Figures hide Aussie families’ pain
Australians are still feeling the pinch of cost-of-living rises even though the rate of inflation is slowing.
Breaking News
3000 lose jobs as fashion giant collapses
The final two brands in the Mosaic Brands fold will be shut down after its receivers were unable to find a new buyer, leaving thousands without a job.
ASX soars on fresh rate cut hopes
The Aussie sharemarket soared on Wednesday as markets factor in the likelihood of a rate cut in February.
‘It’s on’: Major bank expects Feb rate cut
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
More Stories
Major Aussie airline drops $49 flights
One major Aussie airline has dropped $49 flights in an insane Boxing Day sale – but travellers will need to be quick to snap up the latest deals.
Aussie miner’s $440m claim against Ghana
An Australian gold mining company has taken an African government to court over a dispute worth nearly half a billion dollars.
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.
Aussies set to rack up insane credit card debt
Cost of living pressures are causing Aussies to turn to credit this festive season, which experts predict could take years to pay back.
Sports streamer DAZN buys Foxtel in blockbuster $3.4bn deal
New ownership for subscription giant Foxtel and its hit brands Kayo and BINGE is set to shake up Australia’s media and sport landscape.
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.
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
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.
Major bank’s huge $6.35m error
A major bank has apologised to thousands of its customers who were impacted by an error that led to them being massively overcharged.
Original URL: https://www.heraldsun.com.au/business/breaking-news/page/16