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 […]
money
Why is Prime Minister Anthony Albanese suddenly so keen to deliver extra cost-of-living relief – keen enough to summon Labor members of parliament to Canberra for a briefing on Wednesday, followed by a National Press Club address on Thursday? One immediate reason is he is keen to make sure Labor wins the […]
Australians are collectively losing billions of dollars by remaining loyal to their existing utility providers. Researchers at comparison website Finder recently analysed costs associated with electricity, mobile, and broadband services and uncovered a staggering $4.5 billion paid in loyalty tax by Australians last year, roughly an average of $331 per […]
As the new school year approaches, Australian parents are bracing themselves for a significant financial hit, with school supplies alone estimated to cost an astonishing $3.5 billion for the upcoming academic year. A fresh set of school supplies, encompassing textbooks, stationery, and uniforms, will demand an average expenditure of $684 […]
As the holiday decorations come down, an estimated 7.7 million Australians, or 38%, are facing the harsh reality of Christmas debt. New research from comparison website Finder shows 15% of Aussies expect to take between 1 to 5 months to settle their holiday season expenses, while an additional 5% anticipate […]
Generation Z is putting pressure on banks to improve their customer service. Finance experts say a shifting landscape in consumer expectations is slowly unfolding, particularly among younger Australians, who are becoming increasingly pivotal for financial institutions. It comes amid a barrage of complaints and growing media scrutiny over everything from […]
A growing number of Australians are turning to credit cards to navigate the challenges posed by escalating living costs, new research shows. At least 15% of Australians, equivalent to 3 million people, have resorted to obtaining a credit card in the past 12 months, according to data released by comparison […]
An ominous fog of uncertainty has descended on Wall Street. The S&P 500 sits precariously close to the edge of the bear market cliff. Skittish investors scan the horizon for any glimmers of light through the gloom. Fearing the worst, many brace for impact as warnings of a full-blown stock […]
About 1 in 4 Australians are still waiting to be paid back for money lent to friends over the past 12 months as the cost of living crisis worsens, experts say. New research by Finder, Australia’s leading comparison website, sheds light on a widespread issue affecting 4.9 million Aussies who […]
As 2023 draws to a close, an air of cautious optimism is prevailing on Wall Street regarding stock market prospects in the upcoming year. Despite lingering risks, ranging from elevated inflation levels to political turmoil, analysts predominantly anticipate the ascent of equities in 2024. What fuels this positive outlook is […]
