Reflecting a continued spike in orders for transportation equipment, the Commerce Department released a report on Tuesday showing an unexpected surge in new orders for U.S. manufactured durable goods in the month of May. The Commerce Department said durable goods orders shot up by 1.7 percent in May after jumping by an upwardly revised 1.2 percent in April. Economists had […]

Save articles for later Add articles to your saved list and come back to them any time. June 30 is just days away and tax is front of mind for many of us right now. Be particularly careful when doing your tax returns, as the tax office has developed some of the most sophisticated data-matching systems in the world. Their […]

Save articles for later Add articles to your saved list and come back to them any time. PwC Australia’s acting CEO says the embattled consulting firm will name all those involved in the tax leak scandal and warns of severe consequences as it nears the end of an internal investigation. “The investigation into the confidentiality matter is to be completed […]

Save articles for later Add articles to your saved list and come back to them any time. This article originally appeared in Refinery29 Australia. Welcome to Money Diaries, where we ask real people how they spend and save their money during a seven-day period, tracking every last dollar. Anyone can write a Money Diary! Want to see yours here? Here’s […]

Save articles for later Add articles to your saved list and come back to them any time. In these tight times, the managing director of AGL, at its latest investor briefing, imparted some helpful advice (alongside an announcement of a forecast doubling in profits next year). Damien Nicks said: “We are acutely aware of the impact on our customers in […]

Hornbach Baumarket AG (HBAPF.PK), a German operator of DIY stores and home improvement centers, on Friday posted a decline in earnings and sales for the first quarter, amidst strong headwinds due to adverse weather at the start of the key DIY and gardening season. In addition, the company has reaffirmed its fiscal 2024 adjusted EBIT and sales guidance. For the […]

The Swiss National Bank continued its policy tightening with yet another hike to its interest rates, but at a slower pace as expected, and signaled more such moves to counter the rising inflationary pressures. Switzerland’s central bank hiked its policy rate by 25 basis points to 1.75 percent on Thursday. The new rate applies from June 23. This was the […]

UK consumer prices logged a steady growth rather than a slowdown in May and core inflation accelerated further adding pressure on the Bank of England to raise the benchmark rate by half a percentage point. Consumer price inflation remained unchanged at 8.7 percent in May, the Office for National Statistics reported Wednesday. The rate was forecast to ease to 8.4 […]

Save articles for later Add articles to your saved list and come back to them any time. Among various initiatives in this year’s federal budget was a $1 billion low-interest loan scheme to help households make homes more energy efficient. The details are scarce, but there is no suggestion of any means testing being applied, so it would appear this […]