Shreyashi Chakraborty

Baby boomers and silent generations, who accounted for the majority of the donors, were aging or passing away, which in turn was triggering a behavior among charities to hunt for younger donors to ensure continued impact

Student loans will now be adjusted annually based on the lower rate between the Wage Price Index (WPI) and the Consumer Price Index (CPI). This modification is effective retroactively for the previous two fiscal years.

Australia's household wealth surged 9.9% to a record $16.9 trillion, driven by rising house prices, strong superannuation growth, and a booming share market.

According to Afterpay's latest "Afterpaid" report, clothing, and fashion items such as crocs, trainers, leggings, and loungewear were flying off the shelves, with red items seeing a 24% jump from 2023.

Individuals affected by this change will be required to switch to electronic payment methods to send foreign currency.

According to Finder's latest research, the average Australian plans to spend AU$1,357 on Christmas, which constitutes AU$28.4 billion nationwide. Compared to the average spend of AU$1,479 (AU$30 billion countrywide) in 2023, this indicates an 8% decrease.

A research, commissioned by Australian Seniors, found that the pension was only covering 76% of the total lifestyle expenses, with seniors getting caught in the tight choice between buying essential items and discretionary spending for future savings,

Apple Intelligence will also introduce the ChatGPT feature directly into Siri and Writing Tools, which will allow users to generate content without switching between programs, from serious correspondence to imaginative writing.

CHOICE compared prices at 104 supermarkets, and found that a basket of 14 essential items cost an average of AU$50.63 at Aldi.

Virgin Australia chief executive Jayne Hrdlicka said the partnership with Qatar Airways was a game-changer, "driving benefits to consumers, the economy and Australian aviation."

The survey polled Australians ranging between the ages of 18 and 59, and found that the Gen Z population and Gen Y were inclined toward taking up a side hustle rather than reducing their expenditure to support an affluent lifestyle.

A report by Microsoft revealed that there was an emerging trend among Australians to lean on AI to research and ease common tasks like choosing the right gifts (36%), staying on budget (36%), and shopping for food, decorations, or presents (33%), the report said.

Amazon Australia customers may be able to place their orders by Dec. 22. Prime Membership holders who reside in a few large cities and regional locations, such as Sydney, Melbourne, Brisbane, Perth, Adelaide, and Canberra, are covered by this.

In the run-up to the new year, the public can participate in the online survey, which was hosted by Triple J, a national youth radio station in Australia.

Customers taking part in the challenge will also receive a Dalgona Candy, a treat that is featured in the show.

In the statement, the minister for Social Services, Amanda Rishworth, said, "We want to reduce disadvantage and maintain Australia's strong and sustainable social safety net by providing relief to those most in need. Through indexation, payments are adjusted in line with cost of living changes to ensure people have more money in their pockets."

Spotify recently unveiled its "Spotify Wrapped" feature, a much-anticipated yearly custom that provided users with a customized summary of their listening preferences over the previous 12 months.

According to a recent Gartner research, nearly half (49.2%) of Gen Z workers in Australia expressed general confidence in the nation's present business climate, indicating a high level of optimism about job availability.

Craig Kelly, a former Australian politician, has been vocal about his dissatisfaction and has taken to his social media handle to express the same. Kelly declared he would refrain from purchasing Coles' meat products, as they reportedly used Bovaer.

Variables like shifting interest rates, erratic real estate values, and international conflicts can all drive down ROI. Therefore, Australians must review their superannuation plans to make sure they're on track to meet their retirement goals.

Commonwealth Bank decided to impose a AU$3 fee for in-person cash withdrawals following the disclosure of the company's astounding AU$410 million in cash services expenditures for the fiscal year ending June 2024.

Initially, Australian Venue Co had informed its managers not to permit flagwavers to celebrate Australia Day in its establishments on Jan. 26.

Due to the sweeping closure of service centers and call centers from Dec. 25 to 27, and Jan. 1, 2025, individuals will be required to report their income early and on a new reporting date to receive payment on time.

This demonstrates the substantial influence that Australia's real estate market has on the people's wealth, with the average household having a net worth of AU$1.58 million.

Under Australia's consumer law, buyers are only entitled to a return or refund if the product is faulty or doesn't match the description, not if they simply change their minds.

National Australia Bank (NAB) revealed that debit and credit card scams were at their highest levels in November.

The company collapse would mean dozens of farmers being left without buyers for their milk and owning millions of dollars for previous supplies.

The monthly consumer price index (CPI) increased 2.1% in the 12 months to October 2024. A more steady inflation environment was shown by the fact that this increase fell short of the 2.3% market projection.

While speaking to reporters in Canberra, Xiao Qian said China and Australia should not jeopardize their national priorities "for the sake of a third party."