ANZ, NAB cut house price forecasts to 2% fall
ANZ and NAB expect capital-city house prices to fall 2% in 2026, citing RBA rate rises, geopolitical risk and Budget changes to investor tax settings.
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Finance — Page 3
Latest in Finance
CGT shake-up draws investor pushback
Senate hearings examined the government's capital gains tax budget reforms, drawing pushback from super funds and businesses over indexation and a 30% tax.
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Sealed Super Mario Bros. cartridge fetches $3 million at auction
Sealed Super Mario Bros NES cartridge with original gloss sticker sold for $3 million at Heritage Auctions on June 12, a record that highlights grading.
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SpaceX IPO prices at $135, creating $1.77tn valuation
SpaceX priced its IPO at $135 on June 11, raising $75bn and valuing the firm at $1.77tn. Who bought, why some analysts worry, and 30-day watchpoint.
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SpaceX IPO priced at $1.75 trillion, $75bn raised
SpaceX priced its IPO at $135, valuing the company at $1.75 trillion and raising $75bn. Read how the fixed-price sale, retail allocation and overallotment affect market flows.
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Fund managers under 4% cash as SpaceX demand far exceeds planned supply
Cash on the sidelines is under 4% and reported demand for the SpaceX IPO dwarfed the planned $75bn sale. That mix could blunt a market sell-off in the short term.
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3 million prescriptions push GLP-1 pill race into Medicare
Wegovy hit 3 million US prescriptions, accelerating the GLP-1 pill race as Medicare will cover weight-loss drugs in 2026 and shift costs for millions.
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$40m gift meets 88,000-strong Big Freeze crowd
Quentin and Kylie Birt pledged $40m to FightMND as 88,000 fans at the MCG took part in Big Freeze, highlighting big philanthropy and grassroots fundraising for MND.
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Victoria Police ordered to pay $28,000 after pregnancy leak
VCAT ordered Victoria Police pay Joanna Adams $28,000 after finding they unlawfully disclosed her pregnancy, breaching the Health Records Act and Charter.
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30% minimum capital gains tax from July 2027 hits investors
From July 2027 a 30% minimum tax will apply to net capital gains, ending the 50% discount and limiting negative gearing to new homes. Senate vote next.
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Lululemon trims FY26 outlook, stock falls 10%
Lululemon beat Q1 revenue and EPS but cut fiscal 2026 sales and EPS guidance, pushing shares down about 10%. Management blamed product problems now.
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Honeywell Aerospace eyes $4.65bn EBIT ahead of Nasdaq listing
Honeywell Aerospace forecasts $4.65bn-$4.75bn adjusted EBIT and $1.0bn-$1.5bn H2 free cash flow ahead of its planned June 29 Nasdaq listing as HONA.
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3 min read
30% CGT minimum, Age Pension carved out
The government will impose a 30% minimum capital gains tax from 1 July 2027, exempting Age Pension recipients. What the change means for retirees and advisers.
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HPE stock jumps 30% as networking sales surge 148%
HPE stock jumped 30% after April-quarter results lifted revenue and guidance, as networking sales surged 148% and management accelerated long-term targets.
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$1,000 tax deduction: who wins and who loses
The Albanese government’s upcoming $1,000 tax deduction for work expenses aims to save taxpayers money but raises questions about who benefits most and
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Melbourne Fringe keeps 35 per cent cut, artists protest
Melbourne Fringe will keep a 35 per cent venue cut for its 2026 festival. An open letter with 580 signatories demanded a 30 per cent split and fee changes.
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Avoid 95% false positives when extracting stock tickers
Three-layer method to extract stock tickers with far fewer false positives. Pattern matching, SEC company_tickers.json validation and short context checks.
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163 diphtheria cases rose in NT before March alert
Leaked NT Health data show 163 diphtheria cases from Jan 2025 to May 2026, rising before the March 25 alert. Campaigns delivered 10,407 vaccine doses.
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4 min read
South Korea to tax crypto staking, lending at 22% from 2027
South Korea crypto tax set at 22%: staking and lending income will be taxed from 1 Jan 2027 above a KRW 2.5m exemption. NTS is drafting guidance.
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How to apply for the Age Pension through myGov in three steps
Apply for the Age Pension at 67 via myGov in 3 steps: prepare your documents, link Centrelink, then lodge your claim. Submit within 13 weeks to avoid expiry.
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21% surge shows how court rulings reshape meme stocks
Delaware court refusal of AMC's preferred-to-common conversion sent shares up 21%. Legal and capital-structure moves often spark retail-led trading swings.
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SEC Eyes Gun-Jumping Overhaul After 20 Years to Spur IPOs
SEC eyes gun-jumping changes after 20 years to loosen limits on issuer outreach and speed IPOs. Markets say enforcement timing will decide deals soon.
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AI scores SME loans: 23.2% default in training data
Dataset had 23.2% defaults for an AI that scores SME loans. We explain the 61 signals, class imbalance, label quality and limits of production models.
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Quantamental factors show large in-sample returns
Academic back-tests of a quantamental model on Chinese equities report large in-sample returns. Researchers urge open replication and out-of-sample tests.
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TFN at 14: three routes and 28-day wait
TFN at 14: three application routes for Australian residents, what ID the ATO accepts, and realistic timelines for Australia Post and paper lodgements.
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