HILDA study: Half of Australians aged 18 to 29 still live at home

Half of all young Australian adults aged 18 to 29 still live at home, according to the annual Household, Income and Labour Dynamics in Australia (HILDA) study. This 188-page report highlights that roughly 2.2 million people are experiencing a state of prolonged arrested development driven by housing affordability challenges rather than personal choice. The HILDA … Read more

Mastercard Outage: Global Payment Failures Linked to System Update

Card payments failed for shoppers across multiple Australian states due to a scheduled system update by Mastercard, according to the multinational card provider. The outage impacted various digital and physical transactions, including Apple Pay, cash withdrawals, and Mastercard travel cards, before normal operations were restored. How the Mastercard Outage Unfolded Across Australia Shoppers encountered widespread … Read more