pressures bite

Treasurer Jim Chalmers has issued a sombre warning for all Australians, predicting years of struggle ahead.Addressing the nation in his budget speech on Tuesday night, Dr Chalmers made no secret of the fact that Australia was not immune to…

Westpac has made a surprise call on interest rates – lowering its forecast that the cash rate will be hiked as high as 4.1 per cent.Instead, the major bank has predicted interest rates will peak at 3.85 per cent and that the Reserve Bank of…

A quick glance over Australia’s leading news outlets has revealed a terrifying trend sweeping the nation – and there’s more grim news ahead. At Queensland’s Courier Mail, one alarming headline screams: “Industry a ‘shambles’ as national…

A prominent Australian building company spanning across three states is “teetering” on the edge of ruin, a top union member has warned. PBS Building, a multimillion dollar firm which does a mix of commercial and residential projects, is in…

Woolworths customers are shopping for affordable luxuries, swapping out red-meat and returning to brick-and-mortar stores. The major supermarket announced its FY23 half-year earnings on Wednesday with a heavy emphasis on customers looking…

The richest 1 per cent of Australians have pocketed more than $2500 a second – or $150,000 per minute – for 10 years straight, a shocking new report has revealed.Analysis by Oxfam Australia found Aussie billionaires’ wealth has skyrocketed…

A staggering 43 per cent of Aussies are regularly running out of cash before payday – and it hints at a far more alarming problem to come.According to new research from comparison site Finder, nearly one in two workers are currently…