FEAR & GREED | Business News FY 2026: fee hikes, pay changes; housing market surges; Hardie heads to Wall St
Jun 29, 2025
Tune in for a discussion on upcoming fee hikes and pay changes that will impact businesses and employees alike. The housing market is buzzing due to rate cut hopes, creating newfound buyer confidence. Meanwhile, James Hardie is making waves with its shift to Wall Street. Learn about Donald Trump’s advancing tax bill and Warren Buffett's staggering $9 billion in donations. Also, explore Melbourne's auction market as property predictions heat up amidst evolving economic landscapes.
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Prepare for Financial Year Changes
- Businesses must prepare for fee hikes and pay changes from July 1, including a 3.5% minimum wage increase and rise in superannuation guarantee to 12%.
- Employers deciding how superannuation impacts wages will affect employees' take-home pay.
Energy Prices Set to Rise
- Energy prices will rise significantly in NSW, South Australia, Queensland, and Victoria from July 1, with increases up to 9.7% for households.
- Small businesses should expect rises as well, though eligible ones can get $150 in electricity bill rebates this year.
Markets Ignore Geopolitical Turmoil
- Despite Middle East turmoil, global equity markets, including Wall Street, rallied to new highs recently.
- Falling bond yields in Australia suggest at least two rate cuts this year, with the first expected by July 8.