Retirees might be more inclined to use super for its intended purpose – income for retirement – under a proposal to tax oversized withdrawals. Four actuaries have waded into the ever-contentious tax debate with a discussion paper thrashing out opportunities to make the super system simpler...
Businesses can look forward to less red tape as a state government prepares to axe half its regulators, but they shouldn’t hold their breath for tax changes. The plan, which could save businesses $500 million over five years, was launched as part of the Victorian government’s...
One million Australians and New Zealanders will be offered AI training over the next two years in a campaign to encourage the workforce to use the technology, and, in some cases, help workers keep their jobs. Microsoft announced its national education initiative on Wednesday, building on...
The improved energy efficiency of new homes has been revealed, sparking calls for politicians not to water down building standards that would result in steeper electricity bills for residents. The typical house built in 2010 or later is twice as energy efficient as one built before...
Voters are being warned to be vigilant about the growth of artificial intelligence-enabled political content on social media before the next federal election. The Australian Electoral Commission has warned AI-generated disinformation content, such as deepfake videos or robocalls from politicians, could be legal under current regulations. AAP...
More than one million Australians will soon receive a hip-pocket bump as their support payments increase. From January 1, payments for young people, students, carers and others will be indexed to keep up with inflation. Jobseekers, students, apprentices and other young Australians who get Youth Allowance will...
Australians are so exhausted they’ve become less productive at work, chucking sickies or having a surreptitious nap on the job, according to new sleep data. Fifteen per cent of workers have admitted to taking a sneaky nap at work, while 30 per cent of shift workers...
Home cooks looking for a Christmas lamb should head to the major supermarkets to get the best bang for their buck, but Aldi remains the best value choice for the rest of their grocery list. An average basket of 14 common household items cost $50.63 at...
Australians drive some of the dirtiest vehicles in the world, according to a transport study, which found cars Down Under produce more pollution than vehicles in Romania, Croatia and Bulgaria, among others. But the National Transport Commission research, released on Tuesday, also found new vehicles were...
Business insurance is more than a protective buffer—it is a critical long-term strategic decision that directly influences the sustainability and success of a business. The potential loss of productive assets such as premises, machinery, stock, and income can pose significant risks to business continuity. For many businesses,...