Striving for financial independence is an important goal for many people, as it helps them focus and create concrete plans for their desired outcomes. However, what happens after you achieve financial independence or FI? Some actually find it difficult to transition from the achievement phase to the...
All successful businesses depend on a solid and dependable structure. While you can always work it out as you go, improvisation in the business world is inefficient, highly risky, and likely to lead to failure. Getting the right systems in place from the start is...
Use this checklist to review the health of your super in 5 easy steps. Why you should review your super Your super is one of the biggest assets you’ll accumulate in your lifetime. However, many Australians think they don’t need to worry about their super until retirement. Some...
Wages have responded to the tight labour market, rising 3.7 per cent annually in the March quarter. On a quarterly basis, the Australian Bureau of Statistics’ wage price index lifted 0.8 per cent. ABS acting head of prices statistic Leigh Merrington said annual wage growth was at...
A proposed emissions storage hub in the Northern Territory will take carbon waste from gas plants and provide a feedstock for making fertiliser and other products. Chief Minister Natasha Fyles said the creation of a carbon capture, utilisation and storage (CCUS) industry will be an important...
The stage three income tax cuts will cost the budget $313 billion over the next decade, according to new costings commissioned by the Greens. That is 23 per cent higher than the previous estimate of $243b, which was not included in the federal budget handed down...
The defence minister says Australia, the United States and Britain must work together seamlessly on new technology and weapons to protect against aggression in the Pacific. Richard Marles will talk about cutting red tape to efficiently share technology and information through the AUKUS pact between the...
A proposal to lift the working hours threshold for those on JobSeeker would allow them to earn more while putting less strain on the budget, Opposition Leader Peter Dutton says. The coalition has called for an increase of five to 10 hours in the time people...
One of Australia’s leading banks is about to make a sizeable investment in the future of electric transport. One year after banning the purchase of new petrol vehicles, Teachers Mutual Bank has revealed plans to replace its entire fleet with electric cars and utes as part...
The Federal Budget at a glance Budget deficit of $13.9 billion in 2023/24 Commonwealth net debt to rise to $574.9 billion (22.3 per cent of GDP) in 2023/24 Economic growth to fall to 1.5 per cent in 2023/24 Unemployment rate to rise to 4.25 per cent in 2023/24 Inflation as...