More than two months since the end of the financial year Australian women have just caught up to men when it comes to their annual pay. Businesses are being encouraged to step up and address inequalities ahead of changes to laws which will make employer-level gender...
A new global centre will be set up in Australia to develop a drug breakthrough equivalent to mRNA vaccine technology for the next pandemic. Canadian and New Zealand businessman Geoffrey Cumming, who lives in Melbourne, is donating $250 million to establish the centre at the Peter...
Retail sales jumped higher than expected in July, showing that consumers are still spending despite cost-of-living pressures. Sales rose 1.3 per cent in July, which was sharply higher than the 0.3 to 0.4 per cent increase expected by analysts. The latest lift in retail turnover follows a...
The local share market has finished the day modestly lower, with the energy sector suffering its worst day in eight weeks, but the banks and tech stocks gained ground. After being down as much as 61 points in the first 20 minutes of trading to hit...
You can take a step toward building your wealth seriously by buying a rental property whenever you’re ready with the funds. If you commit to this now, you can benefit from passive income for many years as your investment generates consistent capital gains. Of course, you...
Your job as a professional requires you to apply your expertise to satisfy the requirements of your clientele/patients. Your customers count on you to provide high-quality services and expert guidance. However, despite your best efforts, there’s always a chance that something could go wrong. You...
The surge in house prices during the pandemic is likely to be followed by a modest correction, if history is to be believed. The average housing market upswing has pushed prices markedly higher than any accompanying downturn, according to a new report. Downturns also tend to be...
The federal opposition has accused the Labor government of trying to funnel superannuation into “pet projects”, and called for the health of Australian nest eggs to remain the top priority. Treasurer Jim Chalmers wants super funds to double down on the clean energy transition and housing,...
Australia must train tens of thousands of new sparkies if it wants to be a renewable energy superpower, according to the Electrical Trades Union. The warning comes as Climate Change and Energy Minister Chris Bowen hosts a jobs summit in Canberra on Tuesday with industry, unions,...
Consumers have regained some of their confidence after sentiment plummeted following the August interest rate hike. Consumer confidence grew for the second week in a row despite weak wages growth and expectations of more interest rate hikes. Up by 1.7 per cent, confidence is now at its...