Less than 20 years ago, 69% of Australians’ purchases were made with cash. It’s now 13% and falling. This chart shows how the way we pay has completely changed in just one generation.
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Going alcohol-free can spare the hangover and save money - unless your new drink of choice is the zero-free version of certain high profile tipples.
Our concerning finding is “non-compete clauses” are even more widespread in Australia than in the United States. And it’s not only among CEOs: even childcarers and yoga instructors are affected.
A new study by the Retirement Commission has identified the different personality characteristics that influence how we manage our money – you can test your own with their online quiz.
Adjusted for inflation, Australians are being paid less than they were in 2020. These 4 charts show what’s changed in how we work – and the growing gap between your pay and what you can afford to buy.
Workplace incivility doesn’t quite rise to the level of bullying, harassment or discrimination, which makes it harder to tackle. Here’s why it occurs and what can be done about it.
Overseas experiences suggests a targeted system using smart cards for buying fruit and vegetables would be more effective than broad-brush changes to the tax system.
Unless we boost productivity, wages growth could sink back to 2-3%. The Productivity Commission has some good solutions – and we’d argue redesigning the Stage 3 tax cuts should be on the list too.
Using internal expertise instead of external consultants could save businesses money and avert potential conflicts of interest.
Our research shows that aged care work is still stigmatised by other health professionals as dirty, difficult and low-status – more than most other jobs.
Of all the things we can do to boost productivity, working harder is one of the least likely to make a difference.
Mental health challenges are a fact of life in the modern workplace. Managerial understanding is struggling to catch up.
Senior public servants find the arms-length nature of consulting useful.
Business groups say the Same Job, Same Pay Bill will force employers to pay inexperienced workers the same experienced ones. In fact, it relates to labour-hire firms.
Per person, gross domestic product shrank 0.2% in the three months to March, the most outside of a COVID downturn since 2016.
The Reserve Bank governor has only three months left in the job and he isn’t yet sure inflation is on the way down.
Has PwC’s unethical behaviour damaged public trust in other businesses meant to be working in our best interests?
Last year, the workplace cop fined employers just $4 million for underpaying workers. The Tax Office collected $3 billion in penalties from people who didn’t pay their tax.
Will the decision to grant a 5.75% increase in award rates add to inflation and increase interest rates, making many of us worse off? Well, no.
PwC’s reputation has been damaged but public opinion is likely to demand more serious consequences.
New research from Swinburne University suggests the four-day work week really can be win-win for workers and bosses.
Our study of six Asia-Pacific countries found that there would be a remarkable return on investment from higher tobacco taxes. The Philippines, Australia and New Zealand have already shown it works.
In the 15 years since Australian governments committed to improving Indigenous employment rates, virtually nothing has been achieved.
New Zealand’s tax system might be in need of updating, but Revenue Minister David Parker’s new tax legislation is unnecessarily complicated at a time when we most need clarity.
Imagine taking money from others when times were bad, and not paying it back when times improved. That’s Western Australia’s approach to the other states.