Money

Renters in every Australian capital city are feeling the pain

Published

6 months ago

November 14, 2023

ticker NEWS

Renters across capital cities are feeling the pinch as housing affordability in regional areas continues to deteriorate, according to the latest Rental Affordability Index.

The study reveals a concerning trend, with regional rents steadily rising and surpassing income growth, making it harder for both urban and rural Australians to secure affordable housing.

The Rental Affordability Index, a widely respected tool for assessing housing affordability, paints a bleak picture for renters.

The index indicates that regional rental prices have outpaced income growth, causing strain on households and forcing many to allocate an increasingly significant portion of their income to rent.

This alarming trend is not limited to regional areas alone; it has ripple effects on capital cities, where renters are also feeling the financial pressure.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

2 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

2 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

3 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending