Victorian Premier Daniel Andrews will retain his position as Australia’s highest-paid state leader after an independent tribunal granted all members of Parliament a 2.75 percent pay boost. Andrews will pocket A$465,000 (US$322,589) a year, including up to $58,435 in expenses and allowances. Victoria’s incoming deputy Jacinta Allan will take home almost $400,000. Meanwhile, all Victorian…
Inflation Has 72% of Canadian Parents Worried About Feeding Their Families: Poll
A survey on how Canadians are coping with rising inflation found that a vast majority of them, especially those with kids, are worried about putting food on the table. Conducted by Ipsos on behalf of Global News, the survey finds that 72 percent of Canadian parents are worried about their ability to feed their families,…
Hong Kong Ranked the Most Expensive City to Live In, Seeing a Talent Drain
Recent research shows that Hong Kong remains the most expensive city in the world to live in. The soaring cost of living coupled with strict social distancing restrictions and travel restrictions, has led to a significant loss of talent as people move to other countries. ECA International, a human resources consultancy firm, recently published a…
New South Wales Families to Save Thousands in Preschool Fees
Families in the Australian state of New South Wales (NSW) will potentially save thousands of dollars in preschool fees due to a $1.4 billion (US$983.7 million) plus commitment by the NSW government over four years as part of the 2022-23 state budget. From Jan. 1, 2023, families across the state will be eligible for up…
Youths Are Losing $750 A Month on Average Living in Canadian Cities
Young Canadians are losing $750 a month on average living in cities across the country, and to break even, they will have to give up on entertainment, transportation, and dining out, a public policy think tank says. Youthful Cities looked at the affordability of 27 cities across Canada for youths aged 15 to 29. With…
South Australian Budget to Deliver Cost of Living Relief
June 2, 2022
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AustraliaBusiness & Economycost of livingDavid SpeirseconomySouth Australiastate budgetStephen MullighanWorld
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The South Australian (SA) Labor government’s first State Budget will deliver cost of living relief to residents most in need as rising day-to-day expenses and high inflation continue to exert pressure. However, the Opposition argues that the Budget doesn’t include enough relief for households. Delivered on Thursday, the 2022-23 Budget will benefit pensioners and other…
Australia Told Power Bills Will Be a Challenge: Deputy PM
There’s no short-term solution to the pain of rising power bills for households already dealing with broader cost-of-living spikes, the federal government says. Power retailers have been warning bills will rise from July in line with higher prices in wholesale energy markets. Deputy Prime Minister Richard Marles has acknowledged energy costs were going to be…
South Australia to Double Cost of Living Concession
May 30, 2022
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AustraliaBusiness & Economycost of livingCost of Living ConcessionPeter MalinauskasSouth AustraliaWorld
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The South Australian (SA) government is more than doubling the cost of living concession for 185,000 residents to relieve the cost of living pressures in the state. This means that home owner-occupiers eligible for the concession will receive a one-off payment of $449 (US$322) in the next financial year compared to the previous $217, while…
UK Minister Rejects Call for Police to Treat Shoplifters With ‘Discretion’
Britain’s policing minister has rejected a watchdog’s suggestion that police officers should use “discretion” when handling shoplifters stealing food out of desperation amid soaring cost of living. In an interview with The Guardian, Andy Cooke, the new chief inspector of constabulary, said that there will “invariably” be a rise in crime “whenever you see an…
Johnson Not Ruling out Windfall Tax on Energy Giants
British Prime Minister Boris Johnson said on Wednesday he doesn’t like the idea of imposing a windfall tax on the profits of energy firms but stopped short of ruling one out. The Conservative government has so far resisted Labour’s call to impose a one-off windfall tax on North Sea oil and gas producers, which would add…
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