tough times

A staggering number of Aussie businesses are planning to lay off staff in 2023 as the grim economic conditions plaguing the globe start to wreak havoc locally as well. Almost two in five business leaders (38 per cent) expect to let…

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…

At first it was just anecdotes. People were talking about struggling to make ends meet, but they were isolated cases. Now however? The suffering is widespread enough to show up in official statistics. There are three signs that signal how…