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Showing 41 - 50 of 160 results for "Cost of living"

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... and farms are owned by SMSFs, this new tax could drive up their costs substantially at a time of unprecedented cost of living increases," said SMSFA chief executive Peter Burgess. "Therefore, it's important the full impact on taxpayers, including small ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Cost of living pressures and the transition to clean energy took centre stage on federal budget night as the Labor Party unveiled a package of measures in response to mounting economic uncertainties. Federal treasurer Jim Chalmers delivered the 2023-24 ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
The federal government has delivered its second budget since coming into office last year, and as expected, cost of living support has featured prominently. So what has treasurer Jim Chalmers included in the 2023 federal budget when it comes to spending ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... laissez-faire when it comes to government support in bringing down inflation, he added. "You can't solve a cost of living problem that's generating higher inflation by pushing more money into the economy; that simply puts upward pressure on demand ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... even if these returns mightn't necessarily keep pace with inflation. NAB executive Paul Riley said the rising cost of living has prompted customers to be more price savvy. "Against uncertain global markets, we have seen customers embrace the secure ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
... below average. "Looking forward, we expect that consumption growth will remain subdued for some time," Lowe said. Cost of living pressure is squeezing household budgets across the country, with the decline in house prices slashing measured household ...

The seven global megatrends to watch: CSIRO

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... Finally, 'unlocking the human dimension' touched upon trends around trust, consumer empowerment, as well as the cost of living. "In Australia, we've historically seen low levels of trust when it comes to trust in Australian institutions," Naughtin ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... have a decent retirement and having a decent retirement income is part of that picture," said Colvin. "But, if the cost of living keeps going up then to have a decent retirement the income becomes the means to that end." Colvin said investing in affordable ...

Residential mortgages will defy headwinds: Study

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
... The residential mortgage sector will withstand the current headwinds driven by rapidly rising interest rates and cost of living pressures, a new study finds. According to Foresight Analytics, there are three key factors that will mitigate the risks facing ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... increasingly pressing issue for retirees, who worry that their retirement income may not be enough to sustain their cost of living. Even if the Reserve Bank of Australia (RBA) returns inflation back to its 2-3% target range by 2025, which RBA governor ...