Cash
The Block rocked by home building crisis
The perfect storm of supply chain issues, material shortages, an employment squeeze and even the invasion of Ukraine is the greatest threat to the completion of the TV renovation series in its history.
- by Stephen Brook
Latest
Analysis
Interest rates
Three of big four banks pass on official rate rise to savers
Australia’s biggest bank, the Commonwealth, is yet to follow the other big three in passing on the 0.25 percentage point increase in official interest rates to savers.
- by John Collett
Huge cash piles set to keep M&A boom rolling
Australia’s mergers and acquisitions boom is set to roll on as major corporates deal with massive cash piles that have swollen further while they generated strong-than-expected profits in the first half of this year.Â
- by Patrick Hatch
Analysis
Please Explain podcast
On the ground in Lebanon: a country in crisis
Today on Please Explain, Europe correspondent Bevan Shields joins Nathanael Cooper to look at what led the country to this point and what life is like there.
- by Nathanael Cooper
A country running on empty: Lebanon suffers medicine, fuel shortages
Despite an outpouring of humanitarian aid and political assistance after the Beirut port explosion, Lebanon’s economic crisis has only intensified.
- by Abbir Dib
Biden banks on $US3.6 trillion tax hike for the rich
If approved the plan, part of Biden’s $6 trillion budget for 2022, will raise taxes on high-income earners and corporations.
- by Alan Rappeport
Federal Budget 2021: What’s in it for Western Australia?
Increased GST, funding for telescopes and an iron ore bonanza. This is what the budget means for WA.
- by Hamish Hastie
Billions of dollars in extra savings are earning nothing
Mortgage offset accounts pay higher effective interest rates on savings than bank deposits.
- by John Collett
Europe’s recession shows it pays to unleash money on pandemic
Europe ended up in a pandemic-induced double-dip recession, the US economy grew 1.6 per cent. The difference? Cash mostly.
- by Peter S. Goodman
Coin converter honours pay cheque paid in pennies
Andreas Flaten’s former employer dumped more than 90,000 oil-covered pennies — equivalent to about $1180 — on his driveway.
- by Jeff Martin
Analysis
Payments
Forget toilet paper, pandemic panic leads to run on $50, $100 notes
Asset means-testing for various government social benefits partly to blame for stockpiling of banknotes.
- by John Collett