Why Aussies are feeling inflation shock
Australia’s central bank has pointed to a theory as to why our high inflation feels like it is dragging on, and on, and on and on.
Economy
Just 1 in 100 rentals affordable for workers
The housing market has produced a ‘national scandal’ where few rentals are affordable for the nurses, educators and construction workers Australia relies on.
ASX hitting record highs; RBA to cut in Feb: NAB
Sharemarket sets new highs after US gains. NAB revises rate cut prediction. Private equity circling wealth platform market. CBA says households cutting back spending. Tyro sinks on RBA review of card payments and surcharging.
Bank’s big backflip on rates
An Australian bank has backflipped, hiking rates less than two weeks after offering the lowest fixed mortgages in the country.
More Stories
ASX books strongest week since July
In a week dominated by expectations of rate cuts from the US Federal Reserve in 2024, a rally in mining and energy stocks pushed the benchmark to a 20-week high on Friday
ASX books strongest week since July
In a week dominated by expectations of rate cuts from the US Federal Reserve in 2024, a rally in mining and energy stocks pushed the benchmark to a 20-week high on Friday
Aussie savers dudded by banks: ACCC
The banks are ripping off savers, the competition watchdog has found, with customers struggling to get the best possible returns.
Bank’s surprise gift to homeowners
An Australian bank has delivered a surprising gift to new home hunters just before Christmas.
Inside the mass exodus of popular Aussie city
Despite its famous beaches, great climate and world-class restaurants, huge numbers of people are quitting Sydney for one big reason.
Huge change to state’s pokies trial
One state’s trial of cashless pokies is getting a major overhaul as thousands of machines are added to the landmark reform, with some of the top earners revealed.
ASX hits 18-week high on US rate cut bets
The Aussie share market finished sharply higher on Thursday after the US Federal Reserve kept rates on hold and signalled cuts in the months ahead.
State’s threat to Albo after funding cut
The NSW Treasurer has threatened a new precinct surrounding Sydney’s incoming second airport, imploring the Commonwealth to “return that money”.
Jobless rate jumps despite 62k new jobs
Despite the labour market showing some signs of cooling, a bumper 61,500 new jobs were added in October.
‘Serious risk’: Warning on dodgy China pills
The TGA has issued warnings about dodgy pills being shipped to Australia from China, with one product including ingredients that have been banned since 2010.
Original URL: https://www.couriermail.com.au/business/economy/page/194