Reducing top personal tax rates and having a competitive tax rate with Australia are among the Tax Working Group's recommendations.

Economists are picking the Reserve Bank to start lifting the Official Cash Rate by at least the end of June.

Business confidence stalled in December, according to the latest Quarterly Survey of Business Opinion.

Britain's financial services watchdog is to hit bankers earning more than £1 million ($2.2 million) a year with new restrictions.

More affordable homes are driving enthusiasm in property sales, but experts warn the relatively cheaper housing may not last.