Finance Minister Jim Chalmers warns: Falling iron ore prices could hurt the Australian economy

Falling iron ore prices and the weakening Chinese steel industry could cause three billion dollars in damage to the Australian economy, warns Finance Minister Jim Chalmers. With iron ore prices closing at USD 81.80/tonne on Thursday, the global commodity price is below the price forecast at the time of the budget announcement, according to the … Read more

NSW police bust allegedly fraudulent car finance scheme worth $10 million

Two people have been arrested and charged following a New South Wales police investigation into an alleged $10 million financing fraud targeting a Sydney automotive company. Strike Force Myddleton was launched in January by detectives from the State Crime Command’s Financial Crimes Squad, with support from the NSW Crime Commission (NSWCC).