Energy market intervention has been defended at a parliamentary hearing, despite another round of price hikes for many in the coming year. Treasury Secretary Steven Kennedy said he did not believe the success of gas market intervention over the past nine months would deter investment in...
Treasury says excessive corporate profits are not fuelling inflation, except in the mining sector. Weighing in on a recent debate, the department sided with the Reserve Bank of Australia and agreed profits were not significantly driving up consumer prices. Treasury official Sarah Hunter said the department had...
From 1 July 2026, employers will be required to pay their employees’ super at the same time as their salary and wages. Currently, employers are only required to pay their employees’ super entitlements on a quarterly basis. The start date will provide small business employers, super funds,...
More than two-thirds of Australian organisations have embraced artificial intelligence but many executives are largely ignorant of existing laws governing their use, according to a new report. Artificial intelligence is fast becoming an essential part of business across all sectors in Australia, but most companies are...
HOW AUSTRALIA’S POPULATION IS MOVING: * Flows from capital cities to the regions increased by 7.9 per cent in the March quarter, the third highest level since the Regional Movers Index began in 2018 * Relocations from regional areas to capital cities are bouncing back after the...
While most people are aware of the importance of regular aerobic exercise, the significance of resistance training (aka weight or strength training) is often overlooked. It’s recommended that adults engage in at least two 20- to 30-minute resistance training sessions per week, besides aerobic activities. If...