The Albanese government’s proposed superannuation overhaul will stop troubling practices such as surgeons pressuring patients to raid their super to fund cosmetic surgery, the assistant treasurer says. Stephen Jones defends the government’s suggested definition for superannuation that would limit early access to super and preserve the...
Australian businesses will be able to dip into a $62 million pool to help them become more energy efficient and reduce greenhouse gas emissions. The grants of between $10,000 and $25,000 are also expected to help take pressure off power bills once the projects take effect. Small...
The treasurer wants to start a conversation about the future of superannuation concessions that burden the federal budget, but hasn’t changed his position on tax reform. Jim Chalmers said the government can’t ignore the cost of super tax concessions as the budget faces other pressures. “We’ve got...
Staying active throughout adulthood could help stave off dementia though even smaller bouts of exercise may help, British research suggests. A long-term study found that people who exercise as they age are more likely to have good brain health than those who take up an activity...
New generation, transmission lines and energy storage are needed to keep the lights on in homes and businesses as ageing coal power plants shut down. In a national electricity market update released on Tuesday, the Australian Energy Market Operator warned the reliability of the electricity grid...
The Victorian Greens are joining calls to regulate the short-stay accommodation industry, as poor housing supply fuels staff shortages across the nation. The sector is almost entirely unregulated, the party’s renters’ rights spokeswoman Gabrielle de Vietri said. “Investment properties are being turned into mini hotels at the...