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Major cosmetic chain on the brink of collapse

Body Catalyst, a non-surgical cosmetic medicine chain with 29 clinics across Australia has gone into administration, with major concerns for the company’s future.The 45 companies associated with the business, which was founded by Samantha…

Sign cash could disappear for good

Financial institutions, including banks, could pool their resources to ensure cash access is maintained, Reserve Bank governor Michele Bullock has said. Speaking at a payments summit on Tuesday morning, Ms Bullock said the central bank was…

Ambos nab huge wage win after triple-0 threat

After days of tense and tumultuous negotiations, the NSW government has cemented a historic pay deal for paramedics, preventing a potential breakdown of the state’s triple-0 services on January 1. Urgent negotiations between the government…

Budget deficit slashed as tax take soars

The federal budget deficit forecast for this financial year has been slashed to just $1.1bn, all but guaranteeing Jim Chalmers will deliver back-to-back surpluses.In a move designed to ease inflationary pressures, the Mid-Year Economic and…

ASX on three-day winning streak

The Australian sharemarket extended its winning streak to a third day on Tuesday, buoyed by an increase in interest rate-sensitive stocks as traders await fresh US CPI data to be released on Wednesday night (AEDT). The benchmark S &…