Unexpected inflation spike dampens rate cut hopes Traders have scaled back their hopes for a second straight Reserve Bank rate cut after inflation unexpectedly surged in July. The monthly consumer price index skyrocketed from 1.9 per cent to 2.8 per cent, wrong-footing economists who had predicted the...
Memories of those who have served and those who fell before the end of the Second World War have been carried forward, 80 years on. Services across the nation marked the Victory in the Pacific anniversary on Friday, with commemorations held at the Sydney Cenotaph, the...
Retirees still deserve concessional treatment on their superannuation, the treasurer says, despite mounting calls for an overhaul of the tax system. Jim Chalmers said fairness for younger generations needed to be considered as part of any change to taxes, following talks at the three-day productivity roundtable...
It’s “crunch time” for the Australian economy. Young Australians face the prospect of being the first generation to be worse off than their parents and Treasurer Jim Chalmers’ economic roundtable is crucial to ensuring that doesn’t happen. The generational bargain is in peril and policymakers need...
Retirement is a period most people eagerly anticipate. It’s that wonderful stage of life when you can finally unwind and spend your time as you please. You can even spend retirement focusing on the businesses you’ve been planning and have put off for so long. Your superannuation...
After years of dedicated work, countless hours spent behind a desk, or on the road, retirement for many Australians marks the beginning of a new chapter. No longer tied to the clock, retirees have the freedom to explore, create memories, and seek out new adventures. One of...