If you’re considering a career change in 2025, there’s good news on the horizon. A significant portion of Canadian companies are planning to hire for new positions in the first half of the new year. Strong Hiring Trends for 2025 According to new data from Robert Half’s State of Canadian Hiring Survey, 46% of companies Continue reading
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Global Economic Body Forecasts Major Drop in Interest Rates Over the Next Year
The Organisation for Economic Co-operation and Development (OECD) has made a bold prediction for Australia’s economic future, forecasting a significant drop in interest rates over the next year. According to their latest outlook, Australia could see the cash rate fall by as much as one percentage point by early 2026, potentially reaching 3.35%. Easing of Continue reading
Budget Blues: Labor’s MYEFO Update Reveals $25 Billion Blow from ‘Unavoidable’ Spending
The Australian government is bracing for a $25 billion hit to its budget bottom line, driven by rising pension payments, childcare subsidies, and critical investments in health and disaster relief. Ahead of the Mid-Year Economic and Fiscal Outlook (MYEFO) release on Wednesday, Labor has flagged this massive surge in spending as “unavoidable.” While Finance Minister Continue reading
More Than 184,000 Stanley Travel Mugs Recalled in Canada Due to Burn Hazard
If you use Stanley travel mugs, it’s time to check your collection. A recall has been issued in Canada and the U.S. for certain Stanley mugs due to burn hazards. Below, we break down the details to help you identify if your mug is affected. Why Were Stanley Mugs Recalled? On Thursday, Health Canada announced Continue reading
Mastercard Settlement Sparks Debate on the Future of UK Class Action Lawsuits
A landmark class action lawsuit against Mastercard, once touted as the UK’s largest, has concluded with a £200 million settlement—far short of the £14 billion initially sought on behalf of 46 million consumers. This outcome has stirred controversy, with critics questioning the effectiveness of the UK’s burgeoning class action regime while defenders argue it remains Continue reading
Carer’s Allowance Overpayment Debt Soars to £250m: What This Means for Unpaid Carers
Outstanding overpayment debt for Carer’s Allowance surged to £250 million last year, a rise of £100 million since 2018/19, according to the National Audit Office (NAO). This sharp increase has highlighted the challenges within the system, with many unpaid carers now facing financial hardship as they are forced to repay thousands of pounds in overpaid Continue reading
Demystifying Aged Care Costs: Plan Ahead for a Secure Future
The thought of aged care often brings a sense of unease, and understandably so. With its complexities and high costs, planning for aged care is a significant concern for many Australians. A recent study by Aware Super revealed that 94% of Australians aged 18 to 54 are worried about the expense of aged care, both Continue reading
RBA Navigates Uncertainty: Interest Rate Hike Still a Possibility Amid Mixed Signals
The Reserve Bank of Australia (RBA) has not ruled out the possibility of raising interest rates again, despite recent indications that cuts could be on the horizon in 2025. In a speech titled Shedding Light on Uncertainty: Using Scenarios in Forecasting and Policy, the RBA’s chief economist Sarah Hunter underscored the complexity of forecasting and Continue reading
A2 Milk Faces Major Class Action: Shareholders Seek Compensation for Alleged Misleading Conduct
In a significant legal battle, The a2 Milk Company Limited (a2) is facing a consolidated class action led by law firms Slater and Gordon and Shine Lawyers, representing thousands of shareholders seeking compensation for financial losses. The case, which has been ongoing since 2021, centers on allegations of misleading conduct and breaches of corporate disclosure Continue reading
Recall Alert: Popular Indomie Noodles Pulled from Shelves Over Allergen Concerns
Grand Eastern Trading has issued an urgent recall for two popular instant noodle varieties due to the presence of undeclared allergens, posing a potential health risk to consumers with specific food allergies. Products Affected The recall applies to the following Indomie products sold at Asian Grocers in Victoria (VIC): Reason for Recall The products were Continue reading