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
Bagels Recalled Across Ontario and Canada Due to Metal Contamination
Bagel Brands Recalled Across Canada The Canadian Food Inspection Agency (CFIA) has issued a recall notice for various bagel brands due to potential contamination with pieces of metal. The brands affected include Co-op, TGP, Super A, and Bigway. This recall, announced on December 4, 2024, impacts bagels distributed across multiple provinces and territories, including Ontario, Continue reading
New Mortgage Rules Take Effect; Additional Changes Expected Soon, Economist Predicts
On December 15, two major mortgage reforms came into effect in Canada, aiming to tackle housing affordability and ease financial pressures for homebuyers. These changes, which expand 30-year amortizations and raise the insured mortgage cap, mark a significant federal effort to support first-time buyers and address the housing crisis. More updates could follow soon, as Continue reading
Finance Minister Canada Chrystia Freeland Resigns from Trudeau’s Cabinet
In a dramatic turn of events, Deputy Prime Minister and Finance Minister Chrystia Freeland resigned from her cabinet positions on Monday, mere hours before the federal government was set to unveil its fall economic statement. This marks a seismic shift within Prime Minister Justin Trudeau’s Liberal government and comes at a critical moment for Canada’s Continue reading
Martin Lewis Reveals How You Could Claim £5,800 From DWP – Are You Missing Out?
Martin Lewis, founder of Money Saving Expert (MSE), has unveiled a crucial tip that could help thousands of people claim a substantial sum of money from the Department for Work and Pensions (DWP). For individuals earning up to £35,000, there’s a potential windfall of £5,800 a year through Universal Credit – a benefit that could Continue reading
DWP Winter Fuel Payment Deadline Approaching: Claim Your £300 Help Now!
As winter sets in and temperatures drop, many pensioners are eligible for a much-needed financial boost through the Winter Fuel Payment. If you haven’t yet claimed your £300 payment, time is running out – you have until December 21 to apply. Winter Fuel Payments are designed to help older people with their heating costs during Continue reading
DWP Delays PIP Online Applications: What It Means for Claimants and How to Apply
The Department for Work and Pensions (DWP) has announced a significant delay in the planned rollout of an online application system for Personal Independence Payments (PIP), a crucial benefit for people with disabilities, mental health conditions, or illnesses who need extra support with daily living activities. Initially slated for a 2024 launch across England, Wales, Continue reading
How to Get Up to £200 in Winter Aid from DWP’s Low Income Household: Your Guide to Applying
As winter sets in, many households face additional financial pressures, especially with rising energy bills and the increasing cost of living. However, the government has stepped in with the Household Support Fund (HSF), offering essential financial relief for those in need. This fund aims to support low-income families, vulnerable individuals, and those struggling to cover Continue reading