The start of the new financial year is just around the corner, and as always there are a raft of big changes kicking in. “The end of the financial year always brings with it the opportunity to get your finances in order,” said Sarah Megginson, personal finance expert at comparisonContinue Reading
A jaw-dropping post in a private Facebook group for landlords has sparked fury from a prominent renter advocate, who says it exposes the true nature of Australian property investors. A member of the closed ‘Landlord’s (sic) Victoria’ group shared a post encouraging fellow investors to “be united” by colluding toContinue Reading
A Melbourne woman who died shortly after a surgical abortion underwent the procedure for financial reasons, a spokesperson for her family has said. Mum-of-two Harjit Kaur attended the Hampton Park Women’s Health Clinic on January 12 to have a surgical termination. According to the 30-year-old’s family, soon after the operationContinue Reading
One in every 13 Australian hospitality businesses faces failure within the next 12 months as discretionary spending dries up. Australian credit reporting firm, CreditorWatch, has found 7.45 per cent of food and beverage businesses are forecast to fail in the next 12 months. Business-to-business payment defaults have rocketed to aContinue Reading
Australia’s peak social equality advocacy body says the federal budget handed down on Tuesday fails to address the needs of the poorest people. The Australian Council of Social Services, after analysing the financial impact of the budget’s cost of living supports on various family types, argued it unfairly targeted theContinue Reading
Anthony Albanese has defended his decision after the tenant living in the Prime Minister’s investment property went public with his rental plight. Mr Albanese is planning to sell his Dulwich Hill three-bedroom home due to “changes in personal circumstances” – namely his impending wedding with Jodie Haydon – which smallContinue Reading
NSW Premier Chris Minns says the federal budget was ‘tough’ for the state, but promised to fight to ensure Australia’s most populous state receives a larger share of the GST carve-up. Compared to the December mid-year economic update, NSW will receive $1.3bn less in GST revenue by 2026-27, and despiteContinue Reading
All Australian households will receive cost of living relief in Tuesday’s federal budget, as Treasurer Jim Chalmers promises to strengthen the economy with the bold Future Made in Australia plan. In his own personal Oprah moment, the treasurer has delivered a tax cut for every Australian, a boost in welfareContinue Reading
Treasurer Jim Chalmers is betting a $75 quarterly rebate will be enough to calm household anger about rising power bills and the cost of living crisis, as the federal government gears up for an election in the next 12 months. Hamstrung by persistently high inflation, Labor is hoping voters willContinue Reading
When I moved back to Britain, my home country, for four months last year, to say things were bad is an understatement. In that time, the country had two prime ministers, two monarchs and four education secretaries. Elitist, offensively out of touch, privately educated MPs squabbled over the optics ofContinue Reading