Tuesday’s budget will forecast a growth in real wages of three quarters of a percentage point over the year to June 2024. This is an upgrade of half of a percentage point since the October budget
The Albanese government had no intention of giving the Low and Middle Income Tax Offset a further lease of life. It just would have preferred that a pesky journalist hadn’t highlighted the fact
From the late 1960s to the early 1980s, more unionised workforces from Europe to Aotearoa New Zealand fought hard to keep wages abreast with inflation. But it’s unlikely that could happen now.
Renters and property managers both have mutual responsibilities in times of financial crisis.
THE CANADIAN PRESS/Jonathan Hayward
In order for Canada to overcome the housing affordability crisis, individuals, families, the real estate industry and government all need to work together.
Raising rates to fight inflation involves a time lag so current efforts to bring down prices won’t start having an impact until the next election is approaching.
Fed chair Jerome Powell opted for a cautious approach on rates.
Alex Wong/Getty Images
The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
Understanding and finding ways to reduce our financial stress – and its emotional impact on us – can help make this challenging time a bit easier.
A demonstrator holds a placard reading “Macron, no no no no, 49,3 times no”, a reference to a French law that would allow the country’s president to pass pension reform without a vote in the National Assembly.
Christophe Simon/AFP
While the scale of the strikes in both countries is historic, a scholar in employer relations notes the legislative conditions framing industrial action in the UK are much more restrictive.
What will happen to the euro zone’s rising prices in 2023? Here’s an overview of the factors which might influence inflation’s acceleration or deceleration.
Some pet owners are facing heartbreaking choices due to rising prices.
Budimir Jevtic/Shutterstock
The strikes (minimum service levels) bill making its way through parliament potentially means employers can block named workers from taking industrial action.