There are countless countdowns everywhere, whether it’s for Christmas or the new year, and yet, when the festive season happens, it always comes as a bit of a surprise. Some people experience a touch of panic and get lost in the holiday rush. Feeling unprepared and...
If there’s anything people learned from the recessions and global crises of recent past, it’s that no one is immune to economic upheavals. Even middle to upper-class families are at the mercy of their finances when misfortune strikes. This can come in the form of sudden...
Almost $10 billion in savings and spending changes have been clawed back as part of the mid-year federal budget review. The savings and reprioritisations include billions slashed from the federal infrastructure pipeline last month, the finance minister said on Tuesday. Katy Gallagher said the federal government was...
KEY CHALLENGES FOR AUSTRALIA’S ECONOMY * Economic growth is expected to moderate to 1.75 per cent in 2023/24 before recovering to 2.25 per cent in 2024/25 * Household budgets remain under pressure from elevated but moderating inflation and higher interest rates * Growth in real household disposable incomes...
Time’s up for businesses making dodgy or vague claims about being clean, green and sustainable. The Australian Competition and Consumer Commission on Tuesday released final guidance for clear and accurate environmental claims about products or services so that consumers are not misled. “Where a business has genuinely...
The federal government has been urged to lift welfare payments, with a new study finding a majority of people could not live on the current JobSeeker rate. Research from the Australian Council of Social Service and the University of NSW found 62 per cent of people...