Australia’s economic recovery has been faster and better than expected, with stunningly low unemployment and soaring commodity prices, but what comes next is unclear. The latest Deloitte Access Economics Business Outlook warns the current growth won’t last. “We’ve ridden the current wave spectacularly well, but it has...
This winter’s flu season is likely to hit Australians hard because of the reduced exposure to the virus over the past two years and low vaccination rates. The Royal College of Pathologists of Australasia is warning it’s likely to be a bad flu season because of...
Fake websites advertising on social media platforms are charging for free government services and then not providing them. The Australian Taxation Office has received an increase in reports about the fake sites offering to provide tax file numbers or Australian business numbers for a fee, then...
The annual rate of inflation has soared to its highest level since 2001, fuelled by rising petrol prices and higher dwelling construction costs. The Australian Bureau of Statistics said the consumer price index for the March quarter surged 2.1 per cent for an annual inflation rate...
CHANGES TO CONSUMER PRICE INDEX IN MARCH QUARTER: Quarterly change (followed by annual change in brackets) * Consumer Price Index – up 2.1 per cent in quarter (up 5.1 per cent annually) * Food and non-alcoholic beverages – up 2.8 per cent (up 4.3 per cent) * Alcohol and...
Taxpayer handouts given to buyers who own two or more investment properties would be scrapped by the Greens as Australia continues to grapple with housing and cost of living crises. New independent data shows more than 10 per cent of houses in some electorates are owned...