Finance stories from across Australia and the world (including cryptocurrency)
Should JobSeeker payments be made weekly instead of fortnightly? Yes, says the e61 Institute, a non-profit, non-partisan economic research institute. Weekly payments could help reduce hardship and financial stress without costing taxpayers more, it says. The institute recently compared JobSeeker […]
Nearly $19 billion in superannuation is waiting to be claimed by more than seven million people, the Australian Taxation Office (ATO) says. ATO Deputy Commissioner Ben Kelly said there are many reasons why someone may have lost or unclaimed super but
Australian pension funds are growing so much they are now investing in the US, UK and Europe energy, transport and infrastructure projects. Pension funds are keen to double their investment in Europe (with the UK) in 10 years as the
The Reserve Bank needs to cut interest rates again to keep a rising jobless rate at bay, the Australian Council of Social Service (ACOSS) says. “Between August and September, a further 34,000 people have become unemployed,” ACOSS CEO Dr Cassandra
Outstanding income tax returns from more than two million taxpayers need to be filed before the deadline to avoid penalty. Australian Taxation Office (ATO) assistant commissioner Rob Thomson says the October 31 deadline is fast approaching. “If you’re lodging yourself,
