Growth at 0.1 per cent is abysmal. GDP per capita has fallen by 1.6 per cent since mid-2022. You don’t see that sort of fall outside a deep recession.
For Treasurer Jim Chalmers,this budget is existential. Bad decisions could increase unemployment or provoke more interest rate rises. Both would be political nails in the government’s coffin.
You can forget about pandemic-level mortgage breaks – but you can still get some reprieve on your loan if you follow these five steps.
The RBA board said it was not yet confident inflation was definitely tracking down in its estimated time frame. Here’s what the board will be watching closely to make sure it does.
More than half of Victorians are experiencing cost-of-living and personal debt distress beyond normal levels.
Inflation may no longer trending upwards,but cost of living issues are still taking a toll across Australia.
Changing your habits if you’re a regular borrower can be hard,but there are methods you can use to help slash your debt.
The HELP system has assisted millions of Australians with their university degrees,but the income-contingent loan needs an overhaul.
Any debt is bad if you can’t pay it back,but some debts are better to have than others.
One in eight forced bankruptcy filings in NSW last year were applications by owners’ corporations to make individual owners bankrupt.
In total,nearly $US138 billion ($210 billion) in debt has been lifted from the shoulders of young people ahead of the presidential election in November.