Renters face an impossible challenge in retirement without more assistance and need significantly more superannuation than homeowners, a report shows.
A startling number of Australians are worried about their retirement prospects, and many fear they won't be able to retire at all, according to a study.
A potential reduction in US borrowing costs is giving global investors’ confidence, and that sentiment is flowing through the local stock exchange.
A lift in expectations of an interest rate cut have provided a springboard to send Australian equities to new highs, after weeks of consolidation.
Australia's wealth landscape is changing, and younger Australians are increasingly looking to markets to secure their financial future.
Meeting minutes have shed new light on the Reserve Bank's decision to hold rates steady in July, with Australia's low unemployment rate a concern for the board.
All the smoke signals point to an interest rate cut as Australian retail spending continues to grow amid cooling consumer and producer inflation.
Australian retail spending continues to grow amid cooling consumer and producer inflation, with all the smoke signals pointing to an interest rate cut in May.
Quarterly inflation figures have come in slightly higher than expected, but could still make room for an interest rate cut by the Reserve Bank.
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