Australia’s commodity windfalls are masking growth in spending and new budgetary measures could be “mildly inflationary,” major ratings agency S&P says. S&P Global Ratings, which has had a AAA rating on Australia since February 2003, noted a small forecast surplus for this financial year, and a...
THE BUDGET Budget surplus of $9.3 billion in 2024/25 Commonwealth net debt to rise to $552.5 billion (20 per cent of GDP) in 2024/25 Economic growth to rise to two per cent in 2024/25 Unemployment rate to rise to 4.5 per cent in 2024/25 Inflation as measured by Consumer Price...
BUDGET WINNERS AND LOSERS WINNERS Lower income households – more energy bill assistance on the way Small businesses – energy bill rebates and extension of asset write offs Renewable and other energy companies – tax breaks and other incentives for investment Renters – second year of increases in Commonwealth Rent...
Here’s an introduction to some of the top legal terms commonly used in Australia, presented in a list format. Understanding these terms can be very helpful in navigating legal documents or discussions. Top 10 Legal Terms Used in Australia Plaintiff – The person or entity who initiates a...
Work-life balance is a highly personal and continuously evolving quest. It’s about managing your professional and personal lives in a way that minimizes stress and maximises well-being. This balance isn’t one-size-fits-all; what works for one may not work for another. Recognising this variability, here are ten...
If you’re an Australian or British retiree, retirement is the perfect time to travel the world and explore the places you’ve always wanted to see. Travelling may lead to much more than just a relaxing vacation, too. Seeing the world in your 50s, 60s, and beyond...