Financial Wellbeing In 2025: How To Achieve Your Money Goals
Take stock of your financial situation by reviewing these five key areas: short-term debt, family protection (insurance and a will), emergency savings, pension savings, and investment plans. This audit will help you create a solid financial plan.
Corporate Worker Goes Viral For Bold AU$30K Pay Rise Request At Office Christmas Party
The social media post quickly became a conversation starter, with many people sharing their own holiday party mischief. "I also did this," one person wrote, while another admitted, "Me this weekend." One fan even declared, "Xmas party done right," while another humorously questioned, "Why do I have to yap so much?"
Jobs In Demand: Australia's New Skilled Migration List Sparks Mixed Reactions From Industry Groups
"The government is determined to tackle the skills shortage, especially in the construction sector," Immigration Minister Tony Burke stated. "This is an important step to attract qualified workers to help build more homes."
Melbourne Service Station's Under AU$1 Fuel Sparks Frenzy As Libertarian Party Protests Fuel Taxes
The promotional stunt, organized by the Libertarian Party, aimed to protest the government's fuel taxes, which currently added 55 cents per litre to the cost of petrol.
Holiday Headache: Australian Mortgage Rates Rise Despite RBA Pause
According to Canstar's insights director, Sally Tindall, the cycle of cutting fixed rates appears to have paused for now. However, she suggests that there could be some relief in the new year, with potential rate cuts offering much-needed support to homeowners.
Fake Deals Alert: Consumer Watchdog Warns Shoppers Of Misleading Discounts Ahead Of Boxing Day Sales
ACCC's warning followed a concerning report from The Salvation Army, which found that 29.9% of Australians "will struggle to pay their rent or mortgage this Christmas." The report also revealed that one in five people has had to skip medical care to afford Christmas expenses.
Meta Agrees To AU$50M Settlement For Facebook Data Breach: Who Can Claim Compensation?
The settlement, announced by the Office of the Australian Information Commissioner (OAIC) on Tuesday, concluded a four-year legal battle against Meta, two years after the company reached a US$725 million settlement in the United States.
Rising Costs, Shrinking Choices: Are Entry-Level Homes Becoming Less Affordable?
Based on PropTrack figures, homes priced under AU$600,000 are increasingly difficult to find, and properties under AU$400,000 are nearly disappearing in the country's five largest cities.
AMP Invests AU$27 Million In Bitcoin: Will Other Big Funds Do The Same?
AMP's decision comes as the AU$4 trillion retirement savings industry has largely shunned the asset class, citing concerns over its unpredictable nature.
Christmas Travel Surge: Sydney And Melbourne Prepare For Major Airport Crowds
An estimated 5.8 million people are expected to pass through Sydney Airport between Dec. 13 and Jan. 27 -- nearly half a million more than last year.
Queensland Leads Regional Property Boom: Here Are Australia's Real Estate Hotspots
Since March 2022, more people have been moving to regional Australia, driven by high property prices and cost-of-living pressures in the cities, according to recent reports from the Regional Australia Institute and the Commonwealth Bank.
Australia's Most Controversial Ads In 2024: 4,000 Complaints, Few Violations
Majority of complaints focused on sexual references or nudity, with Ad Standards' communications manager, Rachel Tunney, pointing out that people often raised concerns about "mild" or "implied" sexual imagery.
Australia Mandates News Payments From Meta And Google: How Will It Affect The Public?
News Corp Australasia's executive chair, Michael Miller, expressed optimism, stating that the incentive would help the industry recover from an estimated 1,000 job losses this year. He also planned to reach out to Meta to restart their commercial partnership.
AirTrunk Awards AU$22M In Staff Bonuses: How To Best Utilize Your Christmas Incentives
AirTrunk, an Australian data company, has made headlines by awarding a remarkable AU$22 million in bonuses to its 330 employees, celebrating its acquisition by U.S. private equity powerhouse Blackstone
Buffets Make A Comeback As Australians Seek Affordable Dining Amid Rising Costs
In the face of mounting financial pressures, many diners are seeking venues that offer high-quality meals without the hefty price tags that often accompany a la carte dining.
Australian Crypto And Blockchain Startups Struggle With 14% Drop: Report
Despite these regulatory hurdles, Australia's crypto ownership is higher than the global average, with 17% of Australians owning cryptocurrency.
Christmas Delivery Delays: Here Are The Worst-Affected Suburbs In Australia
According to e-commerce delivery platform Shippit, Truganina in Victoria is the worst affected suburb, with 58.8% of people reporting late deliveries. Kwinana Town Centre in Western Australia follows closely behind at 33.9%, while Broadway in New South Wales ranks third at 31%.
Gen Z's Weekend Shift: Rejecting The Drinking Culture Or Missing Out On Fun?
With clean living and health-conscious habits trending, bars and clubs just don't hold the same appeal for many in Gen Z. "There's way more focus on wellness and health now."
'What Is A Good Salary?' TikTok Creator Sparks Viral Debate On Financial Happiness
According to the latest figures from the Australian Bureau of Statistics, the average annual salary for full-time workers in Australia is currently AU$103,812, while the median salary -- the figure that represents the "middle" earnings -- is AU$88,920.
Hawk Tuah Memecoin Plunges 95%: Hailey Welch Faces Pump-And-Dump Accusations
Hawkcoin, trading under the ticker $HAWK, briefly soared to a market value of US$490 million shortly after its launch on Dec. 4. However, a significant sell-off soon followed, dropping its value to just US$26.4 million
Adrian Portelli Charged With Operating Unlawful Lotteries A Day After Charity Stunt
The 35-year-old entrepreneur has been hit with nine charges for operating an unlawful lottery. His company, Xclusive Tech Pty Ltd, which operates under the brand LMCT+, faces an additional ten similar charges.
Pension Or Privilege? 90-Year-Old Wealthy Couple's Concerns About Losing Benefits Spark Social Media Debate
At the center of the debate is a retired couple in their 90s, who are concerned about losing their part-age pension due to their AU$895,000 share portfolio, fearing that their growing wealth could jeopardize their pension payments.
How Much Should Australians Save For Retirement? ASFA Reports 0.5% Drop In Retirement Costs For Q3
While retirees are seeing some financial relief, the ASFA Retirement Standard emphasizes the need for better access to quality financial counsel to help Australians manage rising retirement costs and plan for the future.
Australia's Trusted Brands: Bunnings Leads While Woolworths And Coles Lag
The survey, which polled 25,000 Australians and scrutinized 1,000 brands across 27 industries, revealed a clear trend in consumer sentiment.
Melbourne Suburb Housing Outrage: Is Rapid Development Leading To Cost-Of-Living Crisis?
Located just under an hour's drive north of Melbourne's CBD, Mickleham has seen rapid population growth as young families, priced out of inner-city housing, move to more affordable areas. However, the development has raised concerns among locals and experts alike.
Woolworths Strike Continues: How Stocked Are The Shelves?
Since Nov. 21, Woolworths was facing an indefinite strike from over 1,500 workers, who have been demanding higher wages and improved safety measures.
22% Of Private Renters Live Below Poverty Line In Australia Amid Growing Affordability Crisis
The report identified eight groups as being particularly at high risk of multiple deprivation -- JobSeeker Payment, Parenting Payment, Disability Support Pension, or Youth Allowance, single-parent families, First Nations people, and those renting social or private housing.
HECS Debt Relief: Refunds, Credits, And New Indexation Rules Announced
Previously, these debts were indexed according to the inflation rate, measured by the Consumer Price Index (CPI) published by the Australian Bureau of Statistics. However, indexation will now follow the CPI or the Wage Price Index, whichever is lower.
Australia's Lower House Passes Bill To Ban Social Media For Children Under 16
The proposed law would require social media platforms to implement age-verification measures, with companies facing fines of up to AU$49.5 million for repeated violations.
Google Unveils Australia Connect Initiative To Boost Indo-Pacific Digital Infrastructure
Under the Australia Connect initiative, the Bosun subsea cable will link Darwin, Australia, to Christmas Island, which will then connect to Singapore. Additionally, a new interlink cable will connect Melbourne, Perth, and Christmas Island, with Melbourne linking to the Honomoana cable system.