Australia presents a mixed picture of national well-being, according to the government’s Measuring What Matters report released by Treasurer Jim Chalmers. On the positive side, over the past two decades, life expectancy has increased, income and job opportunities have improved, and we are better at accepting diversity. But Australians now have more chronic health conditions,…
The Australia of the 2060s will be very different from the one we know today. It will be older, with slower economic growth, a big “care” economy, and an export sector that is radically transformed due to the imperatives of climate change. The Intergenerational Report, released by Treasurer Jim Chalmers, says five main forces will…
The Australian government has just released the latest iteration of its Intergenerational Report, the sixth since the first was published in 2002. Each provides a snapshot of the sort of Australia in which future generations will find themselves in 40 years’ time, should current government policies continue. Previous reports have dealt mainly with the impact…
People seem to think there is a high risk of animals causing damage in rentals – a key reason landlords say ‘no’ to pets. However, the truth is, more damage is caused by a human than a pet. And, with laws changing across Australia to allow for more open and honest communication about renting with…
Australia’s care economy could increase from its present about 8% of GDP to about 15% in 40 years, according to the government’s Intergenerational Report. The projections say in four decades’ time Australians will be living longer, with more years in good health – but the larger cohort of aged people will increase the need for…
The tenancy regulatory landscape is constantly evolving – and it’s important that landlords and agents keep on top of changes to ensure that they meet their obligations. Of course, meeting legal obligations is a condition of landlord insurance coverage. Changes to legislation can also have a flow-on effect on landlord insurance, so that’s why we’re…
Australia’s leading economists believe Australia can sustain an unemployment rate as low as 3.75% – much lower than the latest Reserve Bank estimate of 4.25% and the Treasury’s latest estimate of 4.5%. This finding, in an Economic Society of Australia poll of 51 leading economists selected by their peers, comes ahead of next month’s release…
Ella never knew when her credit card was going to be declined. It happened when she was shopping for groceries with her kids, or refuelling the car. That’s when she would discover her partner had cancelled the card or lowered the limit so she couldn’t buy essentials. Again. Ella* (not her real name) is one…
Stand by for one of the most important decisions Treasurer Jim Chalmers and the Albanese government will make. That decision is to commit future governments and the Reserve Bank to full employment, and, more importantly, spell out what that means. The Australian government hasn’t wholeheartedly and publicly committed itself to full employment since the 1945…
By most estimations, data has surpassed oil as the world’s most valuable resource. That’s because, when ethically and consensually sourced, purposefully used and carefully protected, data helps companies better understand their customers. Those insights serve as the basis for increased transparency, greater confidence in decision making and enhanced customer experiences. Domain’s Purpose is to inspire…
