Reserve Bank Governor Philip Lowe has poured cold water on the prospect of a 0.75 per cent jump in interest rates next month – saying increases would be conducted in quarter or half-point increments.
Nationals Senator Bridget McKenzie has revealed a new reason behind inflating lettuce prices, suggesting the Labor government has the solution at its fingertips.
One of the big four banks has raised its expectations for Australia’s interest rate hike, meaning bad news for many mortgage holders.
Australians “need to be protected” from a wage price spiral as union bosses and the Reserve Bank argue over pay rises.
Labour and materials shortages are fuelling inflation and the Government needs immediate solutions to address these issues before the crisis worsens.
WA’s minimum wage – which applies to around 250,000 workers – will jump by $40.90 per week, the equivalent of a 5.25 per cent bump for some of the State’s lowest paid.
Australian shoppers will be waiting some time to see an improvement in the soaring cost of lettuce, with the vegetable to remain in short supply over the coming months.
Reserve Bank boss Philip Lowe has been sensationally slammed over a claim about whether wages should rise.
ACTU secretary Sally McManus says Reserve Bank governor Philip Lowe is living in a ‘fantasy land’ when it comes to his view on wage growth.
Australia's Council of Financial Regulators is keeping a close watch on developments in the housing market as interest rates increase.
Fast food giant Chicken Treat has offered up to $130,000 for a store manager in yet another sign of WA’s skills crisis.
The Australian Government has made a major announcement on cryptocurrencies after a big decision on the treatment of Bitcoin overseas.
News Corp Australia
There is no leeway left in the WA economy, economists believe, with fresh data showing the number of job advertisements in the State has hit an all-time high.
Adrian Lowe and Cheyanne Enciso
A key indicator of future economic activity showed a significant slowdown in May, adding to fears that rising interest rates will curtail Australia’s growth towards the end of the year.
Danielle Le Messurier
A young woman has explained how she turned a home office idea into a thriving $2.2m enterprise in less than four years.
Australia’s economy will expand at a slower pace than previously anticipated this year and next as rapid interest-rate increases to tackle inflation weigh on consumption, a Bloomberg survey showed.
Swati Pandey and Cynthia Li
The latest Westpac-Melbourne Institute leading index for May may give some clues to Australia's economic growth path over the rest of the year.
Elon Musk covered everything from the state of his deal to buy Twitter to the direction of the American economy and planned job cuts at Tesla in an appearance at the Qatar Economic Forum on Tuesday.
The NSW Treasurer spent a billion dollars a minute when he announced the state budget, according to the Opposition Leader.
The Queensland state budget has been handed down, with a focus on health. Here is everything you need to know.
A major Australian supermarket is changing how it deals with requests for price rises amid rising inflation.
Families across NSW will be handed $150 vouchers for every child enrolled in school next year. Here’s how it will work.
Grim new statistics reveal Australia’s rental crisis is set to worsen, with 20 areas across the country expected to be hardest hit.
More than half of mortgagees surveyed in a consumer confidence poll says they will cut back on essential items like groceries, health care and fuel if interest rates go where they’re expected to.
Rebecca Le May
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