Biden and Trump want to extend tax cuts amid the budget deficit

Biden and Trump want to extend tax cuts amid the budget deficit

Joe Biden and Donald Trump 2024. Brendan Smialowski | Jon Cherry | Getty Images Presumptive nominees President Joe Biden and former President Donald Trump have both pledged to extend expiring tax breaks for most Americans — but questions remain on how to pay for it. Trillions in tax breaks enacted by Trump via the Tax Cuts and Jobs Act … Read more

ASX 200 CEOs and managing directors pocket double-digit pay rises as workers struggle with cost-of-living crisis

ASX 200 CEOs and managing directors pocket double-digit pay rises as workers struggle with cost-of-living crisis

Executives at some of Australia’s largest companies have received double-digit pay rises as their workers face rising cost-of-living pressures. A report on board and executive pay among ASX-listed companies, released on Tuesday by the Governance Institute of Australia, found the salaries of chief executives rose by 14 per cent in the past financial year while … Read more

Supplemental Security Income marks 50 years. How benefits may change

Supplemental Security Income marks 50 years. How benefits may change

Martonaphoto | Moment | Getty Images A federal program for people with disabilities and older adults made its first benefit payments 50 years ago. In 1974, Supplemental Security Income, or SSI, began sending the first monthly checks starting at around $140 per individual, or $210 per couple. In 2024, the maximum monthly benefit is $943 … Read more

Aussie devastated after discovering boyfriend’s secret financial struggles after their home loan was rejected

Aussie devastated after discovering boyfriend’s secret financial struggles after their home loan was rejected

An Aussie has discovered a shocking secret about her partner after they tried to purchase a house together. The details of the woman’s story were shared on the ‘Everybody Has A Secret’ podcast in a now viral video. The woman explained that she was devastated after discovering her boyfriend’s secret financial struggles after their home … Read more

Queensland 2024/25 budget includes series of cost-of-living relief measures. Here they are

Queensland 2024/25 budget includes series of cost-of-living relief measures. Here they are

It’s a make or break day for Steven Miles. As he stares down the indignity of losing the October election, the Queensland Premier is targeting what is overwhelmingly the biggest issue for voters: the rampantly high cost of living. So concerned is he about Labor’s inability to address inflation — at state and federal level … Read more

Queensland 2024/25 budget expected to deliver $3b deficit as Miles government splashes inflation ‘relief’

Queensland 2024/25 budget expected to deliver b deficit as Miles government splashes inflation ‘relief’

The Queensland government is set to spend big on cost-of-living relief, with the treasurer arguing it will be worthwhile despite the likelihood of a budget deficit. Treasurer Cameron Dick’s fifth budget on Tuesday will splash the cash for Queenslanders ahead of the October state election. WATCH THE VIDEO ABOVE: Queensland Treasurer Cameron Dick hands down … Read more

Why high interest rates make it tough to tap home equity

Why high interest rates make it tough to tap home equity

Cultura Rm Exclusive/twinpix | Image Source | Getty Images Home equity is near all-time highs. But tapping it may be tough due to high interest rates, according to financial advisors. Total home equity for U.S. mortgage holders rose to more than $17 trillion in the first quarter of 2024, just shy of the record set … Read more

Great wealth transfer or retirement savings crisis? It can be both

Great wealth transfer or retirement savings crisis? It can be both

Ascentxmedia | E+ | Getty Images It can feel like the U.S. economy has divided consumers into groups of haves and have nots — and retirees are no exception. Research has found a great wealth transfer is underway, with research and consulting firm Cerulli Associates estimating an $84 trillion to shift from older to younger … Read more

Scammer warning for Australian travellers jetting overseas for summer in Europe and US

Scammer warning for Australian travellers jetting overseas for summer in Europe and US

Australians looking to trade in the colder weather for summer in the US and Europe have been sent a stern warning. Scammers and criminals are expected to be out in force this summer in the Northern Hemisphere, with major events including the Olympics Taylor Swift concerts. Experts are warning holidaymakers to be on alert for … Read more

The cost of buying famous TV and movie homes

The cost of buying famous TV and movie homes

The original house used in the “Home Alone” movies on Nov. 8, 2021. Erin Hooley/Chicago Tribune/Tribune News Service via Getty Images An array of iconic homes are for sale — and buyers will almost certainly pay extra for that pedigree. However, that premium is hard to quantify since some uber-wealthy buyers will pay almost anything … Read more