More than 2 million Australians will get a boost to their government payments, as Monday marks the beginning of a new financial year. Families and pensioners are set to be the beneficiaries of the boost, which is due to routine indexation. About 1.3 million people on family payments — including the Family Tax Benefit, Newborn … Read more
Australian taxpayers are set to see more dollars appearing in their bank accounts each pay cycle as long-awaited tax cuts kick in. The saving depends on tax brackets but federal government analysis shows the average full-time worker earning around $98,220 will be getting a cut of $2134 a year, or $41 a week. Yet with … Read more
Tax cuts, energy bill relief and an increase in the minimum wage are among the raft of mid-year changes set to kick in for Australians. Every taxpayer will keep a little more of what they earn from Monday as the long-planned stage three tax cuts kick in with a combination of other measures designed to … Read more
Some people could find themselves wrangling with summer travel bills well after Labor Day. To that point, 36% of Americans said they plan to take on debt in order to travel this summer, according to a March survey from Bankrate. The payment methods for summer travel expenses ranged from personal loans (5%) and buy now, … Read more
A new financial year ticks over on Monday, and with it comes time to prepare your tax return. While some deductible expenses such as your work phone are common knowledge, there are other expenses you might not know you can claim. Some clothing items required explicitly for work may be eligible, including occupation-specific clothes or … Read more
U.S. President Joe Biden is flanked by U.S. Secretary of Education Miguel Cardona as he speaks about administration plans to forgive federal student loan debt during remarks in the Roosevelt Room at the White House in Washington on Aug. 24, 2022. Leah Millis | Reuters The Biden administration is pausing student loan payments for about … Read more
Republican presidential candidate former U.S. President Donald Trump and Democratic Party presidential candidate U.S. President Joe Biden speak during a presidential debate in Atlanta, Georgia, U.S., June 27, 2024 in a combination photo. Brian Snyder | Reuters The future of Social Security and Medicare may be greatly impacted by whoever occupies the White House following … Read more
Vienna, Austria is the wrold’s most “liveable” city, according to the Economist Intelligence Unit’s 2024 Global Liveability Index. Alexander Spatari | Moment | Getty Images For the third year in a row, Vienna, the capital of Austria, is the world’s most livable city, according to the Economist Intelligence Unit. The annual report aims to show … Read more
Miodrag Ignjatovic | E+ | Getty Images Americans firing up their grills for Fourth of July celebrations will likely pay more for some traditional barbecue staples this year. That’s largely due to inflationary pressures in the U.S. economy and supply shocks related to specific foods such as beef and lemons, according to agricultural economists. The … Read more
How much money do you have set aside in case of emergencies? If you’re like most Americans, the answer is, “less than I’d like.” Some 6 in 10 U.S. adults say they’re uncomfortable with their level of emergency savings, according to a recent survey from Bankrate. On this front, many money experts would tend to … Read more
