Electricity bills have jumped by $300 on average since April, with the consumer watchdog citing several reasons for skyrocketing costs. The head of the Australian Competition and Consumer Commission (ACCC) said this represented a 25 per cent increase for the median residential household connected to the...
American car-sharing giant Turo has announced plans to launch its service in Australia before the end of the year, shaking up the traditional rental car market. The company, which is the world’s largest car-sharing platform, will begin recruiting Australian ‘hosts’ willing to rent their cars on...
Your role as a carer does not necessarily end if the person you’re looking after moves to an aged care home. Even after moving them into a care facility, you might still spend a lot of time there, providing care and giving them company. However, even...
If you’re an Australian or British retiree, retirement is the perfect time to travel the world and explore the places you’ve always wanted to see. Travelling may lead to much more than just a relaxing vacation, too. Seeing the world in your 50s, 60s, and beyond...
Cost of living pressures have overtaken the pandemic as Australians’ greatest source of worry, according to a survey released on World Mental Health Day. Mental health charity Beyond Blue surveyed 1500 people and found inflation, rising interest rates, cost of living pressures, along with the war...
Senior ministers are sticking to the script on income tax cuts despite a confusing week of debate about the legislated changes. The Albanese government has been accused of moving to break a central election promise after flying kites over the future of the stage three tax...
Deputy Prime Minister Richard Marles has defended the Albanese government’s position on the stage three tax cuts, saying it hasn’t gone back on its promise. Mr Marles said while the government was openly discussing the pressures placed on the budget by areas of growth including defence...
Electricity blackouts and crippling price spikes won’t be solved by new solar and wind farms alone, the Australian Energy Market Operator (AEMO) warns. AEMO CEO Daniel Westerman has used a business summit to argue for the so-called capacity mechanism that would pay electricity generation companies to...
The treasurer is concerned aggressive interest rate hikes by the US central bank will add to inflationary pressures in Australia. He told reporters the widening gap between interest rates in the US and Australia risked flowing through to higher inflation in our economy. “When there’s a big...
The local share market has finished almost exactly where it began, with gains by the big banks balanced by losses in the mining and energy sectors ahead of the release of further monthly US inflation data. The benchmark S&P/ASX200 index on Wednesday finished up 2.5 points...