Sydney’s property slump could paradoxically make it harder to achieve the state’s home building targets.
The NSW unemployment rate hit 4.7 per cent last month, the highest level since November 2021.
Across Melbourne, median earnings sit around $60,000, but in one leafy pocket, middle-aged men are pulling in almost $170,000 a year. Use our interactive tool to see the data for your area, age group and sex.
With contributions set at 12 per cent, people will, on average, have more cash income per year in their retirement than they did during their working life.
Rising construction costs and interest rate pressure look set to stall Australia’s building momentum despite a quarterly pick-up in completions.
Households will face “recession-like” conditions next year, a leading forecaster has warned, as evidence shows consumers are losing confidence in the economy.
How the “motherhood penalty” and the “tradie boost” play out across Greater Sydney. Use our interactive to see your area, age group and sex.
Eddie and Margaret Stevens are in their early 80s and doing everything they can to stay active. “You never know when your time is up,” says Margaret.
There is a growing risk Australia would be hit hard by a global financial shock as inflation stays high.
Home values fell in every capital city except Darwin last month.
