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Finance & Markets

How well-off households pocketed $3.6 billion in cost-of-living relief

A huge amount of money for cost-of-living relief is going to the wealthy. A new report calls for change.

How well-off households pocketed $3.6 billion in cost-of-living relief

We haven't written up this one. The Age has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at theage.com.au →

More in Finance & Markets

The AI bubble is leaking air, some economists say. Should investors worry?

AI has fueled a stock boom in recent years. Now, some Wall Street analysts think that epic run is coming to an end.

  • AI stock market rally may be unwinding by 2027, predicts Capital Economics' John Higgins
  • AI firms' earnings growth projections outpace economic growth, suggests James Reilly
  • Goldman Sachs forecasts $1 trillion in global AI-related capital expenditures by 2026

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