Morrison, trailing in polls ahead of a national election to be held on May 21, said Australians had been preparing for a hike in interest rates "for some time" but conceded the decision would be difficult for some. "Throughout the pandemic, we have seen them do...
Rising interest rates and the ongoing adjustment of the economy to the pandemic disruption heavily impacted the economy in the June quarter. Growth was slower as the 2022-23 year closed.
The Reserve Bank of Australia has held rates steady at 4.35% since November 2023 after a rapid 425 basis-point hike since May 2022. Markets expect the RBA to ease policy by year-end, though the central bank has maintained the option to tighten. Credit growth remains restricted, ev...
Corporate profits are rising in the sector that’s been pointed out to be the biggest of our tax evaders, the biggest thieves of workers’ wages and superannuation, the biggest scammers of government-provided services, the biggest employers of casualized and temporary imported labor, and the bi...
From 22 March, she’s entitled to 70% of the adult pay rate. You can calculate junior employee pay rates for specific industries using the Fair Work Ombudsman Pay Calculator.Minimum wage for apprenticesThe pay rate for apprentices, as well as their entitlements, such as sick leave, annual ...
Rent, mortgage interest rates, or land tax related to the business owner’s home. Payments to a spouse or associate the support work such as secretarial and bookkeeping duties. Expenses that could not generally be deducted by an employee. ...
A $2.7 billion fall in private sector inventories – mainly from the mining and wholesale trade sector – was a drag on GDP, shaving 0.3 percentage points off GDP growth in the December quarter. However, the strong increase in public sector inventories provided some offset. ...
("Electric Vehicles Amp Up European Auto ABS Risk," Nov. 29, 2023). Some factors may alleviate these concerns. They include proposals such as third-party battery health certificates, extended manufacturer battery warranties, and studies suggesting slower degradation rates than manufacturers initially ...
For the 2021 census, the ABS began sourcing and using the administrative data, which includes personal income tax information from the ATO, Medicare enrolments, Centrelink data, electricity connections and rentals data.The ABS could fill the gaps using combined administrative data... The first ...
Unlike CFDs, forex trading offers the opportunity to benefit from interest rates associated with currencies and it is legal in the US. You can also trade spot metals in the forex market because they are considered a form of currency. For example, you can tradegold,silver,platinum, orpalladium...