Wages are set to rise on the back of a robust jobs market, stronger economic activity, sectoral pay boosts and a ban on non-compete clauses. Workers have already seen some let-up in prices eroding hard-won pay gains and new Treasury forecasts suggest the gap between inflation...
Australia is on track for structural deficits as far as the government can see, clouding the economy’s final approach to a soft landing. Treasurer Jim Chalmers’ federal budget unveiled on Tuesday night locks in underlying deficits until 2035/36 as a result of ballooning spending and lower...
Business bosses are furious about a “heavy handed” measure designed to help workers take better paid jobs or start their own companies. The workplace change contained in the federal budget means workers earning less than $175,000 cannot be “handcuffed” to their jobs. The change is subject to...
A landmark agreement that ensures every Australian student receives a fully funded public eduction is being toasted as a nation-building breakthrough. After months of back-and-forth, the Commonwealth on Monday bowed to demands from a final holdout state and brokered a deal. The Queensland agreement will provide an...
Women and men agree on what makes a good leader, but males have a gender bias blind spot and often believe stereotypes do not exist. Researchers at the University of South Australia found women experienced daily impacts related to gender leadership stereotypes and actively worked to...
Australian road laws are not ready for the arrival of self-driving vehicles, a study has found, and it risks leaving drivers and accident victims in legal limbo. Researchers from three Australian universities issued the warning in a paper published in the Computer Law and Security Review,...
The average Australian family will save more than $4000 a year in childcare fees as the federal government moves towards universal access to early education. Pressure has long been mounting on governments to improve childcare accessibility and affordability to bolster productivity, workforce participation and children’s early...
A sizeable, steel, sharp-cornered and controversial electric truck will be the drawcard for Melbourne’s first car show in more than a decade as organisers bank on curiosity surrounding the futuristic vehicle. The Tesla Cybertruck took a spin around the Melbourne Motor Show venue on Tuesday in...
Experiencing market volatility can be an emotional rollercoaster for even the most seasoned investors. Feelings of fear, anxiety, and doubt often emerge as markets fluctuate, leading many to question their investment strategies and financial decisions. These emotions, while entirely natural, can become detrimental if they prompt...
Self-Managed Superannuation Funds (SMSFs) offer individuals direct control over their retirement savings, providing the flexibility to tailor investment strategies specifically suited to their personal financial goals and risk tolerance. However, the decision to manage your own superannuation should never be taken lightly, as with increased flexibility...