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
Graduates in Anthony Albanese’s inner-western Sydney electorate have some of the highest student debts in the country, but a Greens-held seat has topped the charts, new analysis has revealed ahead of annual indexation taking effect this weekend. Data from the Parliamentary Library, commissioned by the Greens, shows the average studentContinue Reading
Treasurer Jim Chalmers will hand down his second full-year budget on Tuesday, vowing to shore up the economy’s near-term growth and deliver cost of living relief without adding to inflation. “This is not the time for scorched earth austerity … this is not the time to slash and burn inContinue Reading
Thousands of Woolworths employees will get a four-day week if the peak union secures a proposed agreement with the supermarket. Under a new addition to the latest enterprise agreement, workers would be able to complete their 38-hour workload over four days – resulting in 9.5 hour shifts. More likely thanContinue Reading
As the competition watchdog begins probing a planned mega merger between two pharmacy giants, critics warn Australian consumers could end up paying dearly for the move. In December, it was announced Chemist Warehouse and Sigma Healthcare, which owns brands like Amcal and Discount Drug Store, would join forces to becomeContinue Reading
In a bid to bolster their pay packets, Australians are working harder and longer, but not smarter and it’s leading to a productivity nosedive, fresh analysis has revealed. A new report, released by the Productivity Commission on Friday, has revealed while Australia has experienced a record breaking increase in theContinue Reading
Australians have had their first real wage increase since 2021, with the mining sector coming out on top as the highest earners. Average weekly ordinary time earnings for full-time adults has increased by $81 a week over the past year. The average weekly salary for Australians reached $1888.80 in November,Continue Reading
Australians who will miss out on generous tax cuts aren’t mostly wealthy company bosses or bankers, but ordinary hardworking tradies and small business owners, one economic commentator argues. Prime Minister Anthony Albanese today confirmed the government will water down Stage 3 tax cuts, taking money from those on higher incomesContinue Reading
A simple calculation has revealed the reality that many Australians can’t borrow as much as they are expected to pay in rent. A post in a group aimed at Aussies sharing their plights during the rental crisis has accrued hundreds of comments after a man revealed that he used aContinue Reading
An Aussie real estate agent’s thoughtless post has exposed how much they are willing to let tenants spend on rent. In a Facebook group dedicated to property managers, an anonymous member asked their fellow agents if they still use the 30 per cent theory to evaluate if someone can affordContinue Reading