Australian households are bracing for higher electricity bills, with prices set to rise by up to $200 annually from July 1, 2025. The Australian Energy Regulator (AER) has confirmed that the Default Market Offer (DMO) for electricity will increase across various states, affecting millions of consumers. The price hikes come amid growing concerns over inflation, … Read more
Millions of Australian workers could receive up to $6,000 more in their superannuation savings under a new law introduced by the federal government. The proposed “payday super” legislation aims to mandate that employers pay superannuation contributions at the same time as wages, addressing billions of dollars in unpaid superannuation and boosting retirement savings. This major … Read more
The Western Australian (WA) government has unveiled a new Residential Battery Scheme, offering rebates of up to $7,500 for eligible households to install home battery storage systems. The initiative aims to reduce electricity costs, support renewable energy adoption, and increase grid resilience. Here’s how WA residents can benefit from the scheme, eligibility requirements, and how … Read more
A new law eliminating certain reductions in Social Security benefits has triggered a wave of new claims and payments, benefiting millions of retired public workers across the United States. Signed into law by President Joe Biden on January 5, 2025, the Social Security Fairness Act removes two provisions that previously reduced payments for many government … Read more
A new financial study has revealed that millions of Australians could be losing up to $13,722 per year by overpaying on everyday services and failing to take advantage of cost-saving opportunities. The report highlights areas where Australians are missing out on substantial financial benefits, including home loans, electricity bills, health insurance, and superannuation. Where Are … Read more
Australian households struggling with rising energy costs can now breathe a little easier. The federal government has introduced a $2,400 energy rebate aimed at easing financial pressure and supporting vulnerable residents. This initiative is part of the government’s broader cost-of-living relief efforts and seeks to ensure that Australians can afford essential utilities without added financial … Read more