$17.8 billion in superannuation is waiting to be claimed - Newsreel

$17.8 billion in lost super waiting to be claimed

More than $17.8 billion of superannuation is sitting unclaimed because funds are unable to find the owners. The Australian Tax Office said the amount included $471
Read more
Poor family having dinner. | Newsreel

Families go backwards each week as costs bite

Single working parents in Queensland have costs $150 above what they earn every week, according to a new report. The Queensland Council of Social Service’s (QCOSS)
Read more
Empty airport lounge. | Newsreel

Growth data reflects 90s recession numbers

The Australian economy grew slightly last quarter, with the annual growth rate the lowest in more than 30 years, excluding the pandemic. Latest data from the Australian
Read more
Container ship. \ Newsreel

Current account deficit balloons to $10.7b

Australia’s current account deficit is the largest in six years, according to the latest Australian Bureau of Statistics (ABS) data. ABS Head of International
Read more
Small business feeling heighten cash distress - Newsreel

Rising cash distress in small business

Small business owners are feeling rising levels of distress as their cash flows are threatened by creditors becoming insolvent and their own ability to meet
Read more
Strawberries. | Newsreel

Inflation eases despite fruit and vegetable pain

Inflation eased in July, with the monthly Consumer Price Index (CPI) at 3.5 percent, down from 3.8 percent in June, despite the largest annual jump in fruit and
Read more
Woman at grocery market checkout. | Newsreel

COVID cash more effective than super access scheme

Increased income support during COVID-19 was two times more effective at stimulating spending and reducing financial stress than the early release of
Read more
Young couple travelling. | Newsreel

Home ownership goal losing its appeal

Almost half of Australia’s young adults no longer list home ownership as a major life goal. New research from Macquarie University found young adults were delaying, or
Read more
Man filling up car with petrol. | Newsreel

City household fuel bills top $100 per week

The cost of transport for Australians rose by almost three times the rate of inflation last year, with most now paying more than $100 per week for fuel. New data from
Read more
Two women looking over paperwork. | Newsreel

Australia’s charitable nature trails other nations

While Australians will bequest more than $1 billion to charities this year, our rate of giving is less than many other wealthy nations. The latest Bequest Report from
Read more