Australian households may be tightening their budgets amid economic uncertainties, but they have recently shown a notable increase in alcohol spending. According to the latest data from the Australian Bureau …
money
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A new report by Capgemini, the World Wealth Report 2025, indicates that a significant portion of Australians is poised to inherit substantial wealth in the coming years. This transformation is …
- Cost of Living
Australian economy contracts on a per capita basis following sluggish growth in the March quarter
by adminAustralia’s economy exhibited only modest growth during the first quarter of the year, as households increasingly prioritised saving their income, coupled with significant weather disruptions impacting exports and tourism. Recent …
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Australians are being cautioned about a significant rise in investment scams, particularly as the Reserve Bank of Australia continues to lower interest rates. According to Shaq Johnson, the head of …
- Finance
The Australian Dollar Exhibits ‘Unusual’ Behaviour, Catching the Eye of the Reserve Bank
by adminThe Reserve Bank of Australia (RBA) has noted an unusual effect on the Australian dollar (AUD) stemming from the financial instability related to Donald Trump’s tariffs, despite the general negative …
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From next month, millions of Australians are set to benefit from a wage increase as the Fair Work Commission has announced a rise in the minimum wage. Following an annual …
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Millions of Australians are set to benefit from an increase in superannuation savings starting July 1, when the superannuation guarantee rises from 11.5% to 12% of an employee’s salary. This …
- National
Interest Rate Reductions Drive Surge in Property Prices, with More Increases Anticipated
by adminProperty prices in Australia saw a notable increase last month, buoyed by two interest rate reductions by the Reserve Bank. The Cotality Home Value Index indicated a national rise of …
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Tomorrow, millions of Australians are set to participate in the $70 million Oz Lotto draw, marking it as the fourth largest jackpot in the game’s 31-year history. This substantial prize …
- National
Top Automotive Retailer Reveals Choice to Eliminate Favoured Loyalty Program Benefit
by adminSupercheap Auto has announced significant changes to its loyalty program, phasing out the Best Price Credit feature, which it describes as “underpinned by luck.” This benefit, which refunded the difference …