The worst roads in NSW have been named and shamed after almost 30,000 people voted to rank them on their condition, congestion and safety. Pothole-ridden and car-clogged Parramatta Road at Auburn was rated the worst because of its condition and congestion, drawing almost 500 votes. The NRMA’s Rate Your Roads survey was launched at the end of last year and ...
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Famous businessman Dick Smith calls for government to tax rich Australians
One of the country’s wealthiest and most successful businessmen claims wealthy Australians “can and should” pay more tax, after the federal government announced people with more than $3 million in superannuation would lose tax concessions. Australians with more than $3 million in their superannuation accounts will now have their concessional tax rate doubled from July 1, 2025, in a move ...
Read More »RBA interest rates: Cash rate hits 3.6 per cent in 10th consecutive rate rise
Reserve Bank Governor Philip Lowe has issued a grim update on Australia’s battle with rampant inflation, after the RBA lifted rates for a tenth consecutive time to 3.6 per cent on Tuesday. The expected 25 basis rise was confirmed after the Reserve Bank board met on Tuesday afternoon, with the cash rate at its highest since June 2012. Mr Lowe ...
Read More »Wade Graham suspended four matches
Wade Graham says the bar has now been set for reckless high tackles as the Sharks veteran prepares to spend the next four weeks altering his technique after he was suspended for four matches at the NRL judiciary on Tuesday night. Graham was hit with a grade one reckless charge for a high shot on South Sydney’s Davvy Moale but ...
Read More »NRL teams Round 2: KFC SuperCoach teams analysis, rage traders put on notice
The Dolphins captured the hearts of the NRL community with their inaugural win over the Roosters and it appears they’ve also captured the hearts of KFC SuperCoaches. Backline stars Jamayne Isaako (first) and Hamiso Tabuai-Fidow (fourth) both sit in the most popular buys this week, but are KFC SuperCoaches jumping the gun? KFC SuperCoach editor Tom Sangster thinks so. Read ...
Read More »Lebanon banks ‘have no liquidity,’ says bank association secretary general
Lebanon’s commercial banks do not have enough liquidity to pay back depositors, the secretary general of the country’s banking association said on Wednesday in a letter that laid out the banks’ positions. The letter was signed by the Association of the Banks of Lebanon (ABL)’s Fadi Khalaf and served as the introduction to the ABL’s monthly report. Khalaf said it ...
Read More »Prime Minister Anthony Albanese slams big banks for increasing mortgage rates but not savings rates
Prime Minister Anthony Albanese has slammed Australian banks for failing to increase interest rates for savings accounts. On Tuesday the Reserve Bank of Australia increased the cash rate for the tenth consecutive time, with the 3.6 per cent rate being the highest since May 2012. Asked about his view on the big banks passing on rate increases for mortgages but ...
Read More »North Turramurra: Southern Cross Care aged care home ordered to address key compliance failures
A shocking report card has laid bare a string of compliance failures at one of the north shore’s largest aged care homes. The Aged Care Quality and Safety Commission has found Southern Cross Care North Turramurra Residential Aged Care was failing to maintain four compliance standards after an inspection of the 113-room facility in September. The audit report revealed the ...
Read More »Dead body found at Sawtell Memorial Rockpool near Coffs Harbour
A man’s body was recovered from the water at a popular rockpool on the Coffs Coast this morning. Just before 7 o’clock, emergency services were called to the Sawtell Memorial Rock Pool following reports of a body being located. A man’s body was recovered from the water. Caspian O’Donnell, a surf instructor, said the tragic incident highlights the fact that ...
Read More »Interest rates: Warning mortgage buffer spells trouble for homeowners and buyers
A chilling warning has been issued that some Australians could be “forced into selling their homes” after a regulator refused to budge on a key issue influencing bank’s interest rates decisions. The Australian Prudential Regulation Authority (APRA) has refused to lower its buffer and will continue to insist that banks add 3 per cent on top of the prevailing interest ...
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