Nearly one million Australians could receive a festive season boost to their bank balance, as the government tries to return $234 million in unclaimed Medicare benefits. On average, these Australians are missing out on about $240 but could reclaim the money within three days by updating...
Lower-income households continue to bear the brunt of the cost of living crisis although more families in higher income brackets are starting to feel the pinch A National Australia Bank survey found a sharp jump in the number of higher-income individuals reporting financial hardship across the...
The next phase of a major shake up to the Reserve Bank of Australia has kicked off with Treasurer Jim Chalmers introducing changes to parliament. A dual-board set up is one of the major reform items, with the plan to have one for making interest rate...
A deal to strengthen taxes on empty homes has been struck between the Victorian government and the Greens. An upper house vote on changes to Victoria’s vacant residential land tax was put on ice earlier this month when the Greens and the coalition refused to back...
Spending weakened last month and by more than expected as consumers hung back to pounce on deals during the Black Friday sales. Retail sales as measured by the Australian Bureau of Statistics fell 0.2 per cent in October, a softer result than the 0.1 per cent...
Thousands of Australians seeking to buy a home will soon get assistance with laws due to go to federal parliament. The “help to buy” laws to be introduced this week will support 40,000 eligible home buyers with an equity contribution of up to 40 per cent...