Sorry sign Australia is in trouble
Australia’s affordability crisis has eroded access to a basic need and a common demographic is becoming more vulnerable.
Economy
Fresh blow for would-be homeowners
The International Monetary Fund has poured cold water on a key housing policy which would make it easier for first-home buyers to get a loan.
RBA’s major clue on next rates decision
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
Ray of hope emerges for Aussie economy
A new outlook has forecast the Australian economy is on a “narrow path to a soft landing” and is tipped to improve next year – but there’s a major catch.
More Stories
Major bank’s cost-of-living warning
A leading bank is expecting a spike in electricity prices until July 2025 putting further pressures on Australians.
Major change to Aussie cash revealed
A major change to Aussie cash could be on the cards – which would essentially keep cash in the Australian system despite the dominance of card payments.
Grim sign Australia falling ‘far behind’
Australia is the envy of the world when it comes to one major factor – but this graph shows there’s more to it than first meets the eye.
Grim update as ASX sell-off continues
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
Bills could skyrocket, regulator warns
The Australian Energy Regulator has warned households to brace for a potential spike in their electricity bills. But why?
Outrage over Plibersek’s coal mine move
Outrage is building after Environment Minister Tanya Plibersek approved three new coal mine extensions – one fellow MP calling the decision “despicable”.
ASX plummets after US reserve’s pivot
The ASX cratered after a major decision on a US rate cut, with all 11 sectors trading in the red.
Budget blowout funded by bracket creep
The budget’s bottom line is forecast to blow out by more than $20bn, funded largely by bracket creep in the coming years, economist warn.
One thing making Aussies $1.5 trillion richer
Australia’s collective household wealth has soared over the last 12 months driven by one key thing.
Coke supply threatened for Christmas
Christmas could be a little flat as Coca-Cola factory workers go on strike on Thursday for a second time this month.
Original URL: https://www.dailytelegraph.com.au/business/economy