Expenses for families with a child aged younger than five are 27 per cent higher than in 2021, according to research that shows they are suffering most from the cost-of-living crisis. While headline inflation has fallen to 2.8 per cent, daily out-of-pocket childcare costs are still...
Retirees might be more inclined to use super for its intended purpose – income for retirement – under a proposal to tax oversized withdrawals. Four actuaries have waded into the ever-contentious tax debate with a discussion paper thrashing out opportunities to make the super system simpler...
Businesses can look forward to less red tape as a state government prepares to axe half its regulators, but they shouldn’t hold their breath for tax changes. The plan, which could save businesses $500 million over five years, was launched as part of the Victorian government’s...
One million Australians and New Zealanders will be offered AI training over the next two years in a campaign to encourage the workforce to use the technology, and, in some cases, help workers keep their jobs. Microsoft announced its national education initiative on Wednesday, building on...
The improved energy efficiency of new homes has been revealed, sparking calls for politicians not to water down building standards that would result in steeper electricity bills for residents. The typical house built in 2010 or later is twice as energy efficient as one built before...
Voters are being warned to be vigilant about the growth of artificial intelligence-enabled political content on social media before the next federal election. The Australian Electoral Commission has warned AI-generated disinformation content, such as deepfake videos or robocalls from politicians, could be legal under current regulations. AAP...