Money news headlines

NSW Police will target the hidden wealth of senior underworld crime bosses with the establishment of a new task force aimed at seizing assets that fund "terrible" gang-related crimes across the state. 

The rapper's ring, inscribed in tribute to his fiancee, is now the most expensive hip-hop artifact ever sold at auction, Sotheby's said.

The children of Gina Rinehart have no claim over lucrative iron ore tenements and fraud allegations against their mother have no relevance, a court has been told.

Australia's financial ombudsman has been hit with an "unprecedented rise" in disputes, revealing the products burdening Aussies.

Inflation may be heading in the right direction but the bank will likely still consider another rise.

The effects of a dozen interest rate hikes since May 2022 are taking hold as Australia enters a period of 'disinflation'.

A single-level home in Sydney's north has increased in value by a whopping $500,000, after it sold for the second time in a year.

Weekly treats are a bottom priority for consumers but when it comes to kids and pets, they're top of the list.

As Spotify joins other streaming giants in increasing its monthly subscription fees, the amount Australians are forking out for on-demand viewing is continuing to rise.

New data has revealed a staggering number of Aussies are being exposed, as a new alert is issued for customers of two big brands.

The German sportswear company has taken orders for 4 million pairs after ugly anti-Semitism row.

Not everyone is doing it as tough as the average battler. 500 of the world's billionaires have grown their fortunes by over a trillion dollars.

A court battle over billions in iron ore riches is under way, as Australia's richest person Gina Rinehart defends her fortune amid a bitter legal dispute over her father's legacy.

Modco Residential entered voluntary administration on Monday.

Some households will get more than $1000 in relief from state and federal governments this year to help with their soaring power bills, thanks to new rebates.

The number of notes in circulation declined for the first time since dollars and cents were introduced in 1966.

Tasmania's economy is still leading the nation but NSW is gaining fast, according to a prominent quarterly economic report card.

The cost of living is adding up, but this week one set of numbers will matter the most.  

Costco Wholesale Australia has paid $33,000 in penalties after Australia's competition watchdog alleged it sold Canadian-imported lobsters labelled as Australian seafood.

The financial backers of Roberts-Smith's defamation action have been given more time to respond to subpoenas.

With the escalating price of virtually everything causing pain at the hip pocket, the announcement comes as no surprise to most.

Telstra is set to axe almost 500 jobs in a major cost cutting move aimed at "reshaping the business" to "remain competitive and efficient".

Kiwis are frying up possum as meat prices soar in the cost of living crisis, but food safety experts warn it could contain bacteria, TB or poison.

The notes have a paper texture and the security window has visible defects, having been glued on.

A ultra cheap rental listing in Wellington was removed over the weekend over concerns about whether it was compliant.

Australians lost more than $221 million in crypto scams last year, leaving the average victim stripped of $56,600.

Customers of one of Australia's biggest energy providers have been warned to expect "unwelcome news" in the coming weeks, in an ominous email sent out this morning.

While everyone might want an easy answer here about whether rates will rise or fall more under the reformed RBA, the reality isn't quite so simple.

New research reveals just how long you have to work to afford an average home loan repayment.

One of Australia's big four banks has been accused of cutting hundreds of Aussie jobs in favour of profits.

Police said "several" victims were told the bank worker would collect the cash from their home, claiming they would safeguard it from being stolen.

New data has revealed hundreds of thousands of Aussie households have been forced to surrender their beloved pets.

From mining magnates, to technology entrepreneurs and packaging company heiresses, here's the top 10.

Police say the man defrauded his clients in 'a bid to fund his lavish lifestyle and gambling habit'.

She crashed her council car in June last year shortly after a Zoom call with families of drink driving victims.

Australians had $40.3 billion on credit cards in May, with almost half of the debt accruing interest.

The state's first-ever rental commissioner starts work today on the mammoth task of creating a 'balanced' and 'fairer' market.

ABS data revealed household spending on discretionary goods and services - meaning non-essential items - was 0.6 per cent lower compared to May last year.

The couple, who occasionally played Lotto, sat on the slip for more than a week after learning they'd won a fortune.

The judge found the man at least "verbally struck" a deal.

Speculation about how to open a floor safe discovered during renovations, and what's inside, has been rife since the vault was discovered by tradies.

By now, it's pretty much a given that renting in any Australian capital city is going to cost you, but some far more so than others.

Some Australians are ditching their credit and debit cards this week in protest of what they say is an increasingly cashless society.

As mortgage holders breathe a sigh of relief in the wake of the rates pause, one man claims it's "not enough".

The Reserve Bank of Australia (RBA) has left interest rates on hold at 4.1 per cent, but has warned that more hikes will be needed to contain inflation.

A lawyer covertly recorded telling his co-conspirators theirs was "the biggest tax fraud in Australia's history" has been jailed for at least nine years for his discreditable conduct.

It's "unsurprising" that the reduction of work hours without a pay cut improved employees' wellbeing and boosted productivity, an Aussie business expert said.

The majority of the big banks are expecting a further 0.25 per cent to be added to the cash rate - but experts are split.

Bargain-hungry shoppers are being told to expect a flurry of big discount promotions over coming months as retailers battle it out for a dwindling pool of disposable income.

Essential workers are set to get a much-fought-for pay rise.