Aussie shares flat with all eyes on Israel
The sharemarket inched higher on Thursday as investors braced for Israel’s response to Iranian missile and terror attacks and the release of crucial US jobs data.
Economy
Big call on rate hikes amid inflation fight
A leading financial authority has backed the RBA’s approach to interest rates, but warned further increases would be warranted in the fight against inflation.
Rate hike ‘warranted’ in inflation fight
A leading financial authority has backed the RBA’s approach to interest rates, but warned further increases would be warranted in the fight against inflation.
‘Kick in the guts’: Major uni to slash jobs
An elite Australian university has been forced to slash jobs because of a huge deficit, which not even enrolling more students could fix.
Aussie beef caught up in US strike
Aussie beef destined for US hamburgers has been left stranded in US waters as tens of thousands of American port workers strike.
Massive job cuts hit Aussie insurance giant
A job cull is sweeping through one of Australia’s biggest insurance companies, even as the company rakes in big profits.
Aussie finance sector’s big AI move
An industry-first agreement will look to protect one Australian fund’s workers in the age of ChatGPT with a new “gold standard”.
Surprising retirement reality for Gen Z Aussies
Millennials and Gen Z Aussies might be locked out of housing, but in one area of economic life they are in prime position.
Aussie shares slip as Middle East mushrooms
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
Shocking reason Aussies go into debt
Despite cost-of-living pressures, the average Aussie spends $1309 more than they can afford and the reason is tragic.
Aussie shares retreat on mining pullback
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
Bank of mum and dad busier than ever
Australian parents are increasingly dipping into their own pockets to help adult children find a place to live.
Surprise reason for Aussies’ spending
August’s retail trade figures have revealed higher-than-expected growth, with experts putting it down to one surprising factor.
Surprise reason for Aussies’ spending
August’s retail trade figures have revealed higher-than-expected growth, with experts putting it down to one surprising factor.
Twist in supermarket crackdown
A major crackdown on supermarket practices is underway, but a key element could be easier said than done.
‘Imploding’: China crisis we can’t ignore
China is in financial turmoil as its lucrative property market implodes – and the consequences for Australia will be inescapable.
Aussie shares hit new high on iron ore boom
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
Chalmers’ relief after China’s big move
Treasurer Jim Chalmers says a major move by China could be a game changer for a key sector of Australia’s economy.
No new help for households after big surplus
The Albanese government is celebrating its budget surplus, but it’s still unclear when household budgets will get some reprieve.
No new help for households after big surplus
The Albanese government is celebrating its budget surplus, but it’s still unclear when household budgets will get some reprieve.
Major breakthrough in the pill for men
Researchers in an Australian lab have taken a major step forward in the development of hormone-free male contraceptive pills.
‘Back-to-back’: Jim’s big budget brag
Labor is set to reveal a budget first since the 2007-08, confirming a back-to-back budget surplus that exceeded May forecasts by $6.5bn.
‘Back-to-back’: Jim’s big budget brag
Labor is set to reveal a budget first since the 2007-08, confirming a back-to-back budget surplus that exceeded May forecasts by $6.5bn.
Next indignity for Coles, Woolies
Woolies and Coles have copped heat on various fronts, including being sued by the ACCC, and now a class action lawyer says this should happen.
‘Not normal’: Truth about PM’s boast
The PM recently boasted about a record breaking achievement – however, there was one crucial detail missing that changes everything.
Big new change in Aussie housing market
Looking to buy your first home? The latest auction results could signal an important change in Australia’s ‘unstoppable’ housing market.
$290m shake-up to ease cost of power bills
One state has committed another $290m to get more solar panels onto homes and businesses, with the ultimate aim of bringing energy bills down.
Why Gen Z can’t be their own boss
The cost-of-living has spooked eager Gen Zers from starting businesses in Australia, new research finds.
China launches flight to major Aussie city
A Chinese airline company has just announced new direct flights connecting mainland China with a major Aussie city.
‘Ignored’: Grim warning on rate hike crisis
Aussie homeowners have been smashed with interest rate pain for years now and a leading economist warns the stress isn’t going to end anytime soon.
‘Ignored’: Grim warning on rate hike crisis
Aussie homeowners have been smashed with interest rate pain for years now and a leading economist warns the stress isn’t going to end anytime soon.
‘Pathetic’: Albo lashed as housing fight looms
The Prime Minister has been accused of “pathetic and childish” behaviour when it comes to the nation’s housing crisis.
‘Dividend deluge’ amid cost-of-living crisis
As Australia’s biggest companies do all they can to cut costs, the corporate juggernauts are pulling back profits to pay shareholders.
Mega $3bn change at major airport
One of Australia’s global cities has been cleared for takeoff with a mega $3bn project that will be a big win for passengers.
Plan to fix Australia’s housing crisis ‘doomed to fail’
The housing market in Australia shows no signs of slowing down, with real estate and rent prices continuing to soar. What is the solution to…
‘Deserved’: PM’s $5.6bn reform for key group
The Albanese government will introduce a $5.6bn package to help elderly Australians in the aged care sector after finally reaching a deal with the Coalition.
Surprising reason behind spending splurge
Economic activity jumped last month, but Australia’s biggest bank warns the frothy spending could be temporary.
RBA’s shock call on unemployment rate
While unemployment has risen and is forecast to continue to increase, it’s still no match for persistent inflation levels, the RBA’s chief economist says.
‘Won’t be pretty’: Fresh blow to Aus looms
The federal government has been accused of “wilfully weakening” Australia’s economy through a key policy decision.
‘Won’t be pretty’: Fresh blow to Aus looms
The federal government has been accused of “wilfully weakening” Australia’s economy through a key policy decision.
Tech giant’s bombshell admission
US tech giant Meta has admitted to systematically scraping the public data of millions of Australians to train its AI products.
Fresh blow to Albo’s plan for major change
The Albanese government’s push to pay super on paid parental leave is facing a roadblock, the latest in a series of knockbacks from the opposition.
Aussie shares lift on energy, Wall St bump
The Australian sharemarket lifted on Tuesday on the back of a rally in energy stocks and some relief from a rattled Wall St.
Aussie crisis drives job loss fears
Aussies and business are growing increasingly fearful of a stagnating economy, with new concerns about potential job losses.
Chalmers’ surprise next move to reform RBA
Attempts to overhaul the RBA through bipartisan support have been quashed, but the Treasurer has suggested he’ll seek the backing of a surprise group.
State’s bold plan for housing crisis
One state government is eyeing a bold new idea as it desperately tries to get more houses built.
Old receipt shows why Aussies are struggling
A docket dug up from 2021 has laid bare how much more Aussies are paying for everyday items at our major supermarkets.
‘Punching itself in the face’: RBA cops heat
A former federal treasurer and current Labor Party national president has come out swinging against the Reserve Bank, saying the RBA is ‘punching itself in the face’.
‘Punching itself in the face’: RBA cops heat
A former federal treasurer and current Labor Party national president has come out swinging against the Reserve Bank, saying the RBA is ‘punching itself in the face’.
Why this household staple is skyrocketing in price
With inflation and interest rates pushing up the cost of living, everyday grocery items like butter are hitting new highs in 2024. But why is…
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