National Australia Bank modelling has cast doubt on the belief the tax refunds that will soon start flowing into taxpayers’ bank accounts will stimulate the economy in a meaningful way. The Government’s tax cuts passed through Parliament last week, with stage one soon to be seen in bank accounts as people lodge their tax returns. On past behaviour, UBS economists …

Donald Trump become the first president in nearly seven decades to address a Fourth of July parade in Washington DC, in an event criticised by opponents as a waste of taxpayer dollars and a needless glorification of the US President. As rain fell on the US capital, Mr Trump declared that the “future of American freedom” lay with the men …

In the wee small hours, long after those most likely to have their tennis-loving senses offended had finished their Bovril and shortbreads and turned in, Nick Kyrgios again produced the kind of performance that inspires open-mouthed awe from some, undisguised disdain from many others and gives TV programmers grey hairs. Kyrgios didn’t beat Rafael Nadal. Not this time. Nor did …

Unsubstantiated or higher-than-expected tax deductions relating to cars, travel, clothing, mobile phone and internet use, and rental properties are among the top claims the Australian Taxation Office (ATO) will be eyeing this tax time. Each year, almost 14 million Australians lodge income tax returns and claim tens of billions of dollars in tax deductions, the highest being for work-related expense …

More than half a million homeowners across the eastern seaboard could build a granny flat if they wanted to, a recent CoreLogic report revealed. And there are plenty of reasons to consider it. Your adult children could use it as a pit-stop on the road to independence, enabling them to save a deposit. Your elderly parents could use it as …

The catfish stalker convicted of using a soap star’s profile to harass and stalk women online will remain free on bail until her appeal is heard in October 2020. Lydia Abdelmalek, who was sentenced to two years and eight months’ jail earlier this month, reappeared in court this morning before her family clashed with media outside. Her father used an …

Prime Minister Scott Morrison has used his first foreign policy speech to call for calm between China and the US. Now his real challenge lies ahead: Talking Donald Trump out of a trade war that could devastate the Australian economy. But don’t expect Mr Morrison to make a show of calling out the US president. Speaking in Sydney on Wednesday …

A company has been handed a $2.3 million fine by the Federal Court for selling thousands of pieces of fake Aboriginal art. The court found Birubi Art breached Australian consumer law and misled customers by promoting its products as genuine Aboriginal art, when in fact they were painted in Indonesia. The company sold more than 18,000 boomerangs, bullroarers, digeridoos and …

One wanted a hug. Another thirsted for a beer. A third wept tears of joy. A triumphant trio of Australian women reacted with a common theme after delivering an unheralded burst of brilliance to Australia’s sporting landscape. Within a dozen hours; Australia found three fresh sporting heroines. Around 11pm Australian time on Sunday night, Ashleigh Barty became women’s tennis world …

A ban on mobile phone use in Victorian public schools aimed at curbing distraction and cyberbullying has divided opinion among teachers and students. Education Minister James Merlino said the ban, which would be in place during school hours in state primary and secondary schools, would start in the first term of 2020. Phones must be kept in school lockers from …