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23 Mar When in doubt, let kindness and compassion guide you – Samin Nosrat

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23 Mar The federal budget: What we know so far

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FEDERAL BUDGET – WHAT WE KNOW SO FAR: THE BIG PICTURE * With the COVID-19 pandemic, flooding and Ukraine-Russia war creating headwinds, Treasurer Josh Frydenberg is emphasising the “fiscal dividend of a stronger economy”. * Budget deficit estimated to be around $70 billion, instead of the $98.9 billion...

23 Mar Couples take eight years to buy first home

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Australian couples buying their first home are taking up to eight years to save for a deposit as rising property prices and low wage growth make saving a struggle. The time taken for young couples to gather a house deposit has increased by 11 months on...

23 Mar Budget takes smart approach to red tape

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Business groups believe the Morrison government is taking a “smart approach” to deregulation with a budget proposal to reduce red tape, while improving the cash flow for small businesses. In the latest measure to emerge from his pre-budget blitz, Treasurer Josh Frydenberg announced a reduction in...

23 Mar PM hints at pairing back budget spending

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Scott Morrison has hinted the government could soon wind back spending measures ahead of the upcoming federal budget. Speaking to reporters in Perth on Wednesday, the prime minister said the government aimed to return the country’s balance sheet back to where it was before the pandemic. “Labor...

23 Mar Wage pressures as job demand stays strong

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Strong demand for workers should stoke wage demands with the unemployment rate already at a historic low level and destined to go even lower. Demand for skilled workers continues to accelerate, with the National Skills Commission saying job advertisements posted on the internet rose by a...

23 Mar Cost of living concerns will be addressed in budget

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Measures to address cost of living concerns will be a key component of the upcoming federal budget, according to the prime minister. With less than a week until the 2022/23 budget is handed down, Scott Morrison said work was being finalised on ways to address the...

23 Mar World No.1 Barty retires, bows out on top

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A physically and emotionally “spent” Ash Barty has revealed she’s been wrestling with retirement ever since winning Wimbledon last year. Aged just 25, the world No.1 delivered the bombshell announcement on Wednesday that she was walking away from tennis just two months after her hoodoo-busting Australian...

23 Mar Petrol prices continue to soar due to war

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Petrol prices galloped to fresh record highs in the past week as global oil prices remained propped up by the war in Ukraine. The Australian Institute of Petroleum said the national weekly average for petrol prices jumped by 14.9 cents in the past week to a...

23 Mar Aussie launch pads could ‘keep space safe’

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Standing up space launch sites in Australia will help provide back up capabilities if allies’ facilities go down and ensure continued access to critical technologies, the head of the country’s space agency says. Enrico Palermo says Australia’s unique geography, climate and political landscape makes it attractive...