Shock analysis shows how hard it is to get by on minimum wage in Australia
A full-time worker on the minimum wage has just $29 left each week after essential expenses, while a family of four bringing in the same rate of pay is actually…
Stocks down for Australian companies including Zip and Afterpay
Wednesday’s reprieve appears to have been fleeting for ASX investors, with the local sharemarket resuming a worrying three-week spiral. The benchmark ASX 200 fell by as much as 82.8 points,…
New poll on blind politics in federal elections
With the election on a knife edge, a new poll has uncovered a policy tweak that could sway the entire contest. A new poll commissioned by the Australian Council of…
The Australian Tax Office offers solutions to customers with cryptocurrency
Capital gains from crypto assets are a key focus of the Australian Taxation Office (ATO) for Tax Time 2022, as the agency looks to crack down on the mistakes the…
Massive construction cost blowouts revealed in state budget
Homebuyers are not the only ones dealing with construction cost blowouts, with the West Australian budget revealing the state government is also grappling with massive price hikes. Premier Mark McGowan…
Homebuyer spending falls amid fears of more interest rate rises
Fewer people are planning to enter the housing market due to affordability concerns and the fear of more interest rate rises, new data has revealed. Home buying spending fell by…
Shadow treasurer Jim Chalmers reveals ‘silver lining’ in interest rate rise
Shadow treasurer Jim Chalmers has revealed a “silver lining” surrounding Tuesday’s interest rate rise. The RBA on Tuesday afternoon announced it would lift Australia’s official record low cash rate by…
Victorian households to get $250 cash splash to counter ‘greedy’ energy companies
The state government’s plan for a one-off $250 payment for every Victorian household has been backed by the opposition in a move Daniel Andrews hopes will help push back against…
Morrison: Inflation in other countries is much worse than in Australia
Prime Minister Scott Morrison has defended his Government’s economic management pointing out that inflation is much worse in other countries. The Consumer Price Index (CPI) released yesterday confirmed what many…
Home-buyers are facing a major crisis due to high interest rates
High interest rates – ِAustralia Today Higher interest rates are now inevitable, but there are fears that one group of homeowners in particular is struggling as a $400 billion problem…