Federal Election

Balancing the household budget is quickly becoming one of the most prominent issues in this year’s upcoming federal election.The first of two significant cost-of-living relief measures, a $250 payment for vulnerable Australians, began…

Australia’s inflation rate has jumped to its worst result in more than two decades, spurred on by soaring petrol prices and higher dwelling construction costs.The rate of the rise could force the Reserve Bank of Australia’s hand in hiking…

Millions of Australian taxpayers are in for a rude awakening over the coming years - but the prime minister insists cost of living measures designed to abate pressure on the household budget are designed to be temporary.The low- and…

Australians have been warned to brace for more pain in the hip pocket with power prices set to skyrocket in the coming months.The latest official figures show that wholesale electricity prices have doubled in the past year, with the jump…

A property management expert is sounding the alarm for renters, warning that landlords could jack up rents following the interest rate hike.The Reserve Bank of Australia on Tuesday lifted the cash rate from 0.1 per cent to 0.35, a jump…

Small businesses are key to the Liberal-Nationals’ economic plan while Labor is hitching its success to more jobs in the clean energy sector.Future small business owners are being promised solid economic conditions to set up shop, as the…

The phrase “back in my day” got a workout this week after the Reserve Bank of Australia hiked interest rates for the first time in more than a decade.Mortgage holders saw their repayment rates jump by up to 0.35 per cent from the record-low…

First home buyers are being warned to taper their expectations after the first interest rate rise in more than a decade.The Reserve Bank of Australia last Wednesday announced the cash rate would be raised by 25 basis points to 0.35 per…

A government proposal to allow first homebuyers dip into retirement savings for a house deposit is drawing a mixed response from affected industries, with superannuation funds criticising the initiative and builders welcoming it.In an…

More than 70 per cent of aged care workers eligible for twin $400 payments are yet to receive a cent, a new survey suggests.The federal government announced the bonuses in February as a retention measure for workers burnt out by the…