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 […]
economy
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 […]
As the Easter bunny prepares to hop into town, Australians are gearing up for a celebration filled with chocolate eggs, feasts, and quality time with loved ones. Despite facing a cost-of-living crisis, nearly two in three Aussies are planning to embrace the spirit of the season, with expectations to collectively […]
Millions of Australians have less than a grand to their name and about 3 in 4 say they are stressed with their current financial situation. A recent study conducted by the comparison website Finder has unveiled concerning statistics about the financial situation of Aussies, shedding light on a stark contrast […]
The federal and Northern Territory governments have just made a “historic” funding announcement of about A$1 billion for schools in the territory. This includes an extra $737.7 million from the federal government and an extra $350 million from the NT government between 2025 and 2029. This would make the NT only the […]
Australia’s largest export, iron ore, has long been a powerhouse of economic growth. Over the past two decades, its contribution to our national income has surged from just A$8 billion in 2005 to over A$124 billion today. But the Australian iron ore industry faces a major challenge as its biggest customers – China’s steel mills […]
