Staggering figure many parents will give their kids to buy first home
New research suggests young Australians are set to remain reliant on the bank of mum and dad to get their foot on the property ladder.
Richard is an award-winning journalist who has worked for websites, newspapers and magazines in Australia and Britain, covering news and sport.
In 2000, he was part of the Sydney Morning Herald online team that earned a Walkley Award for coverage of the Sydney Olympic Games.
He was also part of the Manly Daily team in 2008 that was highly commended in the PANPA daily newspaper of the year category.
From 2006 to 2007, Richard was a journalist with the Hull Daily Mail in northern England that was named Yorkshire Daily Newspaper of the Year.
For Nine.com.au, he has written on defence, aviation, technology and the environment.
Contact Richard at riwood@nine.com.au.
New research suggests young Australians are set to remain reliant on the bank of mum and dad to get their foot on the property ladder.
British shoppers would pay less for items such as bread and milk under a voluntary deal with retailers.
Authorities are rolling out new vaccinations to meet a new wave of COVID-19 infections.
A major bank warned today more people using websites such as Facebook Marketplace are at risk.
The supermarket giant has acquired the brand of the failed super fast online business.
The Australian carrier said air travel was rising steadily and Qantas was on track to complete its three-year recovery plan.
Workplaces, schools and homes are set to be impacted by a spike in coronavirus cases as well as influenza and other illnesses.
Wave heights will build to five metres as a strong cold front crosses the Tasman Sea today.
The industry will face tougher checks and balances to improve protections for the millions of Aussies who use the products.
The business mogul said the popular practice is morally dubious and unfair to people who don't have the remote workplace option.
He was seized in West Africa by al-Qaeda-affiliated militants in 2016.
Realising the full potential of the landmark defence deal depends on a 'seamless' exchange of technology, Richard Marles said today.
From next week, check-in, bag drop and boarding gate closure times will change, the budget airline said.
Commercial suborbital flights slashing international journey times will be available over the coming decade, a new study said.
Researchers came across the wreck of the ship that capsized off Tasmania in 1973.
Despite sanctions on Aussie good remaining, the discussions were a positive step, Anthony Albanese said today.
Some home buyers could have another choice to being slugged with the big upfront impost.
There was a 'close proximity event' between two of the airline's jets at Sydney airport earlier this year.
The synth-metal band were loudly cheered after stunning fans in the annual music contest.
Two Liberal MPs plan to leave the party after raising concerns over the project's costs.
Police accuse him of being the driver of the black BMW used in the fatal attack.
Three trucks collided on the major motorway north of Sydney early today.
Up to 200,000 jobs would be at risk if the RBA goes too hard in pursuing its goal of bringing down inflation, modelling shows.
Trade Minister Don Farrell is lobbying for a 'full resumption' of unrestricted exports as he flies into China today, ending a four-year rift.
Specialist police units are returning to the North Esk River today in search of 14-year-old Shyanne-Lee Tatnell, 10 days since she disappeared.
You can save $100 a year on charges and interest fees by doing some research and shopping around.
After three decades, the popular company has faced growing competition.
Chilly mornings are forecast to continue for large parts of the state this week.
The federal government announced last night the surprise surplus budget will contain a $14.6 billion spend on a cost-of-living package.
Ukrainian air defences shot down 35 Iranian-made drones over Kyiv in Russia's latest nighttime assault.
Jim Chalmers will be wary about crowing over returning the books to black with so many Aussies impacted by the cost-of-living relief.
The Vietnamese government has demanded the withdrawl of the limited-edition $2 coin.
The prime minister announced the move ahead of tomorrow's federal budget which the government says will contain a raft of measures to ease the cost-of-living crisis.
Politicians, church leaders and representatives of the charity sector farewelled the popular clergyman in Melbourne.
One of the most important and complex security operations in UK history is underway for King Charles III's coronation, but it also brings with it immense pressures on police and the public.
Calls for a regulation change are growing, as 11 interest rate hikes see more and more Aussies trapped out of negotiating for a better rate.
Authorities are investigating the breach at the Crown Princess Mary Cancer Centre in western Sydney.
Some of Australia's major ski resorts have received early snow falls just weeks out from the start of the season.
Here are the handful of British monarchs who have been captured on camera during their crowning.
The Stone of Destiny, an ancient symbol of the Scottish monarch, will play a key part in the crowning of King Charles III.
After being the longest monarch in waiting, he will have the chance to put his stamp on the centuries-old institution.
A leaked email has revealed mass layoffs are planned within days due to the company's "inability to secure additional financing".
Police accuse him of deliberately lighting a grass fire in the north-western New South Wales.
Anthony Albanese invited the monarch to visit Australia with Queen Camilla and other royal family members.
Vanessa Hudson's biggest challenge will be finding an estimated $12.3 billion to pay for new Qantas aircraft.
Thirty-six Australians and their families were on the RAAF flight as they fled the war-torn nation three weeks into a bloody campaign.
A $10,000 donation in the monarch's name will support efforts to protect the endangered bird.
The Albanese government is preparing for a small rise in the $50 daily payment in a bid to provide cost-of-living relief for women and long-term jobless
Australia's loss of its 10-year warning time for a major conflict has made gaining defence technology research a priority, the government said.
Critical air, land and naval installations will be boosted, the federal government said today.