Australians appear to be adjusting to a world of rising inflation and interest rates, aided by recent state budget initiatives.The ANZ-Roy Morgan consumer confidence index jumped 3.7 per cent in the p …
Export restrictions in about 24 countries globally are pushing up prices and increasing food insecurity, according to the Australian Bureau of Agricultural and Resource Economics and Sciences.The late …
The national average for unleaded petrol struck its second highest level in history last week, with every state and territory now paying more than $2 per litre, but there are signs of better times ahe …
Claiming deductions for personal super contributions
You can’t claim a deduction for superannuation contributions paid by your employer directly to your super fund from your before-tax income such as:the compulsory super guaranteeSalary sacrificing supe …
A spike in gas prices, liquid fuels and electricity have created a perfect storm within Australia’s energy market.Treasurer Jim Chalmers says the failure of the Liberal government to land an energy po …
Australia’s consumer watchdog is suing Mastercard over alleged anti-competitive conduct in deals with large retailers.The ACCC has instituted Federal Court proceedings, accusing Mastercard of substant …
Consumer advocates are urging the incoming Labor government to rein in the unregulated cryptocurrency industry as a reform priority.“Choice is hearing from many Australians about financial loss and ot …
A change of government has had little impact on confidence, with the mood of consumers remaining down in the dumps in an environment of rising interest rates, ballooning inflation and a steady climb i …
Australia is in for a period of banking sector turbulence as households deal with rising inflation and mortgage payments, the industry regulator says.“The next few years will be far from plain sailing …
House prices nationally recorded their first decline since September 2020 in May, led by monthly losses in Sydney and Melbourne, the country’s two largest real estate markets.The CoreLogic home value …
Growth in Australia’s manufacturing sector in the early months of 2022 came to an abrupt halt in May, due to supply constraints, labour shortages, rising prices and wage growth.The Australian Industry …
CHANGES TO CONSUMER PRICE INDEX IN MARCH QUARTER:Quarterly change (followed by annual change in brackets)Consumer Price Index – up 2.1 per cent in quarter (up 5.1 per cent annually)Food and non-alcoho …