Retirees should be offered a lifetime pension from the federal government, drawn from their savings, in order to make the superannuation system simpler, a report has urged. The Grattan Institute report on superannuation has recommended retirees use a portion of their super balance to buy an...
Australia’s jobs market continues to show “remarkable” resilience with stronger than expected employment growth tempering hopes of a February rate cut. About 56,000 jobs were added to the economy in December, the Australian Bureau of Statistics reported on Thursday, well above market expectations of 15,000 new...
The treasurer has poured cold water on any new taxes, saying Labor is focused on targeted cost of living relief. Asked whether Labor would bring any new taxes to the upcoming federal election, Jim Chalmers said, “no, our focus is on the tax changes that we’ve...
Growing uncertainty will haunt the global economy as policy shifts threaten to reignite inflation, the International Monetary Fund warns. In its biannual update on the global economic outlook, the United Nations financial agency predicted central banks around the world would bring interest rates back to normal...
Lifting unemployment benefits increases the average time job seekers spend out of work, research reveals, challenging assertions COVID-era support payments did not discourage people from looking for jobs. The $550-a-fortnight JobSeeker Coronavirus Supplement reduced job-finding by 19 per cent, the study released on Tuesday by non-partisan...
Cultural change will be just as important as measurable targets when it comes to improving workplace gender equality, a parliamentary committee has been told. Proposed law reforms would introduce a new requirement for businesses with 500 or more employees to commit to achieve, or make progress...
It’s not unusual to see individuals championed as heroes of climate action, with their efforts to install rooftop solar and buy electric cars promoted as pivotal in the fight to save the planet. Hero figures can motivate others to follow suit but a University of Sydney...
For those who can afford it, adding a battery could beat the “sun tax” that will further deplete the once-generous rate of return for rooftop solar pioneers. A third of Australia’s households have rooftop solar and almost three quarters of the output has historically been exported...
In today’s competitive world, standing out in your industry requires more than just hard work and consistency—it demands passion, innovation, and the courage to take a stand. Many professionals aim to carve a niche for themselves, but only a few truly succeed in building a brand...
Workplace safety is a critical component of a productive and healthy working environment. Among the many factors contributing to employee well-being, the cleanliness and maintenance of air conditioning systems often go unnoticed. Air conditioning plays an essential role in modern offices, providing a comfortable and controlled indoor...