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Economy

NSW Government confirms 4.5 per cent wages boost to public sector workers

Tens of thousands of public sector workers in NSW can expect a pay bump of 4.5 per cent, as the government works to enact one of their flagship election promises. The wage rise will be made up of a 4…

Promising sign of wage increase as employers plan to increase salaries

Australia Today Employers are overwhelmingly planning to increase salaries amid the cost of living crisis, however, it may not be enough to match inflation. A whopping 95 per cent of employers intend increasing the salaries of their staff in the…

Hundreds of thousands of Australians to be hit by big electricity bill increase

Australia Today Electricity prices will increase between 20 and 25 per cent from July 1 for about 600,000 customers across three states, the Australian Energy Regulator has confirmed. Half a million Victorian residents and small businesses will be affected by…

Jim Chalmers flags ‘further steps’ after PwC lead leaked confidential government tax details

Australia Today Treasurer Jim Chalmers says there will be “further steps” taken against consulting firm PricewaterhouseCoopers after a former partner leaked confidential information about government tax plans. The former head of international tax for PwC, Peter Collins – who has…

Peter Dutton rips into Treasurer Jim Chalmers budget in reply to parliament

Australia Today Opposition Leader Peter Dutton says federal Labor’s budget will do little to help Australians struggling with the rising cost of living. The Liberal leader handed down his budget reply to the House of Representatives on Thursday night, two…

Greens leader Adam Bandt says Labor’s budget does nothing to alleviate poverty

Australia Today The leader of the Greens has slammed Labor’s budget as a “betrayal of renters, students, jobseekers, young people and everyone doing it tough.” Adam Bandt, delivering his budget reply speech on Wednesday night, says Tuesday’s budget gives billionaires…

More people rely on tax return to make ends meet as inflation bites

Australia Today A “worrying” number of Australians are viewing their tax return as a crucial part of their finances during a cost of living crisis that has one in two decreasing their standard of living. One in eight Australians say…

Treasurer Jim Chalmers could unveil shock budget surplus

Australia Today Treasurer Jim Chalmers is tipped to unveil a shock surplus but the back in black budget will be short-lived. As he puts the final touches on Tuesday’s budget, the Treasurer has refused to rule out a wildcard surplus…

Jim Chalmers won’t override RBA decision as suggested by Greens

Australia Today Treasurer Jim Chalmers says the RBA’s surprise decision to raise rates will be tough for Australians, but he won’t be drawn into the Greens’ calls for the government to override the latest hike. After the board’s decision to…

‘Worst year’ of rental crisis upon us as affordable properties dwindle

Australia Today The rental market has never been more unaffordable for Australians on welfare and low incomes as supply dwindles and weekly costs skyrocket. Australia’s rent crisis continues to deepen with many households finding it impossible to access affordable housing,…

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