Immigration is shaping as one of the most potent policy issues of the election campaign. Opposition Leader Peter Dutton has announced a Coalition government would cut the two major migration programs – permanent and net overseas. He has directly linked the number of people coming into the country to high house prices, […]
economy
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 […]
Treasurer Jim Chalmers will bring down the federal budget on Tuesday. It’s likely most of the major spending initiatives have already been announced. An extra A$8.5 billion in spending on Medicare will aim to ensure nine out of ten GP visits will be bulk billed by 2030. Queensland’s Bruce Highway is to […]
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 […]
As Kamala Harris and Donald Trump prepare to face off in November’s election, the contrast in their policy platforms becomes increasingly clear. With key issues like immigration, healthcare, economic growth, and climate change at the forefront, both candidates offer sharply different visions for America’s future. Here’s a closer look at […]
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, […]
