200 new suburbs hit in house price chaos
Australia’s relentless house price growth has pushed a sweep of new suburbs into the million-dollar value club. Here are the new elite members.
Economy
Sign it’s ‘already too late’ to save China
China’s eerie “ghost cities” provide cold, hard proof that Xi Jinping has failed as an “economic tsunami” threatens to unleash chaos.
What Aussies are doing with tax cut cash
New data has revealed households struggling with a cost-of-living crisis are banking the extra income from Labor’s stage three tax cuts.
Aussie shares fall on mining, Wall St wobble
The Australian sharemarket fell on Friday as the big miners wobbled and uncertainty courses through Wall Street.
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Sign borrowers will be spared rate rise
In welcome news for borrowers, price pressures eased in October ahead of the Reserve Bank’s final rates call for 2023.
’Positive’ update in Qld’s road cuts fight
The Queensland deputy premier and a convoy of regional mayors say they can go home feeling better about recent infrastructure cuts.
RBA boss smashed over ‘tone deaf’ 2 words
The RBA governor has copped a lashing after insisting at an overseas jaunt that Aussies were “doing fine” despite 13 interest rate hikes.
‘Just die’: Big problem with Boomer blame
A comedian’s rant about Boomers is still resonating today as a generational war rages on – but experts say there’s a big problem with the argument.
Borrowers ‘very unhappy’ with us: RBA
New RBA governor Michele Bullock has made a frank admission, conceding borrowers are displeased with the central bank after its punishing rate hikes.
ASX rebounds ahead of October CPI
Ahead of the release of fresh inflation data, which is expected to show prices eased in October, the Aussie share market rallied on Tuesday.
Aussie retail spend sank before Black Friday
Shoppers held off on purchases in October ahead of the much anticipated Black Friday sales, fresh retail spending data has confirmed.
‘Rising tensions’ justify $368bn subs: Conroy
A senior defence minister has defended the ‘exorbitant’ cost of Australia’s $368bn AUKUS subs, suggesting rising tensions in our backyard make the project necessary.
Christmas casualty of cost-of-living crisis
Even Santa and his helpers can’t escape the country’s cost-of-living squeeze, with more Aussies set to turn out the lights on a beloved festive season tradition.
Aussie dollar hits three-month high
The Aussie dollar has spiked to a three-month high overnight, as Australia and the US eye off different paths for rate changes.
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