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Aussie retirement savings set to be second only to US

Australia’s collective retirement nest eggs will become the second largest in the world in less six years, according to new analysis. Super Members Council (SMC)

What the bulk billing announcements mean for patients

By Stephen Duckett Labor has foreshadowed a major Medicare change to address the falling rate of bulk billing, with an $8.5 billion election announcement. The Government

Annual wage growth drops to 3.2 percent

Recent wage growth has slowed, with increases returning to 2022 levels. Data released by the Australian Bureau of Statistics (ABS) today showed the Wage Price Index

RBA cuts rates but cautious about “further easing”

The Reserve Bank of Australian cut the cash rate by 25 basis points, to 4.10 percent, at its Board meeting today. In its Statement after the meeting, it said inflation

Capped interest rate call for first home buyers

An interest rate cap for first-home buyers would provide a much needed boost to those struggling to enter the housing market, according to the Property Council. Chief

Williams new Queensland Under Treasurer

A 30-year veteran in the banking and property industry has been appointed to lead Queensland Treasury. State Treasurer David Janetzki said Paul Williams, the current

Don’t accept band-aid solutions in election campaign

By Dr Ashley Craig Australia heads towards a federal election campaign facing enormous economic challenges and we’re dangerously complacent because of decades of

Australia places a $535m price tag on love

Spending on Valentine’s Day gifts in Australia this year is tipped to pass $500 million for the first time. Research from the Australian Retailers Association (ARA)

Rising rate of investment loans stalls

New investment loans have fallen for the first time in almost two years. New data from the Australian Bureau of Statistics (ABS) shows the number of investment loans for

Kiwi plan not a super idea for Aussie housing crisis

An analysis of New Zealand’s super for a house scheme has prompted the local superannuation industry to urge caution in implementing a similar plan in Australia to

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