Economics

The Government’s student debt reforms are being rolled out from today after its HECS indexation changes passed Parliament last month.

ASIC has announced it’s suing Rex for “misleading and deceptive conduct”.

The Reserve Bank of Australia (RBA) has announced its December 2024 cash rate decision.

On Tuesday, CBA announced it would move around a million customers to its ‘Smart Access’ account, which charges $3 for non-ATM withdrawals.

Australia’s economy grew by 0.8% in the year to September, marking one of the slowest periods of growth since the 90s (outside the pandemic).

China has dumped its last trade bans on Australian exports, after first levelling the restrictions in 2020 amid strained China-Australia relations.

The bill follows a Government review earlier this year, which recommended making the code compulsory for all supermarkets and introducing tougher penalties for failing to observe the rules.

The annual inflation figure is the same as the last month, which was the lowest inflation rate since July 2021.

Early childcare educators will receive a pay rise of 10% by the end of the year in the first of two phases eligible to some centres.

The Government’s Help to Buy scheme has passed Parliament after the Greens agreed to support the bill, ending a long standoff.

CEO gender pay gap data has been published for the first time, showing a $159,000 pay difference between men and women in top positions.

The Federal Government stumped up an $80 million bailout for Rex after it went into voluntary administration earlier this year.

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The decision by the Federal Reserve, announced on Thursday (local time), is the second consecutive rate cut this year.

The Reserve Bank has left interest rates on hold at 4.35%, marking a year since it has changed the official cash rate target.

Will the Coalition support the Government’s student debt plans, including a 20% cut to debts and higher repayment thresholds?

It also plans to increase the minimum salary one needs to earn before they start making repayments to their loan.

Over 1,200 large companies paid no corporate tax in Australia in the 2022/23 financial year, according to new data from the Australian Tax Office (ATO).

Qantas cabin crew are in line for a pay rise under a new deal for short-haul staff, while talks continue under “same job, same pay” laws.

Prices rose by 2.8% in the year to September 2024, according to new figures from the Australian Bureau of Statistics (ABS).

Prime Minister Anthony Albanese has been accused of asking ex-Qantas boss Alan Joyce for flight upgrades in a new book.

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It’s the first compensation decision in a long-running unfair dismissal case after Qantas was found guilty of unlawfully firing 1,700 baggage employees during the pandemic.

Hidden fees, deceptive online pricing, and hard-to-cancel subscriptions are in the Government’s sites in its crackdown on “unfair pricing”.

The national food relief organisation’s latest Hunger report found that around 2 million households faced ‘severe’ food insecurity in 2024. This can involve eating smaller portions or skipping meals.

A surcharge is added by a business to the price of a product or service when paying by card, to compensate for the cost applied by the card issuer.