business
Australia ranks third-highest for median wealth globally, UBS data shows
Australia holds the third-highest median wealth globally at $306,074, pipped at the post by Luxembourg and Belgium. Source link
Government moves to shore up fertiliser supply with $160m plant loan
Ryowa Group has received a loan for its outback Queensland Phosphate Hill asset as the federal and state governments move to ramp up domestic fertiliser production capability. Source link
ASX edges up while shoe retailer Betts shuts stores — as it happened
The ASX ends up following a sea of red on Wall Street. Source link
As main street shops vanish, could they help solve housing shortages?
As businesses shut up shop in regional main streets, the government is weighing up whether they could help solve the housing crisis. Source link
XPeng electric vehicle owners still chasing $5k cashback months on
When Mustansir Milky took the leap and bought a new electric vehicle, he didn’t expect to have to fight to get the $5,000 cashback payment he was promised. Source link
Homeowners face tougher conditions than era of 17pc interest rates, analysis finds
Who had it tougher on housing? These stats may put the generational debate to bed. Source link
Karl Stefanovic to be dumped from radio show, defends 'legitimate interview'
Karl Stefanovic will be dumped from his new radio show amid fallout from his interview with Tommy Robinson, the ABC understands. Source link
South-east Qld water retailer backs down on planned price hike
A major south-east Queensland water retailer has backed down on a planned price hike, which left the government’s key cost-of-living measure in tatters. Source link
There's only one game in Australia to get ahead, and it's land ownership
If you’ve been wondering how and why Australian house prices spun out of control you’re not alone. One filmmaker was so depressed by it he went out and shot a documentary. Source link
Alcoa to buy South32's WA bauxite mine in $8b deal
American mining giant Alcoa is set to buy $8 billion worth of assets from Australia’s South32. Source link