A recent KPMG analysis reveals a significant shift in property ownership among Australian generations. Although Baby Boomers are still the wealthiest generation, they no longer hold the most valuable property, …
Australia
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Over the past year, Australia has witnessed significant shifts in its cash usage and payment methods. Macquarie Bank took a notable step in May by becoming the first major Australian …
- Finance
Australian dollar plummets to its lowest level against the US dollar in nearly five years.
by adminThe new year has brought challenges for Australians travelling abroad, with the Aussie dollar plummeting to its weakest point against the US dollar in nearly five years. It fell below …
- Cost of Living
IGA alleges $150 million loss due to illicit tobacco market, leading to reduced staff hours
by adminIGA, Australia’s leading independent supermarket chain, is facing significant financial losses in legal cigarette sales, amounting to $150 million over the past three years, due to the growing illicit tobacco …
- Cost of Living
Australia’s First-Ever Women’s Sports Bar Closes Its Doors Just Months After Launch
by adminAustralia’s pioneering women’s sports bar, The Ladies’ League (TLL), located on Oxford Street in Darlinghurst, Sydney, is set to close just four months after its grand opening in August 2024. …
- Cost of Living
Increased welfare payments, pricier passports, and salary hikes: All the changes coming into effect from January 1, 2025.
by adminAs January 1 ushers in a new year, it also brings a variety of changes across Australia, affecting welfare payments, laws, taxes, and wages. Key updates include a 3.8% rise …
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The enduring intrigue surrounding artificial intelligence (AI), from classics like The Terminator to The Matrix, is set to evolve significantly in Australia by 2025. However, experts predict that AI’s integration …
- Cost of Living
What Changes Can We Expect in Grocery Prices by 2025 Amid the Cost of Living Crisis?
by adminConsumers in Australia can expect grocery prices to remain high into 2025, as experts indicate significant reductions are unlikely. Retail expert Gary Mortimer from Queensland University of Technology noted that …
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After a prolonged period of high interest rates at 4.35 per cent in Australia, mortgage holders are looking for relief in 2025. Economists anticipate that the Reserve Bank of Australia …
- Cost of Living
Which Supermarket Products Have Seen the Biggest Price Increases During the Cost of Living Crisis?
by adminRecent data highlights a significant increase in the prices of essential goods and services in Australia, even amidst the Boxing Day shopping frenzy. Analysis by the Parliamentary Library reveals that …