Young People in Austria Face Growing Financial Insecurity
The survey by the Arbeiterkammer showed that inflation was the main worry, but it also found that trust in democracy was decreasing.
Austria’s Millionaires Rise as Wealth Divide Widens
Around 400 super-rich individuals collectively possess €323 billion, accounting for over a third of Austria’s total financial wealth.
Parliament Raises Student Income Limit
Austria announces a higher income limit for students to help them better balance education and work.
Austria Updates Tax Categories to Benefit Taxpayers
Austria’s tax brackets will rise by four percent in 2025, as the government aims to abolish the so-called ‘cold progression’ and prevent taxpayers from being pushed into higher brackets.
Austrian Inflation Hits Three-Year Low
Austria’s inflation rate dropped to 3 percent in June, marking its lowest level since July 2021, according to new data released by Statistics Austria. “Currently, particularly food and fuel prices are contributing less to inflation than before,” Tobias Thomas, Director General of Statistics Austria, said in a statement on Tuesday. Consumer prices had risen […]
In Vienna, You Can Get a Bonus to Repair Your Appliances
This initiative aims to reduce waste and promote the repair of household items instead of discarding them.
Austria’s Unemployment Rises to 338,896
Among them, 264,232 actively seek employment opportunities, while 74,664 are engaged in the AMS training programs.
Viennese Housing Bonus ’23
The city of Vienna sends an informational letter to every address in Vienna where one or more individuals have registered their primary residence from June 28, 2023 containing the password required for the online application. A subsidy of 200 euros can be paid per Viennese address. You will receive the subsidy in the bank account you provided in the application.
Wien Energie Reduces Prices by 340 Million Euros
The city-owned energy provider based in Vienna, has announced plans to implement more substantial price reductions in July.