Savvy modelling shows that the Australian Government is missing out on close to $360 million every year in fuel excise revenue due to the uptake of electric vehicles, and the figure is only rising. With the country’s EV fleet reaching 500,000 and counting, the decreasing market share of internal combustion engine (ICE) vehicles is causing…
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Average building costs have increased by over 51% since 2019
by themovieboards - Editor •
The perfect storm for soon-to-be homeowners and those in the market for a new build has well and truly hit, with an increasing number of people experiencing significant delays or budget blowouts. Even with a fixed-price build contract in place, Australians are fighting an uphill battle to keep everything under budget and delivered as promised.…
Australians’ food security biggest cost of living concern: survey
by themovieboards - Editor •
As part of Savvy’s ongoing research into consumer sentiment and the impact of economic trends on everyday Australian life, Savy surveys Australian adults on how they are navigating the continuing cost of living crisis. 62% of Australians cite grocery prices as the greatest ongoing concern Almost all demographics and states/territories highlight grocery prices as the…
Are International Students coming back to Australia?
by themovieboards - Editor •
As borders closed in Australia due to the COVID-19 pandemic, so did the usual flow of international students. International education contributes $40 billion to the wider economy – which was twice as much as in 2015. It also affected jobs in the sector with a loss of over 35,000 academic and professional staff. So, what…