millennials save money

Australia's unemployment rate edges up in March

Australia's unemployment rate marginally increased in March to 5.2%, from 5.1% in February, seasonally adjusted.

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millennials save money

How businesses can receive the JobKeeper stimulus payments

Much of the focus around the JobKeeper scheme is how employees can receive it, but what about employers?

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millennials save money

Why is the underemployment rate important in the coronavirus era?

Unemployment is a key statistic of the health of the economy, but in the COVID-19 era, underemployment is arguably just as important.

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Treasury tips unemployment to hit 10%, recession all but confirmed

Treasurer Josh Frydenberg said unemployment is expected to rise to 10% in the June quarter due to the coronavirus outbreak.

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Australia well equipped to deal with economic fallout from coronavirus

Australia's central bank has painted a cautious but positive outlook for the country's financial system as it grapples with COVID-19.

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Sydney and Melbourne property prices could fall up to 30% due to coronavirus

New research has painted a grim picture for the Australian property market's future should the coronavirus pandemic worsen.

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Morrison Government announces new rules on commercial tenancies in coronavirus period

The Prime Minister has announced new rules for commercial tenancies.

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Is the RBA going to cut the cash rate again today?

Less than three weeks after its emergency rate cut in March, Australia's central bank meets again today to discuss further cuts.

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Retail sales exceed expectations in February

Australian retail turnover rose 0.5% in February 2020, seasonally adjusted, with the strong result propelled by food retailing and department stores.

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COVID-19: NAB slashes credit card rate, waives late fees and reduces minimum repayments

NAB has announced changes to its credit card policy as part of new support measures for those in financial hardship as a result of COVID-19.

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