$80 billion win for Aussies
Ahead of the final budget outcome later this month, the Treasurer confirmed Australia has improved its debt position, saving taxpayers on interest fees.
Ahead of the final budget outcome later this month, the Treasurer confirmed Australia has improved its debt position, saving taxpayers on interest fees.
More and more Australians are taking on multiple jobs to keep their heads above the water, but the issue runs deeper than just cost of living.
The Treasurer has made a huge call on Australia’s inflation rate, ahead of a new report coming out on Wednesday, one day after the next RBA board meeting.
An economist has issued a dire prediction about the “really dangerous” interest rates in Australia on the eve of the Reserve Bank’s rates decision.
If the recommendations of a groundbreaking report are embraced, every child under the age of five would be granted the opportunity to participate in three days per week of top-notch early childhood education.
Following a drop in oil prices after the delay of an OPEC+ meeting and a decline in iron ore prices, the Australian share market lost ground on Thursday.
RBA governor Michele Bullock has sparked backlash for suggesting Australians going for haircuts and dentist visits are to blame for high inflation.
Inflation is increasingly being driven by domestic factors, not those from overseas, RBA governor Michele Bullock says.
An advance in large cap stocks made up for losses in real estate and tech stocks, with the benchmark unchanged on Wednesday.
House prices in one Australian state are set to fall fast in 2024 and one group of owners is particularly at risk.
Spending patterns reveal a stark divide between generations as cash-strapped Gen Z and Millennials cut back on essentials while Boomers splurge.
Despite a fresh warning the RBA is still prepared to hike interest rates, markets were buoyed from a rally by iron ore miners.
As the Reserve Bank mulls a 14th rate hike, freshly minted governor Michele Bullock has warned current levels of wages growth are unsustainable.
The risk of more rate hikes in the months ahead would have increased had the RBA opted against increasing rates on November 7, fresh meeting minutes have revealed.
Original URL: https://www.heraldsun.com.au/business/economy/page/193