Australian couples buying their first home are taking up to eight years to save for a deposit as rising property prices and low wage growth make saving a struggle. The time taken for young couples to gather a house deposit has increased by 11 months on...
Business groups believe the Morrison government is taking a “smart approach” to deregulation with a budget proposal to reduce red tape, while improving the cash flow for small businesses. In the latest measure to emerge from his pre-budget blitz, Treasurer Josh Frydenberg announced a reduction in...
Scott Morrison has hinted the government could soon wind back spending measures ahead of the upcoming federal budget. Speaking to reporters in Perth on Wednesday, the prime minister said the government aimed to return the country’s balance sheet back to where it was before the pandemic. “Labor...
Strong demand for workers should stoke wage demands with the unemployment rate already at a historic low level and destined to go even lower. Demand for skilled workers continues to accelerate, with the National Skills Commission saying job advertisements posted on the internet rose by a...
Measures to address cost of living concerns will be a key component of the upcoming federal budget, according to the prime minister. With less than a week until the 2022/23 budget is handed down, Scott Morrison said work was being finalised on ways to address the...
A physically and emotionally “spent” Ash Barty has revealed she’s been wrestling with retirement ever since winning Wimbledon last year. Aged just 25, the world No.1 delivered the bombshell announcement on Wednesday that she was walking away from tennis just two months after her hoodoo-busting Australian...