Confidence among households with a mortgage has dropped almost 10 per cent in the past month due to concerns the central bank will start raising the cash interest rate earlier than expected. The overall Westpac-Melbourne Institute consumer sentiment index fell by 0.9 per cent to 95.8...
Daniel Ricciardo found some answers. But the big question remains. Just how do Ricciardo and fellow Formula One drivers catch a Ferrari? Charles Leclerc’s stunning go-to-whoa win in the Australian Grand Prix has gifted Ferrari’s ace a whopping lead in the championship. Leclerc triumphed by more than 20...
Domestic passengers around Australia are being advised to arrive earlier than usual as pandemic-related staff shortages continue to cause delays during the bumper school holidays ahead of the Easter long weekend. A Sydney Airport spokesman said there are aviation industry-wide staff shortages around the world. “We have...
Australian shares have closed higher on the back of rising commodity prices but investor sentiment remains cautious amid the ongoing Ukraine conflict and prospects for an earlier-than-expected interest rate increase to curb inflation. The benchmark S&P/ASX200 index ended up 25 points, or 0.34 per cent, to...
What trauma insurance covers Trauma insurance, also called ‘critical illness’ or ‘recovery insurance’ pays a lump sum amount if you suffer a critical illness or serious injury. This includes cancer, a heart condition, major head injury or stroke. Trauma insurance does not cover mental health conditions. What’s...
It is a budget designed to support the economy’s path out of the pandemic. Cost of living and infrastructure are the focus. Businesses and consumers are still struggling after a number of difficult years. The Coalition government has issued a pre-election budget that focuses on infrastructure...
Almost 20 cents out of every dollar spent on retail purchases in Australia last year was spent online, as Australia Post reveals the suburbs driving the surge. Of the top ten suburbs with the highest volume of online shopping, all of them are more than 20...
“I have not failed. I’ve just found 10,000 ways that won’t work.” Discover Thomas A. Edison ...
The Reserve Bank of Australia is looking for more clarity on the current state of inflation, having likely accelerated since its last set of forecasts in February. The central bank left the official cash rate unchanged at a record low 0.1 per cent at Tuesday’s monthly...
A national energy plan to create hundreds of thousands of jobs across the economy has been commissioned by the sparkies who would roll it out. More than 450,000 jobs could be created over the coming decades, according to a blueprint by independent think tank Per Capita...