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Wage price index

Wages growth hits 14-year high

Annual wages growth has hit its highest levels in almost 15 years, after significant pay rises for award wage earners and aged care workers came into effect.But the figure likely represents a peak for wages growth, economists said, as the…

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…

Finance guru’s bleak rate rise prediction

Finance guru Mark Bouris says he is hearing rumours of distressed homeowners quietly selling their properties in a “bad indicator” for the market.The executive chairman of mortgage broker Yellow Brick Road on Wednesday issued a dire…