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🦘 Westpac’s Optimistic Rate Cut Predictions, Supermarket Of The Year 2023, Firefighters Union Backs Off
According to Westpac, relief from sky-high interest rates could be closer than we think. Despite a global backdrop of stubborn inflation fears, particularly after a recent hot US inflation report, Westpac's chief economist, Luci Ellis, is optimistic about an upcoming rate cut.
🦘 17 Year Old Rental Record Broken, Aussie Businesses Curious About AI, Law Firms Are Rolling In Cash
The rental scene in Australia is less of a market and more of a mad scramble these days. Renters down under are feeling the squeeze as the national median rent for houses hit an eye-watering $630 a week, a 17-year high.
🦘 How Much We Spend On Debit Card Surcharges, Supermarket Bosses Get Grilled, $1.5 Million Fine For Major Eyewear Brand
Aussies are coughing up a whopping $1 billion annually in hidden debit card fees, Finder's Graham Cooke spills the beans. While tap-and-go reigns supreme for convenience, it's costing consumers up to $140 extra each year.
🦘 Average Retirement Age Nearing 70, Consumer Confidence Takes a Dive, Chalmers Proposing Game Changing M&A Laws
In a striking throwback to the '70s, Aussies are clocking out of the workforce later than they have in decades, with men retiring at an average age of 66.2 and women at 64.8. This uptick, spurred by COVID-19, has seen many over 55 leaning into employment rather than leisure in their later years.
🦘 Qantas’ Big Frequent Flyer Change, Median House Prices To Soar, Australia’s Green Hydrogen Leap
Qantas is flipping the script on its Frequent Flyer program, throwing open the airplane doors to over 20 million more reward seats. That's right, folks, snagging a seat to hotspots like London or Tokyo is about to get a whole lot easier.
🦘 Scammers Vs Aussie Banks, Grad Jobs Slowly Cool Down, Aussie Bitcoin ETFs On The Horizon
A tech insider is waving a big red flag at Australian banks, telling them it's high time they borrowed a page from New Zealand's playbook on fighting scams. Despite Australians losing a hefty $476 million to scams last year, banks are tripping over their own data clutter, making it a Herculean task to tighten security.
🦘 Cost of Living Relief In Upcoming Budget, Suncorp’s $375 Million Sale, How Small Businesses Can Revitalize The Economy
Prime Minister Anthony Albanese is hinting at some much-needed cost-of-living relief in next month's federal budget. At the COSBOA summit, he stressed the government's focus on helping families and small businesses weather the economic storm, possibly extending last year's energy bill relief that benefited millions.
🦘 House Prices Break More Records, How Banks Can Profit From AI, Collette’s Owners Go Into Administration
Buckle up, homeowners and prospective buyers! Australia's housing market is on a wild ride, with home prices surging for the 14th consecutive month. According to CoreLogic, the national average rose by 0.6% in March alone, clocking an 8.8% increase over the year.
🦘 Concerning Student Debt Statistics, Canada’s Warning to Australia, Aussies Increasingly Turn To Side Hustles
Australia's student debt is sky-high, clocking in at over $78 billion, affecting almost 3 million Aussies. As if carrying an average loan of $26,500 wasn't heavy enough, these debts are about to get heavier with an annual inflation indexation.
🦘 What Stores Are Open During Easter. Albo’s Ambitious Solar Panel Plan, Charter Hall’s $97 Million Move
As Easter hops around the corner, brace yourselves for a merry-go-round of opening hours among Australia's retail giants! If you're planning a shopping spree at Woolworths, Coles, Aldi, Bunnings, or Big W this Easter, you might want to bookmark this page.
🦘 What The Latest Inflation Data Means, Adelaide Tops Sydney & Brisbane, Coles’ Hottest New Collectibles
Australia's inflation rate is holding steady at 3.4% in February brings a mixed bag of news. While it's a relief from the staggering 8.4% peak in December 2022, experts caution that it's too early to celebrate.
🦘 Westpac’s New Scam Protection Measure, Canva Acquires Affinity Design Suite, Departing NAB Boss Issues Grim Warning
Westpac is stepping up its game with Westpac SaferPay, a nifty new feature aiming to shield its customers from the clutches of scammers. With Australians losing a hefty sum to scams yearly, this addition could be a game-changer.