Finance News – Paktweet

Per capita recession Banks forecast longer downturn as more interest rate rises loom

Matthew El...June 20, 2023

Australians face a per capita recession for years, and even a brief contraction in early 2024, as RBA minutes reveal central bankers are still fearful inflation will remain stubbornly high.…

Down payment Medicare set for overhaul as budget looms but will it be enough

Matthew El...April 27, 2023

The Albanese government is expected to begin overhauling Medicare in the May budget, with a new funding model slated to be detailed under a $750 million election commitment. With Treasurer…

Cost stalling sales of electric vehicles as Aussies opt for petrol cars

Matthew El...April 24, 2023

Australians are divided about their role in the electric vehicle revolution. A majority are eager to electrify transport, according to a new Australia Institute survey published on Monday, which shows…