Support for federal Labor has plunged to its lowest levels on record since the last election, while Anthony Albanese retains his lead over Peter Dutton as the preferred Prime Minister. The latest Newspoll, published by the Australian, shows Labor’s primary vote fell a point to 32 per cent since February.Continue Reading
Small businesses in Queensland can nab a $12,500 rebate to install energy efficient equipment in a $16m cost-of-living move to help them stare down the twin pressures of high interest rates and rising input costs. Premier Annastacia Palaszczuk made the announcement at her annual State of the State address inContinue Reading
Homeowners and tradies have been left reeling by the news that yet another construction firm has collapsed, leaving them thousands out of pocket. On Monday, NSW building company Allura Homes Pty Ltd went into liquidation. The firm, which was based on Sydney’s lower north shore in Lane Cove, had 39Continue Reading
An online alcohol retailer has collapsed, just a month after announcing it was up for sale. Victoria-based retailer Gintonica, which specialises in Australian craft gin, went into insolvency on June 21, according to an announcement by ASIC. David Ross from I&R Advisory has been appointed as administrator. Customers with activeContinue Reading
The world is hurtling towards a recession, with the risks skyrocketing for richer nations – including Australia. That’s according to the International Monetary Fund (IMF), which issued to the dire warning in its World Economic Outlook update for April. It explained that the dangers of a downturn had soared forContinue Reading
Australia’s lowest paid workers could soon be in line for a pay rise as the government indicates it will back a push for the minimum wage to increase in line with inflation. Prime Minister Anthony Albanese, who declared he “absolutely” supported an increase during last year’s federal election, told reportersContinue Reading
Despite the crisis in banking which many have put down to interest rate rises, they’re still going up. The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector. TheContinue Reading
A prominent economist has warned Wednesday’s rise in inflation would likely see the Reserve Bank of Australia lift its cash rate on February 7. Increasing for the fourth consecutive quarter, the Consumer Price Index (CPI) saw a year-on-year increase of 7.8 per cent, the highest annual increase since 1990. ChiefContinue Reading
Australians are expected to take a hit to their finances just before Christmas with the Reserve Bank of Australia tipped to raise interest rates again. In the final decision for 2022, the RBA could push rates up further for the eighth consecutive month, after hikes began in May from aContinue Reading