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
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
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
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
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
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
Wages growth is remaining steady in Australia despite growing inflationary pressure and geopolitical uncertainty.
The latest CommBank Wage Insights series, released this
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
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
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