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Showing 451 - 460 of 4065 results for "inflation"

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... Cost of living relief The Budget delivered broad-based cost-of-living support, but its spending measures risk stoking inflation, the Committee for Economic Development (CEDA) said. "While its previous Budgets struck a good balance between supporting ...

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... under out predecessors," Chalmers said. "And we are banking 99% of revenue upgrades this year - keeping pressure off inflation while it is still above band. With Treasury not expecting we could be back to the inflation target this year, not next." In ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... businesses will receive $325 on their electricity bills throughout the year. This is estimated to directly reduce headline inflation by around 0.5% in 2024-25 and is not expected to add to broader inflationary pressures. Renters will also receive some ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... be transferred and split evenly across the two new options. The new Australian Shares option has a target return of inflation plus 5% over rolling 10-year periods and is considered very high risk, with an estimated probability of a negative return of ...

Chalmers makes bold inflation prediction

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
Federal Treasurer Jim Chalmers says the government is predicting inflation will come back into the Reserve Bank of Australia's (RBA) target range of 2-3% by Christmas and will be sitting at around 2.75%. The prediction is at odds with the RBA's modelling ...

Inflation spooks retirees more than healthcare costs

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
The tentacles of inflation are taking a toll on retirees' savings as the diminished value of their money is their biggest financial worry over healthcare costs, according to a Schroders survey. An overwhelming number of participants in the 2024 ...

The unintended consequences of the four-day work week

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
While a minority of organisations have embraced it, the four-day work week potentially has unintended consequences that are inflationary, reduce productivity, and can lead to employee burnout. This is according to some experts who recently spoke at ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... The Committee suggested either increasing the cap to $100,000 or $150,000, or removing the cap altogether. "Rampant inflation under Labor means that the Committee has had to re-examine previously proposed thresholds and caps, to ensure the policy can ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... widely expected by economists. But some have suggested another hike could be on the horizon given less than optimistic inflation data which rose 1% in the March quarter. In addition, the RBA lifted its Consumer Price Index forecast by 5bps in June and ...

ATO flags key focus areas this tax time

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... at three key areas where taxpayers make common mistakes this tax season. Incorrectly claiming work-related expenses, inflation claims for rental properties and failing to include all income when lodging will all be focus areas for the ATO come end of ...