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Page 64 - ஆஸ்திரேலிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Coalition s pandemic: fantastic for profits, woeful for wages

(Image: Adobe) Over the 12 months to the end of March 2021, wages rose by a dismal 0.72%. That’s according to recent data from the Australian Bureau of Statistics (ABS). Well, naturally, it has been a disastrous year for everyone, we might say in response, and this is only to be expected. We would be wrong. The year to March was a superb year for Australia’s corporate profits, which the same source said soared 12.1%.  This bolsters claims by the Morrison government’s critics that its responses to the global pandemic have protected the big corporations more than the majority of Australians. The ABS has quantified the difference: 16 times more.

Big bank loyalty costs borrowers as online lender rates hit record lows

Big bank loyalty costs borrowers as online lender rates hit record lows Big bank loyalty costs borrowers as online lender rates hit record lows A number of recent cuts from online lenders has highlighted the rate premiums many Australian homeowners, including big bank customers, may be paying on their home loans. In the past week two online lenders, Tic:Toc and Well Home Loans, have both reduced their respective variable interest rates to new lows, placing them among the sharpest rates around. Yesterday Melbourne-based lender Well Home Loans announced that it would be reducing its Well Balanced variable rate by 18bp to a new low of 1.99% (2.02% comparison rate ) for owner occupiers. 

All Pfizer doses should go to Victoria and NSW

All Pfizer doses should go to Victoria and NSW
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