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private sector

Why fat cats are pocketing $6m in bonuses

Australia Post and NBN Co have hit back at the federal government’s call to explain why tens of millions in taxpayer-funded bonuses are flowing to top executives. The organisations said the cash handouts were critical in order to stop…

Big problem with Albo’s housing plan

A Greens MP has blasted Labor’s “bold” budget plan to build one million affordable homes over five years as “bulls**t”.In his first budget on Tuesday night, Treasurer Jim Chalmers unveiled a new “housing accord” which aims to address the…

Graph shows shocking home loan detail

The value of new home loan commitments fell 3.4 per cent to $27.4bn in August, new data has revealed.It comes after a fall of 8.5 per cent in July, according to the Australian Bureau of Statistics.“The value of new owner-occupier loan…