Young people see the housing market as being stacked against them, Australia’s housing minister says, as the Greens call for drastic changes to property tax concessions. Clare O’Neil continues to play a straight bat to suggestions the government is considering scaling back the capital gains discount...
More of the retirement savings of 14 million Australians will be invested in Canada under a landmark initiative signed in front of their visiting prime minister. Mark Carney kicked off his four-day Australian tour at an event in Sydney where the two nations’ super-sized pension funds...
In a time of climate change and strained housing affordability, sometimes it pays to think small. At just 50 square metres, the apartments and townhouses inside the Two Sisters development in North Melbourne are far smaller than the 236 sq m average Australian home – the...
Millions of Australian workers would receive an extra week of paid leave each year if a union push to change federal employment standards succeeds. The Australian Council of Trade Unions on Wednesday launched a bid to increase the standard annual leave entitlements from four to five...
WHAT WE KNOW ABOUT VICTORIA’S PLAN TO LEGISLATE A RIGHT TO WORK FROM HOME: * Victoria’s Labor government has announced its plan to enshrine working from home into law in August * Under the proposed laws, private and public sector workers who can “reasonably” do their job...
The internet watchdog will track thousands of Australian families to assess the impact of the world-first social media ban on teenagers. The evaluation, led by the eSafety Commission’s research team, aims to understand how the law which kicked in last December works in practice and its...
Blessed with wind and solar resources, renewable energy companies are clamouring to take part in the bounty of NSW amid a global oil crisis. More than 15 projects worth a total of $34.4 billion in potential investment are being looked over at the newly established Investment...
Young women consider owning a house less of a priority than men their age, with many citing affordability and not being able to qualify for a mortgage as major barriers. Women in both the millennial and generation Z age groups consider property ownership less important than...
Australians are buying fewer cars but more electric models, with sales of the low-emission vehicles more than doubling in a month to set a record. By contrast, new petrol-powered vehicles experienced the greatest slowdown in sales during February and hybrid cars stalled after months of growth. The...
Labor faces a push for a parliament inquiry into Australia’s underperforming gas tax amid growing calls to make fossil fuel multinationals pay a larger share. As Treasurer Jim Chalmers mulls tax reform to make the economy more productive and fairer for younger generations ahead of the...