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
New research has revealed exactly how much money Australians need to make before they feel rich – and it’s no small sum. Financial comparison website finder.com.au conducted a survey that determined people would need a salary of $345,819 before they felt affluent. Unfortunately, that’s considerably more than the average personalContinue Reading
A leading economist has weighed into the increasingly heated debate over Australia’s housing crisis, calling for a slowdown in immigration to allow time for supply to catch up with demand. Chris Richardson, independent economist and former Deloitte Access Economics partner, wrote in an op-ed for The Australian Financial Review onContinue Reading
A hot summer requiring gas to top up electricity generation coupled with power station outages risks triggering an LNG supply shortage, the competition watchdog has warned. A new report released by the Australian Competition and Consumer Commission (ACCC) found that although gas supply to Australia’s east coast market was expectedContinue Reading
Opening a bag of chips to find it only half full is always a disappointment, but it turns out the extra space actually serves a purpose. The “empty” part of the bag of chips actually keeps the products from going stale too quickly and from the damage of the fragileContinue Reading
Supermarket giant Coles will drop the price of more than 300 popular grocery products until after Easter in a massive win for households amid a cost-of-living crisis. The company said on Monday the second phase of its popular “drop and lock” scheme would begin on Wednesday in-store and online andContinue Reading