Business

Solar power can cut costs, but it's not an option for many

As the cost of living soars, many Australian households are turning to rooftop solar to cut their energy costs. A Pulse of the Nation survey last month showed about 29% of Australians have installed or are considering installing ...

Machine learning & AI

From marketing to design, brands adopt AI tools despite risk

Even if you haven't tried artificial intelligence tools that can write essays and poems or conjure new images on command, chances are the companies that make your household products are already starting to do so.

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Household

The household is "the basic residential unit in which economic production, consumption, inheritance, child rearing, and shelter are organized and carried out"; [the household] "may or may not be synonymous with family".

The household is the basic unit of analysis in many social, microeconomic and government models. The term refers to all individuals who live in the same dwelling.

In economics, a household is a person or a group of people living in the same residence.

Most economic models do not address whether the members of a household are a family in the traditional sense. Government and policy discussions often treat the terms household and family as synonymous, especially in western societies where the nuclear family has become the most common family structure.[dubious – discuss] In reality, there is not always a one-to-one relationship between households and families.

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