The local share market has closed lower, with investors apparently treading cautiously as the war in Ukraine threatened to spill across the border into Poland. The benchmark S&P/ASX200 index on Wednesday finished down 19.4 points, or 0.27 per cent, to 7122.2, while the broader All Ordinaries...
Over two million seniors rely on the Age Pension for retirement income, according to the Australian Institute of Health and Welfare (AIHW). Currently, you can start receiving the pension at age 66.5, but by the middle of 2023, you’ll need to be 67 or older. Right...
Senior Treasury officials have thrown their support behind government intervention in energy markets to push prices down. Treasury boss Steven Kennedy believes the war in Ukraine has led to abnormally high prices and profits for gas and coal companies, demanding an unconventional response. “The current gas and...
Your decision to purchase a new house is a significant life event, and the thought of becoming a homeowner in the UK might be a little intimidating. However, homeownership brings with it several advantages, including the freedom to design your home as you wish, the capacity...
Super tax concessions are in the Albanese government’s line of sight as it looks for opportunities to boost revenue and repair the budget bottom line. Assistant Treasurer Stephen Jones said tax concessions on super funds are costly to government finances and are being used to amass...
Business activity remained strong last month but confidence weakened as firms grew wary of the potential for a slower period ahead, a long-running business survey indicates. The NAB Monthly Business Survey was released on Tuesday, detailing the results of interviews with 400 Australian non-farm businesses queried...
Australians are living longer despite the COVID-19 pandemic, which caused life expectancy to drop in many of the world’s richest nations. Australian Bureau of Statistics figures released on Tuesday showed a girl born in 2021 could expect to live 85.4 years, up several months on the...
Australia’s biggest car brands have been ranked on their efforts to reduce emissions and the news is not positive for many of the country’s top sellers. While electric vehicle manufacturers Polestar and Tesla topped the Climate Council’s Race to Zero Ranking on Tuesday, Australia’s top three...
Gas pumps at least $70 billion per year into the Australian economy, new analysis shows, as the industry comes under pressure to supply cheaper gas to domestic customers. Research by ACIL Allen Consulting for industry body Gas Energy Australia found gas supports almost a quarter of...
An Australian app promising to help new e-bike riders avoid hills and traffic has secured its first partnership, in a deal proponents say could bring Australia closer to “Copenhagen levels” of cycling. The deal between RACV offshoot Intelematics and e-bike service Lug+Carrie will see riders in...