An overwhelming majority of Australians support lifting the superannuation guarantee to 12% despite Reserve Bank modelling revealing that doing so will shrink wages growth.
New data from hundreds of thousands of Australians shows that household savings has increased massively not just during the pandemic, but before it as well.
The number of businesses struggling to pay their bills on time has surged by 20%, the biggest leap in at least a decade, signalling tougher times could be ahead for the economy.