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Allowing Australians to access super to pay for first home would blow multibillion-dollar hole in budget, modelling finds

Deloitte modelling for Super Members Council finds move could cost budget up to $2.5bn a year by end of the decadeGet our morning and afternoon news emails, free app or daily news podcastLetting Australians access superannuation to buy their first home would blow a hole of up to $2.5bn a year in the budget by the end of the decade, according to Deloitte...

Wed May 8, 2024 18:37
‘I’ve got nowhere else to go’: As winter draws in, dozens are sleeping rough in Ballarat

People living on the shores of Ballarat’s Lake Burrumbeet say they have to choose between rent or food and petrol – and they have chosen the latterSign up for the Rural Network email newsletterJoin the Rural Network group on Facebook to be part of the communityAn old black billy hangs above a doused fire at the front of John Cleeland’s caravan, nestled...

Wed May 8, 2024 18:37
Australia’s health watchdog warns patients are being overprescribed psychotropic medication

Royal commissions into disability and aged care found ‘a fundamental problem’ with how the drugs were usedGet our morning and afternoon news emails, free app or daily news podcastGlenda Parkin was 56 when she was diagnosed with younger-onset dementia, a rare visual variant of Alzheimer’s disease known as posterior cortical atrophy. She became functionally...

Wed May 8, 2024 18:37
Budget sneak-peek predicts higher wages and tax breaks – but no increase for Australians on jobseeker

Government dampens hopes for an increase to jobseeker, despite pressure from economists, social justice groups and equality advocatesGet our morning and afternoon news emails, free app or daily news podcastAustralians are forecast to have more disposable income next year, according to budget predictions, with higher wages, tax cuts and lowering inflation.But...

Wed May 8, 2024 18:37
Those calling for higher interest rates in Australia should be careful of what they wish for

We need to avoid replicating the experience of the 1990s, when taming inflation involved destroying the economyGet our morning and afternoon news emails, free app or daily news podcastIt seems that some people really want a recession. The estimates of inflation not falling below 3% until the end of next year has led some commentators to demand higher...

Wed May 8, 2024 18:37
Behaviour programs can curb the cycle of domestic violence – so why are hundreds of Australian men on waiting lists?

Perpetrator counselling programs are no ‘magical solution’ but a crucial pillar in preventing and stemming reoffending, experts sayGet our morning and afternoon news emails, free app or daily news podcastDavid knew carrying out violence against his family was wrong. But it was a 20-week court-mandated program that taught him how to change his behaviour.After...

Wed May 8, 2024 18:37

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