Wages growth continues to decelerate, falling to 3.2 per cent in 2024 and adding to the case for more interest rate cuts. While bad news for workers, the Reserve Bank of Australia will be encouraged that the tight labour market does not appear to be contributing...
The Reserve Bank of Australia has cut interest rates for the first time in more than four years but mortgage holders might have to wait a while before more relief comes down the pike. Mortgage lenders including all four big banks immediately promised to pass the...
It is said that nothing in this world is certain, except death, taxes and scare campaigns about death taxes. Inheritance taxes were abolished in Australia in the late ’90s, even though they are proven to reduce inequality and are more efficient than other existing taxes. Despite the...
Foreign investors will be banned from buying existing properties for at least two years in a move the government says will make it easier for Australians to buy a home. But the restriction, which replicates a policy announced by the coalition, will capture less than 0.4...
Australian jetsetters could soon be given more flight options to the Middle East as the consumer watchdog clears the runway for a deal between Virgin and Qatar Airways. The Australian Competition and Consumer Commission (ACCC) is set to grant authorisation for an alliance between the two...
Love-seeking singles often attest to a dating scene riddled with drama and disappointment. Experts offer them a glimpse of the tough reality facing Australians seeking their ideal relationship online in the wake of a Valentine’s Day spent alone. Users on the likes of Hinge, Tinder and Bumble...