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Finance & Markets

Calls grow to let pensioners work without losing benefits

For months, I have been calling for the abolition of the pension income test so seniors can take on additional work without losing access to the Aged Pension. A broad coalition of groups recently backed the call, arguing that retaining more people in the workforce longer reduces the need to fill skill gaps with migrants. ABC The post Calls grow to let pensioners work without losing benefits…

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

Read the original at macrobusiness.com.au →

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Oil Prices No Longer Follow Headlines

A month ago, a series of news reports said oil flows out of Hormuz had recovered to pre-war levels, pushing oil prices lower. However, the rout did not last.

  • Oil prices remain above $116 per barrel despite fair value model suggesting $94
  • War premium on oil persists due to drone/missile attack risks and ship shortage
  • Analysts predict high prices will stay until clear sign of peace emerges

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