For the first time in its 124-year history, Treasury will be led by a woman. Jenny Wilkinson’s appointment is historic in its own right. Even more remarkable is the fact she joins Michele Bullock at the Reserve Bank and Danielle Wood at the Productivity Commission. Australia’s three most powerful economic institutions […]
Economy
When it comes to household chores, Australian men are living in a parallel universe — and women are paying the price, literally. A bombshell new report by Finder has laid bare the financial fallout of unpaid domestic labour, revealing that one in three partnered women are still doing the lion’s […]
US President Donald Trump singled out Australia’s beef trade for special mention in his announcement that the United States would impose a 10% global tariff as well as “reciprocal tariffs” on many countries. In a long speech in the White House Rose Garden, Trump said: “Australia bans – and they’re […]
The ripple effects of the current economic crisis are redefining relationships, reshaping spending habits, and driving a shift toward underconsumption. As Australians navigate mounting financial and social pressures, these changes are leaving a lasting impact on personal connections and consumer behaviour. As the country grapples with the cost-of-living crisis, its […]
The wealth gap in the United States has reached staggering proportions, with a small number of people amassing fortunes that dwarf the average American’s lifetime earnings. At the forefront is Elon Musk, whose net worth of $244 billion USD, driven by his groundbreaking ventures in Tesla and SpaceX, makes him […]
Millions of Australians are overspending to keep up appearances, often beyond what they can afford, according to new research by comparison website Finder. Social pressure, made worse by social media, is causing many to face serious financial problems. A survey of 1,062 people revealed that 30% – or 6.3 million […]
A panel-style conversation will bring together African candidates running in local council elections across Victoria, offering a platform for them to share their vision and priorities for their communities. The event, taking place this Saturday October 5, will be facilitated by journalist Mibengé Nsenduluka, Founder of The Back Cover. It […]
A central focus of this week’s budget is the treasury’s forecast for inflation. By this time next year, inflation is projected to be back within the Reserve Bank’s 2-3% target range. Inflation has dropped dramatically from its peak of 7.8% just 18 months ago, but the last mile – getting from the present […]
About 1 in 5 Australians, equivalent to 4.2 million people, believe that lying to a partner about finances is worse than having an affair. New research by comparison website Finder uncovered a significant generational divide, with Baby Boomers leading the charge in their apprehension towards financial fibs within relationships, standing […]
The Albanese government will tell the Fair Work Commission it should ensure the real wages of low paid workers do not go backwards. In its submission to the Annual Wage Review, the government stresses the July 1 tax cut should be on top of the wage increase for these workers, […]
