Homeowners exhale: RBA leaves cash rate on hold

The RBA has chosen to leave the official cash rate on hold for July at 4.10%, saying its strategy to increase rates 12 times in 13 months is working. Key Takeaways Australian homeowners have breathed a collective sigh of relief at the Reserve Bank of Australia’s decision this afternoon to maintain the official cash rate […]

Meet the change makers in Australia’s booming multi-million-dollar medicinal cannabis industry

Lisa Nguyen has been called everything from a drug dealer to a “crazy woman” since launching the country’s first female-led medicinal cannabis business. The skepticism has been worth it as the industry grows and more patients have legal access to medicinal, doctor-prescribed cannabis, she says. Subscribe to Forbes Australia for full access to this and […]

Who is Hamish Harding? Billionaire adventurer missing on Titanic tourist sub

Five people, including billionaire Hamish Harding, are missing after a small tourist submersible vanished somewhere around the Titanic wreckage. A small submersible, that is around the size of a minivan, and costs $US250,000 per ride has gone missing around the wreck of the infamous Titanic. The vessel, owned by OceanGate, is operated by a single […]

Taylor Swift is coming Down Under! Here’s what we know so far

Taylor Swift has announced she is bringing her latest show, The Eras Tour, down under in 2024. Her fans, and the ticket agencies, couldn’t be more excited. Australian Taylor Swift fans have flooded the internet this morning with news that American songwriter and performer, Taylor Swift, will bring her iconic “The Eras Tour” down under, […]

Olaplex scientist’s bid to disrupt billion-dollar hair care industry

Materials scientist and beauty icon, Dr Eric Pressly, was just 30 when he helped to create the world’s most famous hair-bonding product, Olaplex. Now he’s started his own brand, epres Hair Care, and it’s set to disrupt the multi-billion care industry. Hair products were never part of the career plan for materials scientist, Dr Eric […]

Reserve Bank Governor Philip Lowe Appears Before House Economics Committee

RBA increases cash rate for twelfth time in 13 months, AUD rises

The Reserve Bank of Australia (RBA) has increased the official cash rate target by 25 basis points to 4.10%, marking the twelfth increase in 13 months and taking rates to the highest level in 11 years. It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4%. Key Takeaways […]

Qantas heads back to New York with luxury collaborations

Qantas is partnering with Australian fashion designer, Rebecca Vallance, to provide business-class passengers with limited-edition designer PJs and amenity bags. After a long, three-year absence, Qantas Airways will again offer its popular Sydney to New York flights on June 14 – but this time with a hint of luxury. The airline has partnered with luxury […]