Holiday at home - Newsreel

Households cut back on recreation and travel spending

It looks like holidays at home this year as high fuel prices and economic uncertainty start to bite family recreation and travel plans. The Commonwealth Bank’s
Read more
Woman waiting for electric car to charge in the parking lot at sunset

A new dawn is approaching for electric vehicles

By Hussein Dia This week’s Federal Budget suggests an important step in Australia’s transition to cleaner energy and electric transport may be underway. Spiking
Read more
Jenny Wong CPA Australia Tax Lead

Budget described as a ‘tax grab that kills aspiration’

A peak accounting body has described the Federal Budget as a “tax grab” that kills aspiration and shifts the tax burden to middle Australia. CPA Australia says the
Read more
Couple managing the debt unable to pay out loans

Albanese uses big majority to ignore missing mandate

By Michelle Grattan The tilt of this budget was, when you think about it, predictable. The Albanese government has used the first budget of its second term to do what
Read more
Canadian Prime Minister Carney Visits Canberra

A workable budget but with significant risks

By Stephen Bartos This year’s budget combines fiscal policy – taxes and spending – with a heavy focus on better regulation. The budget deficit has fallen slightly
Read more
Albanese Government Delivers 2024 Budget

Federal Budget addresses world ‘throwing a lot at us’

The Federal Government has released its 2026-27 budget, complete with changes to Capital Gains Tax and Negative Gearing and cuts to the NDIS. Below is a summary of the
Read more
Happy man looking at document while working on laptop from home at living room

Wage growth steady despite inflation blow-outs

Wages growth is remaining steady in Australia despite growing inflationary pressure and geopolitical uncertainty. The latest CommBank Wage Insights series, released this
Read more
Young asian girl feels upset and isolated while her flatmates celebrating party at home indoors

Two-thirds of migrant employees are being underpaid

A new study has exposed chronic underpayment of migrant workers with two-thirds being paid below award rates and 36 percent below the minimum wage. This amounts to an
Read more
Unemployment

RBA sends clear but uncomfortable signal to households

By Stella Huangfu The Reserve Bank of Australia (RBA) has lifted the official cash rate by another 25 basis points, the third hike this year as it struggles to keep
Read more
QFI Forum 2

Queensland home ownership falls to historically low levels

By Shane Rodgers Queensland has one of the nation’s lowest levels of home ownership in a market grappling with cost pressures, mismatched supply and low rental
Read more