Mario Tama/Getty Images (Getty Images) Photo: Tom McFarland The internet has changed the way cars are bought and sold. It’s now a lot easier to figure out who has the best deal on a new car, but used cars are more complex. A lot of buyers get frustrated when they run into walls asking … Read more

West Australian building company Modco Residential enters voluntary administration

West Australian building company Modco Residential enters voluntary administration

West Australian building company Modco Residential has entered voluntary administration, blaming rising costs and the media for its downfall. The WA building regulator, Building and Energy, warned the public to be “cautious” when dealing with the company because it had significant reason to believe it was under financial stress, with several court cases launched against … Read more

Ella Bache stores in Brisbane closed by franchisee, blaming ‘COVID impacts’

Ella Bache stores in Brisbane closed by franchisee, blaming ‘COVID impacts’

An Ella Bache franchisee says “COVID impacts” have contributed to her decision to close her stores. Roslyn Rudd announced the closure of her beauty therapy salon in Logan Hyperdome this month on Instagram, following her decision to shut her Toowong franchise in Brisbane in 2021 due to similar reasons. “To all our valued clients, we … Read more

ING removes international ATM operator fee rebate from August 1

ING removes international ATM operator fee rebate from August 1

Australian ING customers heading abroad will notice a change in the amount of money they get back in overseas fee refunds, as the bank scraps its international ATM operator fee rebates. ING announced earlier this year it would no longer be offering up to five rebates a month of international ATM operator fees from August … Read more

NAB bank increases fixed rates for the second time in a week ahead of Reserve Bank of Australia decision

NAB bank increases fixed rates for the second time in a week ahead of Reserve Bank of Australia decision

One of Australia’s biggest banks has increased its fixed rates for borrowers for the second time in just over a week. NAB on Friday announced it would increase the fixed rates for owner-occupiers and investors by up to 0.20 per cent. Those increases follow similar hikes last Friday, resulting in some rates increasing by up … Read more