Major changes to an “outdated” university loan repayment scheme have been recommended in an independent review into universities published on Friday. Relief for graduates could be allocated as soon as the May Federal Budget, according to Education Minister Jason Clare, who hinted at annual repayment savings of up to $1000 for some Australians, in response … Read more
The federal government’s carbon price could generate more than $5 billion from the federal sales tax over the next seven years, but none of that is directly earmarked for climate programs. The latest figures come from the parliamentary budget officer and are based on a private member’s bill introduced last fall by Conservative MP Alex … Read more
New data reveals the Australian jobs in which workers received the biggest wage jumps in 2023. The Wage Price Index (WPI) measures changes in the prices of labour, unaffected by compositional shifts in the labour force, hours worked or employee characteristics. The new data was updated on Wednesday to include information from December last year. … Read more
A Sydney man is the first of two winners of Tuesday’s Oz Lotto jackpot to come forward. The Blacktown resident will split the $30 million prize with a second winner in Queensland. While the search continues for the Queensland registered player who purchased his ticket online, the Blacktown man on Wednesday morning told The Lott … Read more
A Sydney man has been fined a total of $1544 for two e-bike offences late last year. The fines issued earlier this month were posted to social media on Saturday to query whether the penalties should be disputed. The Uber Eats employee was making deliveries when he was pulled over by police on Bondi Rd … Read more
The regional banking crisis is having unexpected consequences, with a Coles in Western Australia now having to pause cash-out in its store due to excessive demand. The Coles in Kununurra has experienced an increase in demand for in-store cash-out services following the closure of some bank branches in town. Coles says this is a temporary … Read more
Banks are closing their doors on communities who need them the most, as vulnerable people in rural Australia are less likely to have the money and skills to access online services, research shows. More than a third of people in regional areas experience affordability stress when paying for high-quality internet, affecting their ability to buy … Read more
Canadians are stressed out about the economy and have little faith in politicians or governments to fix big problems, a new survey suggests. The annual CanTrust Index published by Proof Strategies queries Canadians about their level in trust in everything from political leaders and businesses to corporations, the media, bankers and scientists. The 2024 edition … Read more
Valentine’s Day is just around the corner, but recent data shows that for many Canadian couples, the rising cost of living is leading to conflict instead of romance. A report from BMO’s Real Financial Progress Index released Thursday found that about one-third of Canadian couples (32 per cent) say money is often a source of … Read more
Quebec’s tourism minister says demolishing Montreal’s Olympic Stadium would cost $2 billion, but that estimate is raising questions because other North American cities have torn down stadiums for hundreds of millions of dollars less. Caroline Proulx released the estimate earlier this week as she presented a comparatively cheaper plan to spend $870 million to replace … Read more
