Stark forecasts for home prices across the country are tipping mammoth growth in the next three years, according to a leading economics firm. House prices in Sydney are predicted to reach an average of nearly $2 million by 2027, thanks to anticipated rate cuts and a supply shortage, research byContinue Reading
The ACTU will push for a pay hike of 5 per cent in the upcoming annual wage review, arguing that an inflation-beating pay increase can be afforded by businesses when profits are surpassing their pre-pandemic levels. But the ACTU’s claim will be met with fierce resistance by employers, while theContinue Reading
Australian workplaces are set to force their employees back to the office in greater numbers this year, despite the recent rise of “hybrid” arrangements that have people frequently working from home. “We have seen a number of organisations recently introduce new measures to drive people into the office,” Jo Masters,Continue Reading
Prime Minister Anthony Albanese has refused to reveal details of the government’s planned cuts to overseas migration on the eve of a massive overhaul of the “neglected” and “broken” system. The government will next week reveal its new Migration Strategy following a “once-in-a-generation” review of the immigration system by formerContinue Reading
Just about everywhere you look, there are worsening signs that Australia is no longer the lucky country. From record-high rents to skyrocketing mortgages, a cost-of-living crisis to the alarming emergence of a ‘working poor’ population, the country faces an unprecedented storm of factors putting pressure on millions of people. AndContinue Reading
Skyrocketing supermarket prices and surging airfares have been examined in a union-backed inquiry into allegations of price-gouging by business. The nation’s peak union body, the Australian Council of Trade Unions, is currently conducting the probe which is led by former competition tsar professor Allan Fels. Fels was the inaugural chairContinue Reading
A Liberal MP who broke ranks over opposition to the Voice has urged Australians not to vote for “parties” at this year’s referendum and rubbished claims the advisory body would have any extraordinary powers. Sydney MP Julian Leeser resigned as opposition spokesman for Aboriginal affairs earlier this year following theContinue Reading
New images have captured the stark reality for homeowners who, faced with a worsening cost-of-living crisis, have been priced out of big cities. The latest Regional Movers Index revealed migration to Australia’s regional centres was up 7.9 per cent in the first three months of the year. The rate atContinue Reading
An iconic drive-in cinema – once crowned the largest in Australia – has been demolished after almost seven decades of operation. Onlookers captured footage of the moment an excavator tore down the large cinema screen at the Lunar Drive-in, located in Melbourne’s southeast. The video, posted to Reddit with theContinue Reading
A white mother is suing one of the United States’ biggest airlines, claiming it accused her of trafficking her black daughter. Mary MacCarthy, of Los Angeles, filed suit Thursday against Southwest Airlines for “blatant racism”. The mother is seeking to change Southwest’s training and policies, after she suggested the airlineContinue Reading