money

Australia’s core inflation rate has unexpectedly dropped to 3.2 per cent for the December quarter, raising expectations for a possible interest rate cut next month. While economists predicted a rate …

The Australian dollar is struggling, recently falling to a near five-year low against the US dollar, now hovering around 61.32 US cents. This decline is largely attributed to a robust …

Despite the cost-of-living crisis, Australians are tipping more generously, with the average tip rising to $25.20 in 2024—a notable 25 per cent increase from the previous year, according to Zeller’s …

The average superannuation balance for Australians aged 50 is currently around $165,000, with balanced funds, primarily invested in growth assets like shares, generating $18,000 last year. In comparison, the average …

The Australian federal government is poised to release promising inflation data this Wednesday, ahead of the Reserve Bank’s first interest rate decision of the year. Recent Treasury analysis indicates significant …

Queensland Treasurer David Janetzki has announced a worrying financial outlook for the state, with per capita debt expected to soar to $40,000 within three years—making it the highest in Australia. …

A prominent economist is urging Parliament to enact the federal government’s proposed tax reforms on superannuation, described as “essential changes.” The government aims to increase the tax on superannuation balances …

In the peak months of November and December, Australia Post set a remarkable record, delivering 2,800 parcels every minute as Australians embraced online shopping to maximise their budgets. The latest …

Calls are being made for a reformed rental bond system that would allow renters to pay a bond just once during their lifetime. The McKell Institute has proposed a national …

Macquarie Bank has announced reductions in interest rates for three of its fixed-rate home loans ahead of the Reserve Bank’s first meeting of the year. The bank, Australia’s fifth-largest lender, …