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Volumes on Wall Street were relatively light on the last trading day of the week. (AP PHOTO)

MarketsPremiumWall Street ends lower as tariffs sour sentiment

US stocks have closed lower as investors digested the president's tariff announcement regarding Canada.

Noel Randewich and Pranav Kashyap

Am I better off drawing a lump sum from my super each year?

Your MoneyCommentsPremiumAm I better off drawing a lump sum from my super each year?

Q+A: Am I better off drawing a lump sum each year from the super fund, or transferring the money to a RI allocated pension — which converts super into a regular income — and then drawing from this account?

Nick Bruining

Funeral pre-payment has become big business for those in the funeral business.

Your MoneyCommentsPremiumHow to get Albanese to pay for your final send-off

Buried amongst a suite of changes to apply from July 1 is an increase in the amount of money you can pre-pay towards your funeral.

Nick Bruining

The only significant change to superannuation numbers that occurred on July 1 was a $100,000 increase in the transfer balance cap from $1.9 million to $2m. 

Nick BruiningCommentsPremiumThe big July 1 super change that affects your contributions

This change has the potential to affect how much you can contribute to super and how much ends up being completely tax free in retirement.

Nick Bruining

Penalties of 25 per cent to 75 per cent of the tax owed may apply for falsely claiming deductions. The more dishonest the claim, the higher the fine.

Honesty pays CommentsWhy cheating on your tax return is too big a risk to take

Penalties of 25 per cent to 75 per cent of the tax owed may apply for falsely claiming deductions. The more dishonest the claim, the higher the fine.

Robert B Whait and Connie Vitale 

P&N Bank says around one in 10 customers use post-pay services, with Gen Z some of the highest users. 

Debt TrapCommentsHow to save young Aussies from mounting debt as BNPL booms

Up against cost-of-living pressures, Gen Z and millennials are, concerningly, leaning heavily on low-cost credit models to support their spending.

Mark Smyth

Tech billionaire Elon Musk's Grok chatbot could integrate into Tesla's Optimus robots. (AP PHOTO)

BusinessPremiumSpaceX to invest $3 billion in Musk's xAI startup

The ties between tech billionaire Elon Musk's ventures are reportedly set to deepen as SpaceX commits $3 billion to an xAI equity round.

Staff Writers

Federal Treasurer Jim Chalmers.

EconomyPremiumJim Chalmers defends ‘controversial’ RBA remarks

When the RBA stunned financial markets by keeping rates on hold, Dr Chalmers noted the overwhelming expectation of a cut and the split vote on the call by the RBA’s board.

Sean Smith

Despite expectations of rising unemployment, indicators point to more jobs growth. (Paul Braven/AAP PHOTOS)

BusinessPremiumAll signs point to jobs market holding firm in new data

Forward indicators suggest Australia's unusually low unemployment rate will stay steady in fresh data set to be released by the Australian Bureau of Statistics.

Jacob Shteyman

Answering questions in Parliament 10 days ago, the Water Corporation boss described last month’s ‘poo-nami’ in as a ‘unique’ event.

The West Australian exclusive
The West Australian exclusive
WA NewsCommentsPremium
The West Australian exclusive
Do Water Corp’s sewer pipe assurances pass the sniff test?

Answering questions in Parliament 10 days ago, the Water Corporation boss described last month’s ‘poo-nami’ as a ‘unique’ event. But just hours later another torrent of sewage spewed into the Swan River.

John Flint

The Australian Children’s Music Foundation provides music programs in Perth schools, with science showing how music can improve brain health and development. Balga Primary students Fatim Kone, 8, Chakaeh Gerbrat, 9, and Izabela Fazekas, 8. Kelsey Reid

HealthCommentsPremiumResearch promotes music as an untapped health treatment

Research shows that music can be used to promote human health, with one expert saying the Western world has largely dismissed its greater benefits.

Angela Pownall

Glengarry shopping centre

RetailCommentsPremium‘Really sad’: Local Perth shopping centre to be demolished

Residents have expressed their disappointment after Woolworths lodged an application to redevelop the 20-store centre, which is currently home to an IGA, several family-owned businesses and a post office.

Cheyanne Enciso and Liam Murphy

EU President von der Leyen said the tariffs "would disrupt essential transatlantic supply chains". (AP PHOTO)

BusinessTrump intensifies trade war with threat of new tariffs

In an escalation of the global trade wars, US President Donald Trump has slapped the EU and Mexico with 30 per cent tariffs.

Jarrett Renshaw, Bhargav Acharya and Cassandra Garrison

The Trump Organization has announced plans to build luxury apartments in Bucharest, Romania. (AP PHOTO)

BusinessPremiumTrump's family business to build tower block in Romania

The US president's family business has announced plans to build a tower block in Romania's capital branded as luxury residential apartments.

Luiza Ilie

The World Heritage Committee in France has added the Murujuga Cultural Landscape to its global list. (HANDOUT/CONSERVATION COUNCIL OF WESTERN AUSTRALIA)

environmental issueCommentsAncient rock art near gas hub gets World Heritage listing

An ancient Indigenous rock art collection close to Woodside’s Burrup gas hub been recognised as a World Heritage-listed site.

Staff Writers

Reserve Bank governor Michele Bullock.

PropertyCommentsPremiumPain persist for mortgage owners after ‘cruel blow’

Under-the-pump Australian mortgage holders may still be feeling the impacts of the cost-of-living crunch despite the Reserve Bank moving on interest rates twice this year. 

Cameron Micallef

Ora Banda Mining managing director Luke Creagh.

Latest figuresPremiumOra Banda shares slide as FY25 production falls below target

Shares in Ora Banda Mining sank on Friday after the Goldfields miner confirmed it had not met its 2024-25 production target at its Davyhurst operation north of Kalgoorlie-Boulder.

Neil Watkinson

Walmart says it has received three reports of consumers hurt by lids ejecting from some bottles. (AP PHOTO)

BusinessPremiumUS store recalls 850,000 bottles over ejecting lids

Two people have had permanent vision loss in the United States because of stainless steel water bottles with lids that can "forcefully eject".

Staff Writers

Volumes on Wall Street were relatively light on the last trading day of the week. (AP PHOTO)

MarketsPremiumWall Street ends lower as tariffs sour sentiment

US stocks have closed lower as investors digested the president's tariff announcement regarding Canada.

Noel Randewich and Pranav Kashyap

Tianqi Lithium built this lithium hydroxide plant in Kwinana.

ManufacturingCommentsPremiumDebt dispute at $1bn-plus Kwinana lithium refinery

The company behind the $1 billion-plus Kwinana lithium refinery has been sued by a contractor alleging it is owed millions for unpaid work.

Matt Mckenzie

This week’s Bulls N’ Bears ASX Runners of the Week is… Yandal Resources.

ASX Runners of the Week: Yandal, Imagion, Falcon & Bayan

This week’s Bulls N’ Bears ASX Runners of the Week is… Yandal Resources, after the company identified a gold discovery of potentially massive scale in one of WA’s prolific gold belts.

Andrew Todd

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Andrew Ellison.

MiningCommentsAndrew Ellison agrees to cancel RDG performance rights

Chris Ellison’s younger brother Andrew has agreed to bin 13.3 million performance rights attached to the ailing Mineral Resources subsidiary he runs. 

Adrian Rauso

From the archives of cartoonist Dean Alston.

Herd on the TerraceCommentsPremiumThe rubbish clash no one can keep a lid on

Why lawyers, accountants and investors are up to their necks in Rockingham trash. Plus: Former Eagles coach Adam Simpson joins a new team, and Liontown’s end of year clearance sale.

The West Australian

Ora Banda Mining’s 1.2 million tonne per year Davyhurst gold processing plant

Ora Banda ends financial year with record 32% rise in gold produced

Ora Banda Mining has ended its financial year with a record 92,400 ounces of gold produced, a 32% increase on the previous year, marking the company’s second consecutive year of more than 30% organic growth.

Doug Bright

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