The local share market has recovered most of Tuesday’s sharp losses after Wall Street showed resilience overnight following the Bank of Japan’s surprise move on bond yields, giving hope to traders holding out for a “Santa rally”. The benchmark S&P/ASX200 index closed Wednesday up 90.8 points,...
To prepare for retirement, there’s forced savings in the form of social security, such as superannuation. Other options to arrange for a secure financial future are savings in the bank, investments and insurance. These days, preparing for retirement has become more challenging because of people’s longer...
In today’s economic climate, it’s increasingly common to help your child with their first home. In this article, we’re going to look at three options to help you do this. Why not take a look at the pros and cons of each and choose the one that’s...
One of the foremost questions on people’s minds today: Is it safe to book a holiday abroad for 2023? While countries have opened their borders to travellers and tourists, there are still certain restrictions in place. That being said, if you plan to embark on overseas travel...
Business confidence has veered into negative territory for the first time this year as an uncertain economic outlook ratchets up concern. Conditions for running businesses remain robust, but the gap between confidence and conditions has grown to its widest ever recorded in NAB’s business survey. Manufacturing, construction...
A former Reserve Bank governor has joined more than 100 economists and tax experts to call for an overhaul of the stage three tax cuts. Former RBA governor Bernie Fraser, Nobel Prize-winning economist Joseph Stiglitz and former Australian Competition and Consumer Commission chair Alan Fels are...