Fortescue Metals Group is on track to record its best-ever year for iron ore exports as prices hit new record highs. The company shipped 42.3 million tonnes of iron ore in the third quarter alone. Fortescue CEO Elizabeth Gaines told Brooke Corte the strength of iron ore prices is underpinning their success. “Given what we’ve seen […]

Negotiations between Australia Post and independent producers are underway to solve the problem of transporting perishable goods. Small Business and Family Enterprise Ombudsman Bruce Billson told Deborah Knight thousands of Australia Post’s business customers would’ve been impacted by the service termination. The “problem-solving process” has begun, he said, with AusPost employing consultants to untangle state-by-state […]

Australia Post is facing backlash from independent producers after announcing it will stop delivering perishable items at the end of June. Pepe Saya Butter Company founder Pierre Issa told Deborah Knight they’ve given “absolutely no explanation as to why” a crucial service is being removed. The butter makers rely heavily on Australia Post, sending up […]

The JobSeeker coronavirus supplement will end from today, and recipients will get an extra $25 a week as part of a permanent increase. Mutual obligation requirements have also returned for everyone except people in flood-affected areas. Services Australia General Manager Hank Jongen answered your questions about the changes. Click PLAY below to hear the full […]

The post-pandemic housing boom could result in a 17% rise in national house prices, according to ANZ. ANZ CEO Shayne Elliott says the bank is seeing 20 to 30% more home loan applications than before COVID rattled the economy. To date, there has been little indication from regulators that any intervention is necessary to slow […]

Qantas CEO Alan Joyce is assuring customers a genuine 50 per cent reduction in current airfares will be passed on to Aussies. Consumers will be able to purchase half-price flights to select destinations on most airline websites from April 1. The government will subsidise half the price of about 800,000 plane tickets to destinations such […]