Business News

More people are retiring with high mortgage debts. The implications are huge

Written by Rachel Ong ViforJ, Professor of Economics, School of Economics, Finance and Property, Curtin University

Half a million Australians aged 50 and over lost their homes in the first decade of this century.Shutterstock

The number of mature age Australians carrying mortgage debt into retirement is soaring.

And on average each mature age Australian with a mortgage debt owes much more relative to their income than 25 years ago.

Microdata from the Bureau of...

How Proper Training Leads to Increased Profits
In today's competitive business environment, the significance of proper training cannot be overstated. Companies that focus…
Ever wanted to ditch the 9-to-5 and teach snowsports? We followed people who did it for 10 years
Konstantin Shishkin/ShutterstockWorkplace burnout – a state of emotional, physical, and mental exhaustion – and t…
Smart Tips to Grow Your Business Fast with Business Coach
Growing a business takes more than just long hours and a good product. Businesses need a clear direction and someone who ca…
New taxes on super didn’t get much attention in the election campaign. But they could be tricky to implement
Poetra.RH/ShutterstockThe re-election of the Albanese government has led to renewed concern about planned changes to the taxa…
How to Choose the Right Used Forklift for Your Business
Forklifts are essential tools in industries ranging from warehousing and logistics to construction and manufacturing. They …
Labor says its second term will be about productivity reform. These ideas could help shift the dial
Summit Art Creations/ShutterstockIn his victory speech, Prime Minister Anthony Albanese highlighted social policy as a major …

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

How Sydney Drone Photography Transforms the Way Properties Are Marketed
Key Highlights Drone photography provides stunning aerial perspectives, showcasing properties in a way that traditional photography cannot match. This innovative technology allows real estate agents to highlight property features, surrounding amenities, and…

Your Guide to the Path of Accounting Profession
History of Accounting Accounting is a system of recording and monitoring financial transactions, and has been in use for centuries. In fact, it is one of the oldest professions known to…
Suncorp Bank responds to RBA interest rise
Suncorp Bank today announced new interest rates for home loan customers, following the Reserve Bank of Australia’s cash rate decision on Tuesday, 4 October 2022. From 14 October, Suncorp Bank will…
B2B Competitive Intelligence and the Impact of Industry Disruption
Industries are constantly evolving, driven by technological advancements, market trends, and global shifts. As companies navigate this dynamic landscape, B2B competitive intelligence becomes a vital tool for not only survival…

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...