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The Latest Breaking News from e61

Island state to cut, cut, cut its way back to the black

Tasmania will spend more on servicing debt in 2026/27 than on police, fire and emergency services, showing the scale of the state's borrowing challenge.

Extra fuel savings on the way after states end feud

Extra fuel savings on the way after states end feud

About $400 million of extra GST revenue as a result of the oil spike will be returned to motorists, despite the negative impact it will have on state buffers.

Capital gains discount and negative gearing turbocharged property speculation and pushed up prices, analysis finds

Capital gains discount and negative gearing turbocharged property speculation and pushed up prices, analysis finds

Exclusive: Landlords ‘leveraging up’ by exploiting property tax rules are fuelling Australia’s housing affordability crisis, e61 Institute finds

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How Young Aussies’ Living Habits Have Changed In 25 Years, By The Numbers

Soaring house prices have reshaped how we live, think more adults living with our folks, and lots of us playing musical chairs with rentals.

Five ways Australians’ spending, housing and dating habits have changed over the last 25 years

New lifestyle data shows how young people are living with their parents for longer and have fewer partners – while older generations are splurging

The Guardian - AU

Workers get $8k more bang for their buck in the bush

The financial incentive to live in the city is dwindling for most workers - from doctors to truckies - as house prices soar, according to economic research.

Young people sadder, lonelier since social media onset

Young Australians report worsening mental health since some of the most popular social media platforms entered their lives.

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Israel must allow humanitarian relief to reach Gaza, Australia and UK say in new joint statement – as it happened

Israel must allow humanitarian relief to reach Gaza, Australia and UK say in new joint statement – as it happened

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The Guardian - AU

Unemployed return to work in a 'hot labour market'

Unemployed return to work in a 'hot labour market'

More welfare recipients are turning away from the benefit system with lower unemployment rates a "source of celebration" for some.

Lower productivity firms are leaning on migrant labour and it's threatening living standards, think tank says

Lower productivity firms are leaning on migrant labour and it's threatening living standards, think tank says

Shifts in Australia's migration intake over the past decade appear to be a major contributor to the sharp decline in productivity growth, threatening economic expansion and living standards, a new report finds.

Wages growth jumps for new hires, Seek figures on advertised wages show

Wages growth jumps for new hires, Seek figures on advertised wages show

Wages growth jumps for new hires, but research shows under-35s are bearing the brunt of a falling share of income going to workers.

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