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Nicholas Eagar

Sign cash could disappear for good

Financial institutions, including banks, could pool their resources to ensure cash access is maintained, Reserve Bank governor Michele Bullock has said. Speaking at a payments summit on Tuesday morning, Ms Bullock said the central bank was…

Albo caves to states’ tax threat

Anthony Albanese has paid a hefty sum for reforms to share the costs of the National Disability Insurance Scheme with the states and territories. The Prime Minister hosted leaders for the final national cabinet meeting of the year in a bid…

Jobs least likely to get a pay rise in 2024

Most Australians have been warned they shouldn’t expect a decent pay rise in 2024, with a new survey revealing the jobs where employers are least likely to offer a pay rise above inflation.The Robert Walters 2024 Salary Survey of more than…

Aussie dollar hits three-month high

The greenback slid against major currencies overnight to push the Australian dollar to its highest level in more than three months. The Australian dollar reached US66.14 on Tuesday morning, its highest since August 10. While markets expect…

How your boss is ripping you off by $11k

Aussies are being dudded out of thousands per year and working on average seven weeks worth of unpaid overtime per year, according to fresh data. The research by the Australia Institute found the average worker was losing more than $11,000…

Grim warning for Aussie homeowners

The Reserve Bank has been urged to lift interest rates and governments warned to pull back on infrastructure projects to reduce inflation. In its annual economic health check, the International Monetary Fund concluded Australia’s economy…

Why Gen Z Aussies are different

Gen Z Australians are saving hard to splash out on “once-in-a-lifetime” moments as part of a generational move to make up for time lost to the pandemic, according to the latest consumer survey from one of Australia’s biggest banks. NAB’s…

Big change for Aussie Hecs debts

Australians with higher education Help loans will be able to earn slightly more before they start making repayments as inflation drives up student debts to new highs.The federal government lodged the official Help repayment thresholds for…

CEO slams immigration ‘ponzi’

Outspoken tech executive Matt Barrie has blasted the Albanese government’s record high immigration intake as a “national disgrace” in a blistering speech to business leaders and bureaucrats.The Freelancer chief executive, speaking at The…

Treasurer’s wild concession on tax cuts

Jim Chalmers has conceded wealthier Australians will benefit the most from the stage three tax cuts but suggested the policy will protect people on lower incomes from bracket creep.The Albanese government has not made any changes to the…