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The Latest Breaking News from CommSec

Hope for end to wage theft as laws come into force

Criminal penalties for employers who deliberately underpay workers have come into effect, with hopes they will deter bosses from engaging in the practice.

AAP

New state emerges as nation's best-performing economy

Western Australia's economy is leading the nation, as the state tops CommSec's State of the States report for the first time in a decade.

AAP

New state emerges as nation's best-performing economy

Western Australia's economy is leading the nation, as the state tops CommSec's State of the States report for the first time in a decade.

AAP

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The areas holding the ACT back from economic leadership

The territory fell behind the rest of the nation in key metrics.

The Canberra Times

The surprise state topping Australia's economic ladder

South Australia has retained its title as the nation's top economy for the third consecutive time in CommSec's latest State of the States report.

AAP

South Australia tops economic leaderboard again

South Australia is the top-performing state economy for the second quarter running although Western Australia could overtake it in coming months.

AAP

South Australia nabs top spot in state economic ranking

Australian states are all facing economic headwinds but some are more resilient than others, with South Australia performing better than the rest.

AAP

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Strong competition as Vic economy ranked nation's best

Economic activity, retail spending and business investment has catapulted Victoria to best performing economy in the nation but it faces stiff competition.

AAP

Labor vows to ‘get to the bottom’ of robodebt – as it happened

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The Guardian - AU

ACT economy ranked second worst in the country

ACT leads nation on retail spending

The Canberra Times

ACT ranks second-last in economic performance: report

Canberra, however, led the nation on the value of home loans.

The Canberra Times

Tasmania regains top spot as best-performing economy, CommSec's State of the States report says

After one quarter in the sun, Queensland has been knocked off the top of CommSec's State of the States economic rankings, and overtaken by the island state, which now leads on three key indicators.

ABC News

Motorists to be stung at the pump over Easter

Motorists have been warned to shop around early to avoid paying above $2 a litre at the pump in the lead up to Easter long weekend.

The New Daily

Queensland's economy now the best-performing in the country, CommSec's State of the States report reveals

Strong interstate migration and jobs growth lifts Queensland to its first top ranking on the State of the States economic report, with South Australia ranking strong in construction and Victoria leading the nation on retail spending.

ABC News

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AAP

Mining, migration make Qld the top economy

The Sunshine State is the country's best-performing state economy for the first time in more than a decade of CommSec rankings.

AAP

Inflation tipped to peak in fresh data

Australians will get a pulse check on the rising costs of living when inflation figures for the December quarter drop.

ABC News

New data shows the economy is going to slow significantly over the coming two years

ABS and CommSec data shows there are already signs of a slowdown as average household spending goes up 15 per cent in the past five years.

AAP

CBA unit to pay $20m over excessive fees

Two stockbrokers, one owned by CBA, have been hit with penalties of over $27 million after "systematic" failures saw customers overcharged for almost a decade.

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The Canberra Times

ACT has slowest economic and population growth in country

ACT recorded the weakest annual economic growth, a report said.

AAP

Tasmania, Qld the top-performing states

Tasmania and Queensland have the best economic momentum in the country as NSW and Victoria slide down the rankings.

The New Daily

‘Good deal’: Petrol prices plunge to eight-month low before fuel tax sting

Australian petrol prices have plunged to an eight-month low over the past week, delivering much needed cost of living relief to motorists.

ABC News

Business fear of wage rise 'has no economic logic' after record profit, expert says

Last financial year's profits were the biggest in five years, but some businesses still say they can't afford to lift wages.

AAP

Company profits lift but caution prevails

A majority of Australian companies have lifted profits in the August earnings season but concerns over costs and a slowing economy weigh on the outlook.

The New Daily

Plunging petrol prices to deliver ‘considerable savings’ for motorists

Australian motorists are being urged to make the most of cheaper petrol after bowser prices eased further over the weekend, delivering much-needed relief.

The Canberra Times

ACT's strong housing investment ups economic ranking: Commsec

A new report has found the ACT has improved its economic performance.

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