Aussie economy’s major breakthrough
Australia’s economy might be hitting a turning point on the back of better household spending – but economists are warning more work needs to be done.
Economy
Rate cut in February hangs on this figure
Struggling borrowers could finally get a rate cut in February, with inflation tipped to fall faster than the Reserve Bank has been expecting.
Hopeful sign for struggling businesses
Businesses are reporting overall better conditions at the end of 2024, with retailers benefiting from a big holiday spending boost.
Chalmers urges ‘confidence’ ahead of CPI drop
The Treasurer has urged “confidence, not complacency” ahead of Wednesday’s new inflation data, which could lead the RBA into its first rate cut since 2020.
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Fresh blow to Albo’s ambitious scheme
A dramatic fall in new building approvals just as the market looked to turn a corner has cast more doubt on Anthony Albanese’s housing target.
Eye-watering cost of Christmas revealed
A staggering number of Aussies will be paying off their credit card debts for at least six months after relying on their credit cards to get through the holiday season.
‘Collapsed’: Proof Aussies are screwed
New data released by an Aussie banking giant has revealed exactly how much you need to earn to get a mortgage – and it’s not pretty.
Boomer complains about having too much
A young Aussie has taken aim at a clueless boomer’s tone deaf complaint about home ownership.
‘Open borders with India’: Migration surges
A massive surge in migrants from India is hampering efforts to rein in overall numbers, fuelled by a controversial pact signed by Anthony Albanese after Covid.
‘Like you care!’: Star’s grocery bill divides
A popular Aussie television personality has shared her grocery bill and it has caused divide online.
Panic as Aussie dollar crashes to 5-year low
Experts have warned that the Australian dollar could continue to plummet even further after falling sharply to a near-five-year low.
Wild Greenland act as Trump eyes takeover
Greenland’s PM has raised eyebrows with a new push for the island’s future, as President-elect Donald Trump seeks a US takeover.
‘Dangerous’: Warning on Aussie house prices
A property expert has warned Australia’s property market could be a ‘dangerous’ purchase in 2025, with investors risking hundreds of thousands of dollars.
Why Australia invests in ramen, comic books
From ramen noodles to online gambling, Australia’s $225bn Future Fund has some pretty wild investments on its books. Here are our top 10 wildest bets.
Original URL: https://www.adelaidenow.com.au/business/economy/page/10