A growing number of Australians are struggling to make credit card repayments amid the cost-of-living crisis. An estimated 1.8 million people, equivalent to 13% of all credit card holders, have encountered difficulties in meeting their repayment obligations over the past three months, according to comparison website Finder. Of this group, […]
Economy
Millions of Australians have been dumped by a romantic partner due to their financial struggles amid the cost-of-living crisis. An estimated 16% of Australians, equivalent to a staggering 3.2 million people, have endured the pain of a breakup due to money troubles, according to comparison website Finder. Among the myriad […]
Australians have been hit by large rises in grocery, energy, transport, child and aged care prices, only adding to other cost of living pressures. While extreme weather and supply delays have contributed to the increases, an inquiry into what’s causing the hikes has confirmed what commentators and consumers suspected – […]
As the cost of living continues to rise, an increasing number of Australians are finding themselves relying on credit cards as a means to meet their financial obligations. Recent data unveiled by comparison website Finder shows that roughly 15% of Australians, totaling 3 million people, have turned to credit cards […]
Australians are losing billions of dollars by sticking with their current credit card providers. The average credit card holder carrying a balance could save more than $200 by making the switch, with potential nationwide savings estimated at $1.3 billion. New research by comparison website Finder shows that of the more […]
Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates are joining the BRICS alliance, according to South Africa’s Foreign Minister, Naledi Pandor. This decision follows their invitations, along with Argentina, at a summit held in Johannesburg last August, where they were invited to join existing members, namely Brazil, Russia, […]
Young workers under 18 years of age occupy a unique and poorly understood position in Australia’s labour market. They contribute to crucial industries and the economy, but are uniquely vulnerable. Compared to adults, child workers experience high rates of workplace injuries, bullying and sexual harassment, wage theft and unpredictable hours. […]
Dow Jones, a global leader in news and business information, has unveiled its latest innovation, the Risk & Compliance Financial Instruments. The new venture is poised to elevate and streamline pre- and post-trade investment screening in response to the escalating complexity of the regulatory landscape. The financial services industry faces […]
The prospect of a significant tax cut for low- and middle-income earners is gaining traction, with Australia’s federal opposition now contemplating support for the government’s controversial stage 3 tax cut policy. The revised plan aims to provide relief to every taxpayer amid the ongoing cost of living crisis. A person […]
A person on the average annual wage of $73,000 will get a tax cut of more than $1500 a year under Labor’s revamped tax policy – more than double the cut they’d have received under the Coalition’s legislated stage 3 plan. In the government’s dramatic recalibration of stage 3, the […]
