Australia’s economy is going into a slowdown, which will eventually bring inflation under control. That is the view of the Reserve Bank after officials appeared before a senate estimates hearing on Thursday, where they said a decline in momentum in economic growth was not a surprise. GDP...
Some of Australia’s leading health and life sciences organisations are urging Treasurer Jim Chalmers to review the changes to research and development taxes proposed in his budget. Sector advocates say while they’re concerned over a number of Dr Chalmers’ latest tax initiatives, the move to limit...
Australian households are generating nearly four times as much solar energy as retailers, manufacturers and other non-residential buildings, with most commercial rooftops panel-free. Harvesting the vast, untapped generating and storage potential in cities and towns depends on devising incentives targeting this “missing middle” and reforming the...
Australia has enough fuel reserves to last almost three months, as petrol prices at the bowser drop to near pre-Middle East war levels. The stock includes 43 days’ worth of petrol, 36 days’ worth of diesel, and 30 days’ worth of jet fuel, with billions of...
Australians are paying more for online deliveries, and while faster and more convenient, the rise of global e-commerce giants could spell trouble for local retailers. With labour, fuel and maintenance costs continuing to rise, consumers are forking out an average of $11.30 for a delivery in...
Proposed taxes on trusts could limit the amount of money given to charities, but the minister responsible says it’s the least of the sector’s problems. With more than $5 trillion expected to pass down the generations through wills and bequests over the next two decades, economist...
Central bankers in Australia will scrutinise consumer and business confidence figures amid a dearth of hard economic data this week. Sentiment has plummeted amongst households and employers since the outbreak of the Middle East conflict in late February. The Westpac-Melbourne Institute consumer confidence survey, due to be...
Child safety changes on Apple devices have been inspired by Australia’s ban on under-16s using social media. Apple’s chief executive Tim Cook has spoken with Prime Minister Anthony Albanese about the changes in a phone call on Tuesday, singling out the restrictions enforced for young Australians. Under...
Low-emission vehicles are becoming increasingly popular in Australia’s second-hand car market as motorists strive to conserve fuel. But hybrid vehicles, rather than electric models, are proving to be in highest demand and the most resistant to price reductions. The Australian Automotive Dealer Association and AutoGrab revealed the...
There comes a time when the family home that once felt full of noise, movement and memories can start to feel a little too big, too quiet, too expensive or simply too much work. Downsizing is not just about moving into a smaller home. For many...