Economic Volatility Delays Australian Retirements
Rising inflation and cost of living are causing many Australians nearing retirement to delay their plans by an average of six years, impacting their financial security and highlighting the need for adaptable retirement strategies, according to recent research.
Economic Volatility Delays Australian Retirements
Rising inflation and cost of living are causing many Australians nearing retirement to delay their plans by an average of six years, impacting their financial security and highlighting the need for adaptable retirement strategies, according to recent research.
Progress
44% Bias Score
Centrelink Payment Increase for Over One Million Aussies
Over one million Australians will receive a boost to their Centrelink payments from January 1st, 2024, with increases ranging from \$5.80 to \$54 per fortnight, reflecting an annual cost of \$63.8 million, as the government aims to alleviate the impact of rising living costs.
Centrelink Payment Increase for Over One Million Aussies
Over one million Australians will receive a boost to their Centrelink payments from January 1st, 2024, with increases ranging from \$5.80 to \$54 per fortnight, reflecting an annual cost of \$63.8 million, as the government aims to alleviate the impact of rising living costs.
Progress
36% Bias Score
Coalition Claims Cheaper Nuclear-Backed Energy Grid Than Labor
Peter Dutton will claim the Coalition's nuclear-backed energy grid will cost $500 billion, significantly less than Labor's $642 billion renewables plan, escalating a key cost-of-living debate ahead of the next federal election.
Coalition Claims Cheaper Nuclear-Backed Energy Grid Than Labor
Peter Dutton will claim the Coalition's nuclear-backed energy grid will cost $500 billion, significantly less than Labor's $642 billion renewables plan, escalating a key cost-of-living debate ahead of the next federal election.
Progress
52% Bias Score
Weak Australian Economic Growth Amidst Record Immigration and Government Spending
Australia's economy grew by only 0.8% annually, its weakest performance since 1991 excluding the pandemic, despite record immigration and government spending; this resulted in a seven-quarter per capita recession, with economists predicting no near-term interest rate cuts.
Weak Australian Economic Growth Amidst Record Immigration and Government Spending
Australia's economy grew by only 0.8% annually, its weakest performance since 1991 excluding the pandemic, despite record immigration and government spending; this resulted in a seven-quarter per capita recession, with economists predicting no near-term interest rate cuts.
Progress
48% Bias Score
Harvey Slams Politicians for Lack of Business Acumen Amid Cost-of-Living Crisis
Gerry Harvey criticized Australia's politicians for lacking business experience, hindering their ability to manage the cost-of-living crisis, suggesting pairing them with successful business advisors to improve economic management.
Harvey Slams Politicians for Lack of Business Acumen Amid Cost-of-Living Crisis
Gerry Harvey criticized Australia's politicians for lacking business experience, hindering their ability to manage the cost-of-living crisis, suggesting pairing them with successful business advisors to improve economic management.
Progress
64% Bias Score
High Street Retailers Suffer Worst Sales Since Pandemic Amid Economic Anxiety
High street retailers suffered a 5.8% sales drop in November 2024, their worst performance since the pandemic, due to cost-of-living pressures, economic anxiety, and the impact of recent budget measures, with the fashion sector experiencing an 8% decline.
High Street Retailers Suffer Worst Sales Since Pandemic Amid Economic Anxiety
High street retailers suffered a 5.8% sales drop in November 2024, their worst performance since the pandemic, due to cost-of-living pressures, economic anxiety, and the impact of recent budget measures, with the fashion sector experiencing an 8% decline.
Progress
48% Bias Score
TÜRK-İŞ Rejects MÜSİAD's Minimum Wage Proposal as Insufficient
TÜRK-İŞ head Ergün Atalay rejected MÜSİAD's minimum wage suggestion as inadequate, demanding a livable wage considering inflation and the needs of 9 million workers, including retirees, emphasizing the current wage's insufficiency.
TÜRK-İŞ Rejects MÜSİAD's Minimum Wage Proposal as Insufficient
TÜRK-İŞ head Ergün Atalay rejected MÜSİAD's minimum wage suggestion as inadequate, demanding a livable wage considering inflation and the needs of 9 million workers, including retirees, emphasizing the current wage's insufficiency.
Progress
40% Bias Score
Record High Mortgage Arrears in Craigieburn Amid Economic Headwinds
Craigieburn, Australia, leads the nation in mortgage arrears with 2.96% of homeowners over 30 days behind on payments due to rising interest rates, economic downturn, and the impact of past lockdowns, forcing residents to work extra shifts and cut spending.
Record High Mortgage Arrears in Craigieburn Amid Economic Headwinds
Craigieburn, Australia, leads the nation in mortgage arrears with 2.96% of homeowners over 30 days behind on payments due to rising interest rates, economic downturn, and the impact of past lockdowns, forcing residents to work extra shifts and cut spending.
Progress
32% Bias Score
Woolworths Strike Causes Liquor Shortages Across Victoria and NSW
Over 1,500 Woolworths warehouse workers in Australia have been striking since November 21st, causing significant stock shortages at Dan Murphy's and BWS liquor stores across Victoria and southern NSW due to disruptions at five distribution centers, resulting in a $50 million loss for Woolworths.
Woolworths Strike Causes Liquor Shortages Across Victoria and NSW
Over 1,500 Woolworths warehouse workers in Australia have been striking since November 21st, causing significant stock shortages at Dan Murphy's and BWS liquor stores across Victoria and southern NSW due to disruptions at five distribution centers, resulting in a $50 million loss for Woolworths.
Progress
40% Bias Score
Australian Economy Shows Tentative Growth, but Sustainability Concerns Remain
Australia's economy is showing tentative signs of recovery, with projected growth of 0.3 percent in September, driven by government spending; however, this is deemed unsustainable by the opposition, who highlight the impact on small businesses and falling disposable incomes.
Australian Economy Shows Tentative Growth, but Sustainability Concerns Remain
Australia's economy is showing tentative signs of recovery, with projected growth of 0.3 percent in September, driven by government spending; however, this is deemed unsustainable by the opposition, who highlight the impact on small businesses and falling disposable incomes.
Progress
52% Bias Score
Seoul and Brisbane Top List of Most Affordable Global Capitals
A new index by Compare the Market ranks Seoul, South Korea, as the city with the lowest cost of living among 42 global capitals, followed by Brisbane, Australia, due to factors like low unemployment, affordable housing, and public transport.
Seoul and Brisbane Top List of Most Affordable Global Capitals
A new index by Compare the Market ranks Seoul, South Korea, as the city with the lowest cost of living among 42 global capitals, followed by Brisbane, Australia, due to factors like low unemployment, affordable housing, and public transport.
Progress
48% Bias Score
Irish Center-Right Parties Poised to Govern Despite Fractured Election
Ireland's national election resulted in a likely coalition government formed by Fine Gael and Fianna Fail, despite a reduced vote share and a fractured political landscape where votes were spread across many parties and independent candidates, including reputed organized crime boss Gerry "the Monk" ...
Irish Center-Right Parties Poised to Govern Despite Fractured Election
Ireland's national election resulted in a likely coalition government formed by Fine Gael and Fianna Fail, despite a reduced vote share and a fractured political landscape where votes were spread across many parties and independent candidates, including reputed organized crime boss Gerry "the Monk" ...
Progress
36% Bias Score