Workers being able to access their superannuation early would destroy their retirement earnings, the treasurer has warned, following calls by Pauline Hanson. The One Nation leader has called for a relaxation of rules that would allow people to withdraw their super in times of crisis to...
A dive in new home loans to property investors is an “encouraging sign” Labor’s changes to negative gearing and the capital gains discount are working as intended, Treasurer Jim Chalmers says. The number of investor loans fell 8.6 per cent in the June quarter, while first...
Social media companies do not know how many Australian teenagers remain on their platforms months after the introduction of laws banning those under 16. Meta, Snapchat, TikTok and Google on Friday appeared before a Senate inquiry considering legislation to impose bigger fines on tech giants failing...
The surge in artificial intelligence investment and Australia’s sluggish productivity growth rate are forcing the Reserve Bank to keep interest rates higher, a top central bank official says. Speaking two days after the RBA kept the cash rate steady at 4.35 per cent, assistant governor Chris...
As a kid, Emma Willliams’ favourite dinner was McDonalds. But now a mum-of-two with a backyard full of chickens, she’s desperate for her family to avoid packaged foods and is making it her mission to minimise food waste. “I find it really hard to waste food and...
When you are young, retirement can feel like a distant destination—something to think about after the mortgage is paid, the children have grown and your working life begins to slow down. Yet, looking back from the age of 70, 80 or beyond, it becomes clear...