Prime Minister Anthony Albanese vowed to make cost-of-living front and centre of his government’s priorities in 2024 after acknowledging what shaped up to be a tough year for many Australians. In a New Year’s Eve message, Mr Albanese relayed a suite of relief measures he intended to push forward inContinue Reading
New research by the Australian Bureau of Statistics has revealed the income of a typical Australian. The ABS reviewed personal income tax data from the 2020-21 financial year and found the median income in Australia was $54,890, pre-tax, up 4.9 per cent on the previous year. Their assessment included allContinue Reading
DAMASCUS: Nearly four million Syrians students in government-controlled areas returned to school Sunday, braving the effects of war, a devastating earthquake and a deep economic crisis.But many children do not have classrooms to go to in a country where many educational facilities have been damaged or destroyed and 90 percentContinue Reading
China’s biggest property developer is on the brink of ruin after revealing a record first-half loss of $A11 billion. Country Garden was previously named by Forbes as one of the 500 largest companies in the world and until recently, boss Yang Huiyan was one of the richest women in Asia.Continue Reading
The US banking crisis is far from over, with more banks slated to collapse in coming months as the global economic outlook worsens. Over in the US, the debt ceiling crisis has occupied the minds of global and local economists in recent weeks but the banking crisis is also stillContinue Reading
Archaeologists in Egypt have discovered more than 2000 ancient mummified sheep heads left as offerings in a temple to the pharaoh Ramses II, the tourism and antiquities ministry said Sunday. Mummies of dogs, goats, cows, gazelles and mongooses were also exhumed by a team of US archaeologists from New YorkContinue Reading