Author Archives: feedsy
Property tax concession change talk sparks uncertainty
2 October
Property investors are anxiously awaiting any potential changes to tax breaks after a week of mixed messages on negative gearing and capital gains tax. Prime Minister Anthony Albanese has repeatedly insisted Labor has no plans to touch the tax...[Read More]
Retail trade springs back after warmer weather
2 October
Warmer-than average weather and Fatherâs Day sales spurred on an early spring blitz to the shops in a boost to retail figures. Australian Bureau of Statistics figures showed retail spending grew 0.7 per cent in August and increased 3.1 per cent in...[Read More]
Generation dread: Aussies unprepared for money shocks
2 October
Less than a quarter of Australians are satisfied with their financial position, with younger generations increasingly relying on grandparents for support. Research conducted by investment group MLC found 70 per cent of people said financial...[Read More]
Retail sales to show economy continues to sputter along
2 October
Retail sales figures should show the Australian economy continues to âmuddle alongâ without setting off too many alarm bells about an imminent recession or inflation kicking off again. Economists expect the Australian Bureau of Statistics on...[Read More]
$14m funding boost to make sustainable jet fuel fly
2 October
A proposed facility that could turn agricultural waste into jet fuel has won a $14 million launch boost from state and federal governments. Jet Zero Australia announced the record funding on Friday after commitments from the Australian Renewable...[Read More]
High-density issues hurting Australiaâs housing goal
2 October
The federal governmentâs signature deal with the states to solve the housing crisis appears in tatters, with fresh construction approval numbers providing a bleak outlook. Dwelling approvals dropped by 6.1 per cent in August, further endangering...[Read More]
Travellers to fly for less if Qatar lands Virgin deal
2 October
A major airline deal promising better value airfares into Europe and Asia wonât crash prices for passengers but will be difficult for regulators to turn away, an aviation expert says. Qatar Airways has proposed purchasing one-quarter of Virgin...[Read More]
First test flight takes off from Western Sydney Airport
2 October
The first plane has taken off and landed at what will be Australiaâs next international airport. A test pilot hit the milestone in a Piper PA-30 Twin Comanche aircraft at Western Sydney International Airport after completing a series of landing...[Read More]
Spring home maintenance tips
26 September
During the chilly winter months, most people hibernate and spend their time indoors. But with springtime comes sunshine that brings a new boost of energy for everyone. Because of the ideal weather, spring is a great time to clean and tick off some...[Read More]
Power subsidies and cheaper petrol drive down inflation
25 September
A drop in inflation has been welcomed as a small respite for struggling shoppers but households are being warned prices are set to bounce around and not come down in a straight line. Inflation cooled to 2.7 per cent in the 12 months to August, down...[Read More]
Donât put money on rates relief soon, borrowers warned
25 September
There are still no plans to cut interest rates soon as the Reserve Bank held the cash figure steady for what will be a calendar year. The RBA wants more signs inflation is under control before it will consider lowering rates, Governor Michele...[Read More]
Slight reprieve as inflation cools to 2.7 per cent
25 September
Australians have been gifted a slight reprieve, with inflation moderating to 2.7 per cent as price pressures hurt shoppers at the checkout. The drop in the inflation figure spanning the 12 months to August was spurred by a decrease in transport...[Read More]
Overheated market could burn first-time home buyers
25 September
Pushing people to enter the âoverheatedâ housing market is a bad idea, an expert says, with new data finding first-time buyers want to purchase property as soon as possible. A report has affirmed Australians are eager to join the home-ownership...[Read More]
PM bats back questions over curbing property tax breaks
25 September
The prime minister has swatted away questions about curbing property tax breaks after reports of secret modelling. The federal government has sought advice from Treasury on scaling back negative gearing and capital gains tax concessions, according...[Read More]
More super for mums, dads as parental leave laws pass
25 September
New mums and dads will get extra superannuation on their government-funded paid parental leave after reforms cleared federal parliament. Eligible parents with children born or adopted after July 1 will get 12 per cent super for up to six months of...[Read More]