The ASX is expected to rise and some residents of regional NSW will get $250 worth of free travel. (Source: Getty)
ASX: The local share market is expected to open higher this morning after over the weekend. US stocks rallied RBA hikes: The Reserve Bank is gearing up to hike interest rates yet again tomorrow.
This would be the
as the central bank struggles to get inflation - or the cost of living - back under control. seventh consecutive rate hike Bill shock: , with Federal Treasurer Jim Chalmers saying he is taking the matter seriously. Energy prices are expected to skyrocket
Electricity prices are tipped to rise 56 per cent, and gas prices are expected to rise as much as 40 per cent, over the next two years.
So, what can be done? Chalmers said implementing a
for retailers could be the answer. mandatory code of conduct Free travel: University students, apprentices and trainees from regional NSW will soon have access to , to help cut the cost of their commute. $250 worth of free travel
Eligible Aussies will get a card that could be used to pay for public transport to taxi fares and even petrol, as the Government works to ease cost-of-living pressures.
Work changes: could be coming in for employees in female-dominated industries such as child care and aged care. New workplace laws
So what’s going to change? Under the proposed changes, employers would be legally required to reach agreements with workers who requested flexible work hours.
Additionally, multi-employer bargaining would be introduced and the wages umpire would get new powers to resolve any ongoing disputes.
Going green: What do IKEA, Uber, finance firms and farmers have in common?
They all want
. changes to Australia’s electric vehicle policies
More than 100 organisations have joined the call, which is looking to put 1 million electric cars on Aussie roads within five years.
Reception black spot: Your local postie could be delivering more than your next parcel.
Postal vans could soon be used to help
. deliver better mobile phone reception
A $20 million independent audit will be rolled out to help identify black spots and where phone service could be improved.
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