6+ day, 14+ hour ago   (972+ words) Cutting tobacco tax won’t stamp out the illicit trade. Researchers explain how other countries tackled the problem while keeping taxes high. The proposal sounds appealing but is deeply flawed. Australia’s high tobacco tax undeniably makes untaxed sales profitable. Yet this…...

1+ week, 4+ day ago   (368+ words) By Noah Secomb in Canberra Australia’s biggest telecommunications provider has been hit with a $277,000 fine for failing to protect its customers from scams. An investigation by the Australian Communications and Media Authority found Telstra did not carry out required identity…...

1+ week, 5+ day ago   (470+ words) By Noah Secomb in Canberra Tens of thousands of dollars could be slashed from home values in all capital cities in coming months, but the federal government says there is no reason to panic. Commonwealth Bank has reported a “faster…...

3+ week, 5+ day ago   (686+ words) By Jacob Shteyman in Canberra Bans on cold-calling to sell superannuation products and new financial advice measures will strengthen Australia’s financial advice sector as it comes under attack from bad actors. Reforms to tackle predatory practices, announced by Assistant Treasurer…...