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Finance

Economists warn alternate solutions to inflation levels will hit worse than rate hikes

by Anas Siddiqui
Economists warn alternate solutions to inflation levels will hit worse than rate hikes

Australians frustrated with aggressive interest rate hikes are being warned the alternative is for the government to slash its spending, or demand more in tax. Economists are divided over whether …

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London Wants American Crypto Refugees | WIRED

by Anas Siddiqui
London Wants American Crypto Refugees
| WIRED

The Sunak government’s desire to attract crypto could give impetus to attempts to build a more comprehensive regime for the industry. But it could also create competing incentives. Critics of …

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July 1 marks start of new financial year, bringing changes to Centrelink payments and wages

by Anas Siddiqui
July 1 marks start of new financial year, bringing changes to Centrelink payments and wages

The new financial year is here — which means a raft of changes is set to impact Australians’ home budgets. From July 1, millions of Australians will receive a weekly …

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Australian borrowers face ‘mortgage cliff’ with half of all fixed rates set to expire

by Anas Siddiqui
Australian borrowers face ‘mortgage cliff’ with half of all fixed rates set to expire

Australian borrowers face falling off a “mortgage cliff” as their fixed rates expire and the Reserve Bank of Australia’s repeated hikes to the cash rate set in. Analysis by finance …

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Bill Shorten said former government ‘gaslit a nation’ after Robodebt report released

by Anas Siddiqui
Bill Shorten said former government ‘gaslit a nation’ after Robodebt report released

Bill Shorten has accused of a series of politicians in the former government of gaslighting the nation over the robodebt scheme. The government services minister said the debt recovery scheme …

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How to maximise your tax return when you lodge in 2023

by Anas Siddiqui
How to maximise your tax return when you lodge in 2023

With tax time fast approaching, you may be planning to spend this year’s refund on a holiday, shopping spree or simply to catch up on bills. But as Australians dream …

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ChatGPT’s User Base Shrank by 10 Percent in June

by Ron Morgan
ChatGPT’s User Base Shrank by 10 Percent in June

Photo: Win McNamee (Getty Images) Ever since it debuted last year, OpenAI’s ChatGPT has been the hottest product in tech. It kicked off the so-called “AI revolution,” launched droves of …

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Warning to Aussies building recession ‘war chests’ as banks offer tempting savings rates

by Anas Siddiqui
Warning to Aussies building recession ‘war chests’ as banks offer tempting savings rates

Interest rates on some Australian savings accounts could soon surpass six per cent, but one financial expert has issued a warning to savers weighing up a tempting switch. A dozen …

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RBA rates decision Tuesday: Reserve Bank of Australia hands down decision on interest rates amid threat of recession, easing inflation

by Anas Siddiqui
RBA rates decision Tuesday: Reserve Bank of Australia hands down decision on interest rates amid threat of recession, easing inflation

Australian mortgage holders can breathe a sigh of relief following the Reserve Bank of Australia’s decision to pause cash rate hikes. The RBA met on Tuesday and decided not to …

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Jack Dorsey’s Bluesky Crests One Million Users

by Ron Morgan
Jack Dorsey’s Bluesky Crests One Million Users

Ever since Elon Musk took over Twitter late last year, things have gone from bad to worse at the microblogging site. Many users want out, and they’re hoping that there’s …

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