Facts

Infrastructure

Jun 02

The Housing Australia Future Fund targets CPI +2-3% with investment returns spent on social housing initiatives. The cost of the debt to endow the fund was 4.5% on the 1 Nov 2023 start date.

Finance

May 22

On 12.1m credit cards issued, over $20bn in balances accrues high interest as people don’t pay in full (March 2025).

Energy

May 16

As at 2016, burning wood was the source of 45% of renewable energy production across the EU.

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