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Unemployment falls to 5.7% in April

18 May 2017 | SMH

Australia's unemployment rate fell to 5.7 per cent in April, official figures show, beating expectations of a flat rate of 5.9 per cent.

The total number of people with jobs rose by 37,400 in the month, the Australian Bureau of Statistics said on Thursday.


Tax Office deputy commissioner linked to country's biggest tax fraud

18 May 2017 | AFR

Michael Cranston's illustrious 35-year career at the Trax Office suffered a major blow when he learned his son had been arrested over his involvement in one of the country's biggest white-collar crimes.


Budget 2017: Shorten’s reply speech shows dangerous new political reality

17 May 2017 | The Australian

Australian politics is now a race to the bottom of the economic canyon.

Bill Shorten’s budget reply speech tonight crystallised the dangerous new political reality in Australia.


Wage growth set to stall at all-time low

17 May 2017 | SMH

Real wage growth has fallen into negative territory and stalled at an all-time low, figures to be released on Wednesday are expected to show, as workers receive pay rises that have failed to keep up with the cost of living.


Save for a home without ditching coffee

15 May 2017 | Domain

While saving for a home requires cutbacks on luxuries, which is something you’re no doubt sick of hearing, it’s definitely okay – and important even  – to have at least one thing you indulge in. Life is short after all, so it must be enjoyed!


Mining company BHP drops Billiton from name in $10m ad campaign

15 May 2017 | Guardian Australia

BHP Billiton, the world’s biggest miner is rebranding, changing its name back to just BHP from this week.

The company is rolling out a $10m advertising campaign that includes television ads and a new slogan, “Think Big”, to facilitate the change.


'It's pathetic': Labor to oppose Malcolm Turnbull's university changes

11 May 2017 | SMH

Labor will put higher education at the centre of its response to this year's budget by announcing it will oppose all the government's major university changes, including the proposed rise in fees and slashing of the HECS repayment threshold.


Fairfax boss Greg Hywood was paid as much as $7.2m in 2016

11 May 2017 | The Guardian

The Fairfax Media chief executive, Greg Hywood, was paid as much as $7.2m in 2016 – substantially more than the $2.74m reported by the company in its last executive pay rundown.


Who are the winners and losers of the 2017 Budget?

09 May 2017 | Kelly Hughes

OVERVIEW:
WINNERS:
- The Medicare levy will be increased, with the revenue to fund a $22 billion National Disability Scheme.
- First home buyers will be able to use voluntary contributions to their superannuation to save for housing, as well as a new restriction on foreign property owners.


Federal budget 2017: Winners and losers

09 May 2017 | ABC

WINNERS: The National Disability Insurance Scheme has been fully funded. The fund to pay for it will be topped up with additional money generated from the increase in the Medicare Levy. Over the forward estimates, $9.1 billion will be paid into the special account.


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