Business activity shrunk for the second month in a row as worsening economic conditions dry up new orders. Australian private sector output contracted faster in November after softening more moderately in October, the S&P Global’s flash Purchasing Managers’ Index revealed. The composite index, which includes survey results...
The persistently strong labour market and Black Friday sales are likely leading to a rise in consumer confidence, which has improved for a second week running. The pulse check of consumer sentiment remains well below historical averages, sitting at levels last seen in the early stages...
The local share market has pushed to a fresh five-month high after gaining ground for a second day in a row. The benchmark S&P/ASX200 index closed Wednesday up 50.5 points, or 0.7 per cent, to 7231.8, its highest finish since June 3. The broader All Ordinaries gained...
Saving a few dollars today can add up to a lot of money later on – cash that you can use to start investing, pay off your debt repayment, or save for retirement. But to ensure you have a clear direction and achieve what you want,...
Issuing loans or lending money comes with certain risks. This is why the majority of lenders require that borrowers provide a guarantor for their loan. If the borrower is unable to repay the debt on their own, a guarantor promises to do so in their stead....
Who needs to apply for a director ID? You need a director ID if you are a director of a: company registered with the Australian Securities and Investments CommissionExternal link (ASIC) or the Office of the Registrar of Indigenous CorporationsExternal link (ORIC) corporate trustee, for example of a self-managed super fund (SMSF) registered...
Wages have lifted for the fourth quarter in a row, growing 3.1 per cent annually in the September quarter. But the increase is still being far outstripped by inflation as Australians’ real wage growth sits deep in negative territory. The national statistics bureau’s wage price index lifted...
The federal government faces pressure to ensure a flagged review of the university sector delivers for students, staff and the national economy. Education Minister Jason Clare is expected to announce on Wednesday the details of a process, known as the Universities Accord, to reform the sector,...
Work, study, money, mental health and the pandemic have been the greatest challenges to Australian relationships, but many people do not seek help when problems arise. One in four people said work or study impacted their most important relationship, while 22 per cent nominated mental health...
Businesses are being encouraged by the federal government to equally fund paid parental leave schemes for men and women so families can maximise time with their children. While all parents are entitled to 20 weeks of government-funded leave, not all employers are funding additional leave equally. Of...