The ideal holiday is a deeply personal experience tailored to the unique needs, preferences, and circumstances of everyone. While our differences mean that no two perfect holidays are identical, there is a common thread: the need for a physical and mental break. Whether we’re escaping to...
Retirees should be offered a lifetime pension from the federal government, drawn from their savings, in order to make the superannuation system simpler, a report has urged. The Grattan Institute report on superannuation has recommended retirees use a portion of their super balance to buy an...
Australia’s jobs market continues to show “remarkable” resilience with stronger than expected employment growth tempering hopes of a February rate cut. About 56,000 jobs were added to the economy in December, the Australian Bureau of Statistics reported on Thursday, well above market expectations of 15,000 new...
The treasurer has poured cold water on any new taxes, saying Labor is focused on targeted cost of living relief. Asked whether Labor would bring any new taxes to the upcoming federal election, Jim Chalmers said, “no, our focus is on the tax changes that we’ve...
Growing uncertainty will haunt the global economy as policy shifts threaten to reignite inflation, the International Monetary Fund warns. In its biannual update on the global economic outlook, the United Nations financial agency predicted central banks around the world would bring interest rates back to normal...
Lifting unemployment benefits increases the average time job seekers spend out of work, research reveals, challenging assertions COVID-era support payments did not discourage people from looking for jobs. The $550-a-fortnight JobSeeker Coronavirus Supplement reduced job-finding by 19 per cent, the study released on Tuesday by non-partisan...