Dynamic Power Pricing Costs Australians Up To AU$300 More Annually, Report Finds
Australian energy market is set to undergo a significant shift, which brings consumers under complex power pricing plans. These plans, including dynamic tariffs, aim to reduce energy consumption during peak hours when production costs are higher.
Catch Closure Amid Competition From Amazon And Temu To Impact 200 Jobs
The closure will affect 200 jobs, while around 100 e-commerce staff will be redeployed to Kmart to make the most of Catch's existing warehouse infrastructure.
Australia's Wealth Gap Widens As Billionaires Earn AU$67,000 An Hour: Oxfam
Australia's 47 billionaires boosted their wealth by an incredible AU$28 billion in a single year, which was an astounding AU$3.2 million every hour.
Superannuation Anxiety: Australian Retirees Hoard Funds Amid Fears Of Outliving Savings
The Grattan Institute said in a recent report that Australia's superannuation system was at risk of becoming a "massive inheritance scheme" rather than a retirement funding mechanism.
Qantas, Virgin Australia Oppose Ban on Credit Card Surcharges, Citing Potential Price Hikes
Proposals to remove credit card surcharges have been met with criticism from major Australian airlines Virgin Australia and Qantas, who have warned of possible price rises for customers.
Sydney Train Strike Exposes Commuting Chaos Amid Govt Push For Return To Office
The Sydney train strike has highlighted the challenges of daily commuting, contradicting the government's push for employees to return to offices full-time.
Australia's Unemployment Rate Hits 4% In December, Raising Interest Rate Uncertainty
With both job creation and unemployment on the rise, Australia's labor market is facing a conundrum. It's uncertain what will happen to interest rates next month because of this unexpected mix.
Temu Joins Australia's Safety Pledge After Child Burn Incident Sparks Recall
The Chinese retailer signed the voluntary product safety pledge with Australia's consumer watchdog, following an incident where an 8-year-old girl suffered burns from a Temu-sold jumper.
Wendy's Debuts In Australia, Plans For 200 Restaurants By 2034
Its plan of action includes opening at least 200 restaurants in Australia by 2034, creating at least 30-40 job opportunities in each outlet.
Australia Sees Rise In Business Insolvencies: Which Industries Are Most Affected?
According to a recent CreditorWatch survey, Australian businesses failed at a rate of 5.04%, the highest since October 2020 -- which indicated a notable increase compared to the average failure rate of 3.97% in October 2023.
Cost Of Living Crisis Drives Australians To Take Up Side Hustles
The demand for part-time or contract jobs has been on the rise, with an estimated 986,400 people (6.6% of employed individuals) now doing multiple jobs.
Bluey Gets A Lego Makeover: Six New Sets To Launch In June 2025
In June 2025, six new Lego sets depicting Bluey and her family will be launched, with young fans being also able to lay their hands on a separate Duplo range.
Tesla's Juniper Model Y To Hit Australian Roads In May With Upgrades
The revised model comes with a distinct appearance with split headlights and a rear light bar, which sets it apart from the Model 3 sedan.
Australian Lamb's Summer Campaign Turns Internet Comments Into Real-World Humor
The ad, which was released ahead of Australia Day, delivered a significant message wrapped in humor.
Meta To Drop Fact-Checking Feature: Concerns Rise Over Misinformation Risks For Australians
Under the new guidelines, the fact-checking program will be replaced by a community-driven system similar to X's community notes.
Threat To Productivity: Why Workplace Boredom Needs To Be Tackled
New research has shown that feeling bored and disconnected at work was a common problem that affected employees in many different industries.
Kmart's AU$8 Inflatable Chairs Are Back: Retro Product Flying Off The Shelves
Priced at an unbeatable AU$8, the decor pieces are an ideal place to unwind in the backyard or campgrounds, and they are especially gaining traction among younger generations.
AU$2.7B Christmas Debt Expected To Burden Australians Into 2025
The national credit card debt is predicted to exceed AU$2.7 billion by 2025, meaning that millions of Australians will be struggling with Christmas debt for at least six months.
Coffee Prices May Hit AU$12: What's Driving The Soaring Costs?
Rising bean prices are predicted to cause a significant increase in coffee prices, impacting coffee shops and coffee drinkers across the country.
Cost-Of-Living Crisis: Australians Slash Takeaway, Travel, And Coffee To Save In 2025
The likelihood of millennials cutting back on their takeaway expenditures is more than double that of baby boomers -- 34.2% of millennials plan to spend less on fast food, compared to just 14.4% of baby boomers.
Albanese Government Targets Subscription Traps With AU$50 Million Penalty
These "subscription traps" are seen in gym services, meal-kit providers, and health applications, and it is often difficult for users to stop automatic renewals after free trials.
Victoria's Rentals Shrink As Investor Sell-Offs Hit Record Levels: How Will It Affect Tenants?
With fewer rental options available, tenants could face increased competition, driving rents higher.
Super Funds Deliver Impressive 11.5% Returns For Australians In 2024
The median balance option delivered impressive returns in 2024, and members who invested aggressively in assets like shares saw notable growth in both domestic and international markets, with many options churning out returns of over 10%.
Woolworths Brings Back Australia Day Merchandise: What To Expect
Due to consumer demand and a desire to support the celebration, Woolworths has reversed its decision to discontinue selling Australia Day items.
Eftpos Network Update: What You Need To Do To Keep Your Card Payments Working
Customers are advised by the Australian Banking Association (ABA) and Australian Payments Plus (AP+) to upgrade their debit cards in mobile wallets prior to January 1, 2025, in order to prevent any card payment problems.
What You Need To Know About Upcoming Rise In Australian Passport Costs
Beginning on Jan. 1, Australians will have to pay more for their passports, which the Coalition has criticized as a "backdoor tax grab.
Young Women Bear Brunt of Customer Abuse, Quitting Jobs At Alarming Rate
Young women are twice as likely as males to resign from their jobs as a result of customer abuse, according to a recent survey, underscoring the need for better workplace safety and support.
Inflation Can't Stop Them: Australians Set to Splurge $3.7B In Post-Christmas Shopping
Australians are expected to spend $3.7 billion in the six days after Christmas, with Boxing Day sales estimated to hit $1.3 billion, despite worries about inflation.
Canstar Predicts Cash Rate Cuts: What Australian Borrowers Should Know
In 2025, most banks anticipate lowering borrowing rates, which will help Australian homeowners. Make the most of these changes by learning how to become ready.
Bendigo Bank's Online Services Restored After Christmas Eve Outage
The bank said in a statement Tuesday morning that Osko payments were also affected due to the outage. However, cards, ATMs, branch services, and incoming payments remained operational.
