Feds spend $3b to ‘finish’ NBN, big bank share prices fall, Myer reports poor Xmas sales

Tuesday 14 January 2025

The federal government announces another $3b for the NBN, saying it will enable most homes and businesses to fully access high speed internet. 

And more, including:

• The share price of the big banks are sold down on the back of interest rate fears. 

• Sales at Myer disappoint, sending its share price down 15 per cent. 

• Bidding war breaks out for wealth manager Insignia Financial

• And humanity’s largest gathering begins in India, where 400 million people are expected to congregate for a Hindu festival

Plus don’t miss the latest episode of How Do They Afford That? - dealing with a financial hangover. Get the episode fromAPPLE,SPOTIFY, or anywhere you listen to podcasts.

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