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🦘 Salary Required To Buy A Home In Australia, Telstra Price Hike Despite Promises, ATO’s Superannuation Tips
Thinking about buying a home? Brace yourself: property prices are on the rise again. According to CoreLogic’s latest report, median dwelling values in Australia jumped by 0.7% in June alone and a whopping 8% over the past financial year.
🦘 Cheaper Uber Rides From August, Debt Hotline Hit With Record High Calls, BYD Surges in EV Market
Hold onto your seats, folks, because Uber's got a game-changing announcement that could make your next ride a bit cheaper! Starting August 7, Uber is tweaking its pricing model down under, aiming to keep riders happy and drivers busy.
🦘 Inflation To Return To Target Range Soon ServiceNSW Expected To Cut 60% of Jobs Biggest Reasons For Aussies Quitting Their Jobs
Good news on the horizon, folks! According to Gareth Aird, head of Australian economics at CBA, Australia’s inflation is set to behave itself and slide back to the Reserve Bank of Australia's (RBA) sweet spot by the end of the year.
🦘 Retail Sales Give Economic Boost, Building Approvals Rebound, Dutton’s Divestiture Powers Split Liberal Party
Retail therapy went into overdrive in May, giving the Australian economy a much-needed lift. The Australian Bureau of Statistics reported a 0.6% boost in retail turnover, fueled by deal-hunting consumers chasing early end-of-financial-year bargains.
🦘 Minimum Wage Boost In Effect, NAB’s Online Vacation, Bonza Airlines Officially Goes Under
Australia’s lowest paid workers just scored a financial lifeline with a 3.75% bump in the national minimum wage, thanks to the Fair Work Commission’s latest decision. This wage hike, benefiting around 2.6 million Aussies (that’s about one in four workers!), now sets the hourly rate at $24 or $915.90 per week.
🦘 Aussies Drowning In Debt, Economic Forecasts For Upcoming Year, More Property Records Smashed
While living costs keep climbing, some Australians are taking desperate measures to stay afloat, turning to payday lenders who charge eye-watering interest rates. Recent findings by ASIC reveal that one in five Aussies have borrowed from these lenders in the past year, with some even going back multiple times.
🦘 New Financial Year Changes, ANZ & Suncorp Merger Gets Green Light, Aussie Banks Heading Towards Cashless Payments
Happy new (financial) year folks! From tax breaks to vaping regulations, a bundle of new measures is rolling out for Aussies starting July 1. First up, taxpayers will see a bit more cash in their pockets, thanks to the stage three tax cuts.
🦘 Rate Cut Forecasts Delayed Further, Potential Qantas Competitor, Foreign Investment in Aussie Real Estate
Brace yourself, Aussie borrowers, NAB just dropped a bombshell on interest rate cuts. Initially penciled in for November 2024, the National Australia Bank now expects no relief until May 2025.
🦘 Inflation Spikes To 2024 Highs, Luna Park For Sale, Housing Profits Soar to 14-Year High
Brace yourselves, homeowners! Inflation is soaring to new heights, hitting 4% in May – its highest level in 2024 – and it's setting the stage for a potential 14th interest rate hike from the Reserve Bank of Australia (RBA).
🦘 Push For 5 Weeks of Leave, Energy Rebates For Western Australia, Collins Foods’ Monster Profits
Australian workers might soon enjoy an extra week of vacation, thanks to a fresh campaign by the Shop, Distributive and Allied Employees’ Association (SDA). This campaign aims to update the National Employment Standards to include five weeks of leave, a move supported by business experts to curb employee burnout.
🦘 Aussie Workers The Most Burnt Out, Huge Fines For Misbehaving Retailers, $50 Million Lifeline for Armaguard
Aussie knowledge workers are hitting burnout levels higher than any other country, according to a new global survey by UiPath. Out of more than 9,000 survey participants, 900 Australians revealed they felt overwhelmed and were desperately juggling more tasks with fewer resources.