The treasurer wants to start a conversation about the future of superannuation concessions that burden the federal budget, but hasn’t changed his position on tax reform. Jim Chalmers said the government can’t ignore the cost of super tax concessions as the budget faces other pressures. “We’ve got...
Staying active throughout adulthood could help stave off dementia though even smaller bouts of exercise may help, British research suggests. A long-term study found that people who exercise as they age are more likely to have good brain health than those who take up an activity...
New generation, transmission lines and energy storage are needed to keep the lights on in homes and businesses as ageing coal power plants shut down. In a national electricity market update released on Tuesday, the Australian Energy Market Operator warned the reliability of the electricity grid...
The Victorian Greens are joining calls to regulate the short-stay accommodation industry, as poor housing supply fuels staff shortages across the nation. The sector is almost entirely unregulated, the party’s renters’ rights spokeswoman Gabrielle de Vietri said. “Investment properties are being turned into mini hotels at the...
The federal government has given defence bases a renewable energy boost, ahead of hotly anticipated changes to defence policy. The federal government will build 10 new solar energy sites to power defence bases around Australia, complete with battery storage. “We’re investing in renewable energy projects because they...
A parent advocacy body is calling for the federal government to reform paid parental leave and scale it up towards a full year between carers. The Parenthood chief executive Georgie Dent appeared before a parliamentary inquiry into the scheme on Monday to outline key areas of...
Toxic relationships really can be as bad for women’s health as obesity, physical inactivity or overindulging in alcohol, a study has found. According to the University of Queensland study, the secret to health and wellbeing could be a quality relationship. Lead author Dr Xiaolin Xu found unsatisfying...
One of Australia’s largest transport companies plans to take more trucks off roads as part of a $1.8 billion deal to move more goods by rail. The partnership between Team Global Express and Aurizon, announced on Monday, will see seven weekly train services added to the...
The Australian share market has slumped to a six-week low after a mass sell-off on Wall Street but recovered slightly after softer-than-expected wages data. The benchmark S&P/ASX200 was down as much as 66 points before lunchtime on Wednesday but rebounded to finish down 21.8 points, or...
Why Time Is Wealth If you were to choose between money and time, which option would you go for? For some, the answer is easy: it’s money. The reason, of course, is that people measure one’s level of success and wealth by the size of one’s bank...