GFC was worse than COVID: Treasury In lieu of reporting a $200 billion Aussie cash stash yesterday, the Treasury report said the 2007-2009 crisis was worse than the COVID-19 recession. By Harrison Astbury ● January 15, 2021
Aussies spending 40% of their monthly income on bills As many as 85% of Australians have experienced 'bill shock' in the last three months, with young people forking out over 40% of their income on bills. By Emma Duffy ● January 15, 2021
Aussies cash in government support to the tune of $200bn in savings Treasury findings show the pandemic flushed households with extra liquidity, with Australians better off by $200 billion in less than a year. By Harrison Astbury ● January 14, 2021
Aussies overspending on food but saving on household services New research has revealed consumers are forking out on food and cutting back on bills. By Alex Brewster ● January 13, 2021
Australians pull $7k out of super in week before Christmas About 22,000 Australians withdrew an average of $7,000 each in the week before Christmas under the early release of super scheme. By Emma Duffy ● January 06, 2021
Job ads hit an 18-month high: ANZ ANZ has reported a 9.2% 'V-shaped' rebound in job advertisements, now at an 18-month high, but has warned of upcoming challenges for the labour force. By Harrison Astbury ● January 05, 2021
8 financial resolutions to kick-start 2021 2020 was a dumpster fire of a year but if anything good came out of COVID, it was that it made many of us more aware of our spending habits. By Emma Duffy ● January 05, 2021
JobKeeper reduced from today: Here's what you should know The JobKeeper subsidy is being reduced by up to $200 a fortnight per employee today. By Harrison Astbury ● January 04, 2021
'Zombie company' protections end 1 January Temporary debt protections put in place in March will be wound back on 1 January, but a permanent increase in the bankruptcy threshold will apply. By Harrison Astbury ● December 22, 2020
Victoria and Black Friday lead massive spike in retail sales Australian retail turnover rose 7% in November, seasonally adjusted, with an open Victoria and Black Friday leading the charge. By Alex Brewster ● December 22, 2020