Preliminary findings suggest it’s having extreme impacts on the mental health of some of the workforces that remain, especially early career academics.
A Labor campaign spokesperson called the decision “unforgivable” and accused Greens leader Ellen Sandell’s party of increasing the chances of the Liberals forming government
The rate changes took effect on Friday, with Westpac increasing its variable rate to 6.49 per cent, Commonwealth Bank to 6.59 per cent and NAB to 6.54 per cent. ANZ now has the highest variable rate among the Big Four at 6.75 per cent.
The facility has attracted contributions from 23 investors, according to Albanese, with support coming from the Pacific and other parts of the world. Australia is a founding contributor.
