Older Australians will be able to use their retirement savings more effectively under a government push to improve the quality and transparency of superannuation. The federal government will improve resources on its financial advice website Moneysmart and bolster regulations around innovative income streams, which will give...
Lower iron ore prices and a slackening jobs market will weigh on the budget bottom line, the federal treasurer has warned ahead of the mid-year economic update. Jim Chalmers has played down the size of revenue upgrades, citing structural challenges in the Chinese economy dragging down...
As political parties squabble over wiping university student debt, new figures show paying off a HECS loan may impact graduates’ borrowing power for a mortgage by almost $100,000. Research from Compare the Market revealed a university student paying off an average HECS debt of almost $26,500...
The vast majority Australians still view multiculturalism and immigration favourably despite growing concern about the number of new arrivals. Almost half of those surveyed in the 2024 Scanlon Mapping Social Cohesion report said migration into Australia was “too high”, up sharply from 33 per cent last...
A device being developed in Australia could connect electric vehicles to the national electricity grid and let their owners reap the financial rewards. Brisbane-based RedEarth Energy Storage announced a partnership with German firm Ambibox on Monday in a bid to produce the first locally made vehicle-to-grid...
“Social rewilding” has been named the top trend of the year as more Australians choose to date in person rather than in apps, cut back the time they spend online and support social media bans for children. More Australians are also growing impatient with experiences both...