Business News

Our analysis of wealth trends suggests Australia’s middle class may be ‘shrinking’

Written by Melek Cigdem-Bayram, Ronald Henderson Senior Research Fellow, The University of Melbourne

There are growing concerns about wealth inequality in Australia and what it means for people’s ability to get ahead.

For many, home ownership has become a pipe dream. Huge numbers of Australians now feel the cards are increasingly stacked against them.

Our recent working paper examined changes in absolute and relative wealth...

AI can help the government spend billions better. But humans have to be in charge
Getty ImagesThe New Zealand government spends about NZ$51.5 billion each year – around 20% of GDP – on goods, ser…
‘America’s big case’: the US Supreme Court raises doubts about Trump’s tariff regime
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As retail workers brace for the silly season, this 20c solution could dial down customer verbal abuse
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James Lauritz/GettyThe term “black swan” refers to a shocking event on nobody’s radar until it actually hap…
How the plastics industry shifted responsibility for recycling onto you, the consumer
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Navigating the New Normal in Fleet Operations: A Raw Look at 2025’s Industry Shifts
The Year of Reckoning for Fleet Management 2025 isn’t just another year for fleet operators. It’s the year where everythi…

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…

Understanding the Importance of Property Valuation Services in Darwin
Introduction Darwin’s property market is known for its unique blend of residential, commercial, and rural investments. With constant changes in market demand, infrastructure development, and lifestyle shifts, understanding the real value…

SKYE Suites prepare for next phase of growth
Leading innovative hotel division of global real estate developer Crown Group, SKYE Suites, has taken the next step to cement their position within the luxury hotel market, announcing Mr Ari…
The budget couldn’t include every ‘good idea’ but not boosting JobSeeker and the Youth Allowance were obvious misses
Victoria Labadie/ShutterstockThe government says the budget will help people doing it tough. But it has also opted not to increase JobSeeker and Youth Allowance, despite expert advice these payments should…
Unwind and Relax: Mobile Massage Services on Sunshine Coast
Imagine a blissful massage experience without having to leave the comfort of your own home or hotel room. With Helan’s mobile massage (https://www.helanmobilemassage.com.au/) on the Sunshine Coast, you can now…

Lessons in AI: How LoanOptions.ai Shows What Smart Adoption Really Looks Like

In a world where many small businesses are still trying to work out how to actually use AI (not just talk about it), Australian fintech LoanOption...

Driving smarter: how car subscription models are redefining mobility and financial flexibility

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

The Future of Wealth Technology

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...

Thryv wins national accolade at 2025 Australian Service Excellence Awards

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au unveils first-of-its-kind FX rewards feature, becoming the most flexible rewards solution for Aussie businesses

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...

Yellow Canary partners with Celery to bring pre-payroll assurance technology to Australia

Wage underpayment headlines continue to put pressure on employers of all sizes, revealing how costly payroll mistakes can be for small and medium bu...