House prices across Australia have risen overall for the first time since the start of COVID-19. Monthly data from CoreLogic shows that, as a collective average, the housing market experienced a 0.4 per cent rise in October. It follows month-on-month average declines since the pandemic started shaking the nation’s economy. “The numbers out today are quite remarkable,” CoreLogic head of ...

The Morrison government has hedged its bets further on the discovery of a coronavirus vaccine by investing in two more projects to secure another 50 million doses. As a result, Australia now has a stake in four vaccines with a combined total of 134 million dose, should any or all of them prove safe and effective. Prime Minister Scott Morrison ...

By: Lucy Macken One of the most expensive residences on the Point Piper waterfront, known as Edgewater, has been sold for an eye-watering $95 million. The incredible  five-storey property called Edgewater features a private jetty, tennis court, and huge terraces on each level overlooking Sydney Harbour. The deal is set to rank as the second highest residential sale nationwide when ...

By: Tom Rabe Unions have condemned a move by the NSW government to cut the public sector wage cap to 1.5 per cent but have ruled out industrial action during the coronavirus pandemic. In order to save billions of dollars following due to the COVID-19 economic crisis, the state cabinet agreed on Monday night to reduce the cap for public ...

Scott Morrison to map out overhaul of public service while Josh Frydenberg will promise banking changes before end of year The Morrison government will define its plans to reform the public sector by focusing on service delivery to middle Australians and set out a timetable for banking and financial sector reforms in two major speeches on Monday. Scott Morrison, speaking ...