business

As the US crosses the $40 trillion mark it’s easy to look at dollar signs but ratio to GDP is more relevant, writes Ian Verrender. Source link

There are situations in which Australians can access their superannuation early, but there can consequences for their tax and Centrelink payments. Source link

Australia’s unemployment rate hits 4.5pc in July, the highest level in the post-COVID era, reducing the chance of another rate hike in September. Source link

The Queensland Strawberry Growers Association president condemns the operators of a former labour hire provider for deliberately falsifying documents and breaching workplace laws. Source link

The federal government says it has “acted decisively in the national interest” by propping up four privately-owned smelters in NSW, Queensland, Tasmania and SA. Now there is a call for it save the Kalgoorlie Nickel Smelter. Source link

Australia’s debt reaches $1 trillion as US debt passes $US40 trillion threshold. The ASX opens higher. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link

A Tongan mechanic, who came to Australia under a Pacific worker scheme, is stuck in visa limbo after suffering a workplace injury and experiencing homelessness and unemployment when the labour hire company he worked for collapsed. Source link

There are divergent views among business leaders, from migrant and non-migrant backgrounds, about the impact of planned immigration cuts and the types of migrants that should be allowed into Australia. Source link

An Australian e-learning website was used as a front for scammers selling fraudulent investments, an ABC investigation reveals. Source link

Three ships travelling through the contested Strait of Hormuz have been hit in recent days, according to British maritime officials, with casualties reported. Source link