Andrew Brown (AAP)
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Generation dread: Aussies unprepared for money shocks
Less than a quarter of Australians are satisfied with their financial position, with younger generations increasingly relying on grandparents for support. Research conducted by investment group MLC found 70 per …
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Advice on negative gearing ‘not out of the ordinary’
Treasury modelling on the impact of changes to negative gearing was passed on due to the issue being “contentious”. The government has no plans to adjust negative gearing, Treasurer Jim …
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Treasurer confident of firming up ties on China trip, amid worries
The first visit by a federal treasurer to China in seven years will help to stabilise ties with Australia’s largest trading partner, Jim Chalmers says. Dr Chalmers is set to …
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Mums and dads to get super on their parental leave
New mums and dads are set to receive a superannuation boost on top of government-funded paid parental leave. Laws locking in 12 per cent super payments while parents use up …
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Economic relief, veteran health to dominate parliament
Concerns over the rising cost of living and a slowing economy will be front and centre when federal politicians return to Parliament House for the upcoming sitting fortnight. Figures have …
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‘Extreme shocks’ felt over cost-of-living: CBA boss
The impacts of interest rate hikes and stubborn inflation are being unevenly felt across the economy, the head of the Commonwealth Bank says, with many experiencing “extreme shocks”. The bank’s …
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Tim Pallas breaks ranks, slams ‘destructive’ student cap
Victoria’s treasurer has accused federal Labor of hurting the state’s economy following plans to cap the international student intake. From 2025, the number of overseas students able to come to Australia will …
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Super to be paid on parental leave to close gender gap
New mums and dads are set to have their superannuation topped up by the federal government when they’re taking time off to care for their newborn. Laws paying superannuation on …
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Worker pay rise a pathway to universal childcare: PM
A pay rise for early learning educators is a step towards universal childcare, the prime minister says. Early childhood and out-of-school hours staff are in line to receive a 15 …
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Australia’s terrorism threat level raised to probable
Australia’s terrorism threat level has been raised from possible to probable due to an increased risk of politically motivated violence. While it has not been raised due to one specific …