Business
What’s known so far about the federal budget
7 May
Jim Chalmers is putting the finishing touches on his fifth federal budget, with some of the measures starting to be revealed. WHAT’S ALREADY KNOWN ABOUT THE BUDGET * The government has already flagged large cuts to the NDIS, with savings of $15...[Read More]
Australia’s co-working boom moves from city to suburbs
6 May
More Australians are taking up desks in coworking spaces, as the flexible venues move beyond Australia’s capital cities and into the suburbs and regional areas. Flexible Workspace Australia’s 2026 industry report shows the client base of...[Read More]
Understanding the NDIS: Who it supports and how it works
23 April
The National Disability Insurance Scheme (NDIS) is Australia’s flagship program designed to support people living with permanent and significant disability. At its core, the NDIS provides funding to eligible individuals so they can access the...[Read More]
Financial security: key strategies to safeguard your financial future
23 April
Financial stability doesn’t usually come by chance; it requires preparation and strategy. Most of us depend on a steady paycheck, but few consider what would happen if it disappeared suddenly. Protecting yourself against financial disaster means...[Read More]
Job market yet to feel impact of Iran war, rate hikes
23 April
The Iran war has yet to hit Australia’s robust labour market, but a double-blow to unemployment from higher oil prices and the Reserve Bank is on its way. The jobless rate held steady at 4.3 per cent in March, despite the Middle East conflict...[Read More]
Showers free in aged care reform as health rebate cut
22 April
Private health insurance rebates will be slashed for older Australians to fund essential home care services such as showering and dressing support. The federal government has backed down on a requirement that people receiving aged care support pay...[Read More]
Spoils of Iran war to deliver Chalmers a budget boost
16 April
The Iran war is set to deliver a $36 billion windfall for Treasurer Jim Chalmers, but increased spending on cost-of-living measures could derail efforts to get the budget back in black. Even with a fragile ceasefire holding in the Middle East, the...[Read More]
Fuel, fertiliser shortages could deliver barren harvest
1 April
Australia’s regional and rural businesses will face a triple threat from fuel, fertiliser and interest rate changes over the coming months, but can fight back with investments in renewable energy and artificial intelligence. NAB issued the advice...[Read More]
Spike in jobless rate unlikely to end RBA hiking cycle
26 March
Noisy jobs data has revealed a tight labour market, giving the Reserve Bank the green light to further hike interest rates despite a spike in unemployment. The jobless rate jumped to 4.3 per cent in February, despite almost 50,000 more people...[Read More]
Sticky situation as super changes stretch small firms
26 March
Rising costs and cash flow pressures could force thousands of small business owners to dip into personal savings to comply with new superannuation rules. Changes slated for July 1 require employers to pay employees superannuation at the same time as...[Read More]
Aussies could miss big payday due to basic AI skills
26 March
Millions of Australians could boost their earning potential by as much as $11,000 a year if they retrain in artificial intelligence technology. But if large sections of the workforce fail to do so, Australia could miss out on a multibillion-dollar...[Read More]
Unions urge five per cent pay rise as inflation bites
25 March
Nearly three million low-paid workers would receive thousands more in annual wages under a union push for a five per cent pay rise. The ACTU will ask industrial umpire the Fair Work Commission to increase the minimum wage to $26.19 per hour, up from...[Read More]
Aussies urged to work from home to save precious fuel
25 March
Australians should work from home where possible and drive at slower speeds to limit oil demand during the Middle East conflict, the world’s top energy agency says. The recommendations come as Australia’s energy minister flags further potential...[Read More]
Insolvencies at record highs, set to rise on Iran war
25 March
Australian businesses are failing at record rates and soaring energy prices are set to make matters worse, putting the national economy at risk of recession. Business insolvencies and payment defaults were already at or near their highest-ever...[Read More]
AI could devalue your degree, federal government warns
18 March
A university degree might become less valuable for securing a job in the age of artificial intelligence, posits an influential member of the government’s economics team, as financial workers worry that AI might steal their jobs. Rather than formal...[Read More]