Big business wants artificial intelligence to handle more “boring but essential” jobs as part of a race to establish Australia as a global leader in the technology and avoid decades of playing catch-up. AI is a significant opportunity to boost living standards and the nation’s “next...
Holiday home – not rented out If you own a holiday home and don’t rent out the property, you don’t include anything in your tax return until you sell it. When you sell the property, you will need to calculate your capital gain or loss. Keep all records from...
The economic impacts of natural disasters will extend beyond the federal budget, environmental groups warn as households are told to brace for higher insurance premiums. Treasury figures show a loss of $2.2 billion from economic activity following Tropical Cyclone Alfred and floods in NSW and Queensland. The...
Australians have lost at least $119 million to scams in the first four months of 2025, as phishing cons almost tripled in value. The consumer watchdog’s National Anti-Scam Centre is calling on businesses to join forces to share data to combat increasingly sophisticated frauds. “Scams are affecting...
Farmers will be temporarily spared from paying a hiked emergency services levy as drought support is expanded statewide. An extra $37.7 million has been earmarked for drought relief in Victoria as paddocks and dams run dry following low autumn rainfall. A Victorian drought relief package, which includes...
Nine in 10 young Australians are using artificial intelligence tools in their everyday life, a study has found, but few are using the software to “cheat” at school and many are changing their career paths to avoid its impact. A gender gap is also emerging among...
Australia’s economy is expected to show a mild slow-down when it comes in for its quarterly health check on Wednesday. National accounts figures are predicted to show gross domestic product grew 0.4 per cent in the first three months of 2025 after expanding 0.6 per cent...
Environment groups and the clean energy industry have found common ground on long-awaited nature law reforms, joining forces to urge the federal government to hurry up and finish the job. The unprecedented alliance between the Clean Energy Council, Australian Conservation Foundation, Australian Marine Conservation Society and...
Labor has left the door open to a tax on cement and steel coming in from places not taking sufficient climate action. Energy Minister Chris Bowen said Australia remained on-track to meet its legislated 43 per cent by 2030 emissions reduction target but that the nation...
Small luxuries such as electric blankets and Lego can quickly fall off the shopping lists of families with seriously sick kids who are struggling with the rising cost of living, steep medical bills and caring responsibilities. But that doesn’t mean they have to go without. Little Wings...