The oil and gas industry is trying to reinvent itself to survive in a future carbon-neutral economy. Santos CEO Kevin Gallagher said on Wednesday that the momentum of the energy transition must be maintained without compromising energy security. “We can only do this through decarbonisation, not de-fossilisation,”...
Most superannuation benefits are “preserved”. That is, they cannot be accessed until certain conditions have been met. These are referred to as “conditions of release”. The most common conditions of release include: Retirement, after having reached preservation age (see the following table) Turning 65 years of age, even if...
Allowing citizens to dip into their retirement accounts to help them afford their first home is common practice overseas, but experts say it’s hard to know the extent to which they’ve jacked up house prices. The Morrison government’s election-eve proposal to allow Aussies to withdraw a...
Every home owner has been there. You look around your home and try to decide: are you better off renovating the home you have or selling and purchasing a new home? While the decision is very individual, these are a few of the most important...
The minutes of the Reserve Bank of Australia’s May board meeting have indicated it is prepared to raise the cash rate by larger increments to tame inflation if needed. Such a warning will do little to soothe already crumbling consumer confidence, which has sunk to its...
Apple has discontinued the iPod music player after more than 20 years on the market. The most recent version of the device – the iPod Touch – has not been updated since 2019 and many of its features are now incorporated into other Apple devices and...
The rapid growth of a disability support service in Sydney’s west resulted in a “dangerous” situation with clients not properly supervised, a royal commission has been told. A former senior staff member with the Mt Druitt day program, identified as Dianne, said the service was growing...
An environmentally friendly spray targeting one of the world’s most damaging agricultural pests has been created by Australian scientists. Heralded as a crop production game-changer, the technology is chemical free and has been developed by University of Queensland researchers over the past decade. Research team leader Neena...
The Australian share market has finished in the green for the first time since last Thursday, ahead of key US inflation data due to be released overnight. After being down by as many as 59.3 points in morning trading, the benchmark S&P/ASX200 index turned things around...
Your income may be from one or more payers, such as an employer or government agency or work you do under an ABN. Claiming the tax-free threshold ($18,200) reduces the amount of tax withheld from your income. How to claim the tax-free threshold You can usually claim...