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The Latest Breaking News from Nicki Hutley

As Australian housing prices drop, first homebuyers could be in for a win. But, as always, there’s a catch

Lower house prices can have far-reaching consequences – for mortgage default rates and consumer spending

The Guardian - AU

Migration remains a hot-button issue. But Australia should be careful not to throw the baby out with the bathwater

If the problem we’re trying to solve is housing undersupply, then planning and tax policies, not migration, should be where the focus is

The Guardian - AU

Efficient cars can cut hundreds from popular road trips

Picking a fuel-efficient car for your next domestic holiday could save you hundreds of dollars, and electric vehicles will save the most, research shows.

AAP

From analysis to the latest developments in health,
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Immigration key to Australia avoiding a recession, unlike NZ

If Australia is lurching towards a recession like the one neighbouring New Zealand is now suffering, there were few signs of it on Thursday.

The New Daily

Taking a stand: why your banking choices make a difference

Consumers have growing power when it comes to encouraging companies to act ethically

The Guardian - AU

Working more, paid less – the sad truth about women’s wages

Women are working more than men, according to the latest Australian Bureau of Statistics and their pay levels grew slightly faster than men.

The New Daily

Super discrimination worsens for women as the gender gap widens in key age groups

Despite rises in the superannuation guarantee and improvements in maternity leave women are not breaching the super gender gap

The New Daily

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Inflation is hurting people in their 50s due to low wage rises and housing costs

Inflation is making itself felt among older people, with 80 per cent of 50-plus respondents surveyed saying they are feeling the impact.

The New Daily

Federal government backs wage increase for lowest-paid workers in line with inflation

The federal government has backed a wage rise for the nation's lowest paid workers in line with inflation, arguing they should not see their real wages go backwards.

ABC News

Difficult budget decisions after $368 billion nuclear subs splurge

A plan to acquire a fleet of nuclear subs has been unveiled, but experts said the eye-watering price tag will force tough budget debates.

The New Daily

Canadian version of Dominic Perrottet's 'kids future fund' reveals who really benefits

The NSW premier says his "Kids Future Fund" will give every child across the state a head start, but data from the initiative that inspired it tells a different story.

ABC News

‘Incredibly difficult’: RBA prepares 10th straight rate hike, despite slowing economy

Struggling home owners face more bad news this week as the Reserve Bank prepares yet another hike in interest rates.

The New Daily

‘Doing it tough’: Financial pain at three-year high as cost of living, mortgage rates squeeze families

As many as four in ten Australians are now suffering financial hardship as the cost of living crisis combine with big interest rate hikes.

The New Daily

Walking the ‘narrow path’: Will Australia avoid a recession in 2023 as Jim Chalmers predicts?

Treasurer Jim Chalmers isn't predicting a recession in 2023, but experts say the risk is rising as consumer spending slows.

The New Daily

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The Guardian - AU

After the floods: Eugowra awaits the insurance payouts that may not come

Central-west NSW residents left homeless by November’s devastation are still waiting for claims, with many uninsured against floods

The New Daily

‘Mighty’ shoppers drive the economy as millions splurge before Christmas

The strength of consumers spending right now has many economists scratching their heads ahead of Christmas but a "reckoning" looms.

Reuters

Analysis-Australia's climate policies don't match its big talk at COP27

Australia is talking up its green credentials at the annual U.N. climate summit, but its policies do not match the portrayal as it continues to support new mining and energy projects, and fuels the crisis through its enormous fossil fuel exports.

ABC News

What does the federal budget deliver for business? Child care, skills and tax the centrepieces

Addressing skills shortages is the government's key budget focus to assist business, with tax stings in store for some multinationals, cash-in-hand businesses and investors.

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The New Daily

Employers underpaid superannuation by a whopping $33 billion in recent years

Rogue employers are underpaying 2.8 million Australians' superannuation payments and the ATO is only recovering 15 per cent of that total

The New Daily

How Australia can speed up its lagging electric vehicle industry

Fossil fuel subsidies costs Australia billions, money which could be better spent on speeding up the electric vehicle transition.

AAP

Climate Council issues pre-budget wishlist

The government could fund electric vehicle chargers for every 12km of road with the $11.6 billion spent on fossil fuel subsidies, the Climate Council says.

The New Daily

Monthly mortgage repayments could jump by $1000, as RBA weighs another rate hike

Homeowners with a mortgage of $500,000 could be facing monthly mortgage payment increases of just under $1000 by the end of the year

ABC News

Climate Council outlines 10 steps to beat government's 43pc emissions reduction target

A report from the Climate Council says the government's 2030 emissions target is too low, and that there are 10 areas we need to focus on to speed up our approach to net-zero.

The New Daily

Floods and higher grocery prices reveal cost of climate inaction: Economists

The economic cost of Australia's fourth serious flood in just 18 months is tipped to run into millions of dollars – but it's just the tip of the iceberg.

ABC News

Why are interest rates going up? What does inflation have to do with the Reserve Bank’s decision?

Interest rates have just risen, again. But do you understand why? Here's everything you need to know.

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