‘It’s a genuine emergency’: Sydney is cooked
A new report suggests the Harbour City now “stands alone” in the cost of housing, a mark one expert says “can’t go on”.
Australian Economy
Major Aussie trucking company goes under
A third-generation family company employing about 300 staff is due to close after nearly 80 years in the business.
Inside key meeting to remove Trump tariffs
Australia’s Trade Minister said he had a “friendly” meeting with US Trade Representative Jamieson Greer when the pair met in Paris last week.
Australia laughing all the way to the bank
New data reveals Australia’s beef exports are hitting record numbers as China and the US hoover up our products amid the trade war.
Reason Aussies are working multiple jobs
A trend that started after the Covid pandemic is continuing, with a huge number of Australians taking on multiple roles to deal with the cost of living.
State’s $28m AI plan revealed
Company workers aren’t the only ones facing an AI tidal wave, with one state announcing a new $28m drive to embed the tech revolution into its public sector.
‘First time since 2003’: Huge US beef move
A change to the long-standing ban on US beef could be used as a sweetner in tariff talks with Donald Trump’s administration this month.
When Aussies will get faster internet
The NBN is upgrading its internet speeds to propel Australia into a new age of streaming and there are some key things to do right now to prepare.
‘Scandalous’: Uber wealthy Aussies get richer
The children of Australia’s ultra-rich are set to inherit their fortunes as the wealth of the country’s richest people outpaces economic growth.
What it costs to save Aussie steel industry
A booming mining and defence state has delivered a surplus budget just nine months before voters head back to the polls, spending big on a key steel plant.
‘Underwhelming’: Aussies cautious spenders
Australians remain cautious with their money, with only a slight bump in spending in April despite two long weekends in a row.
Hard working family’s warning to all Aussies
A hard working family has been pushed to the brink, and their struggle has a impact on all Australians and the lifestyle they now enjoy.
Big paydays for new fashion giant bosses
A big Aussie fashion retailer has just appointed its new chief executive, with promises of multimillion-dollar pay cheques if he meets targets.
Huge move to stop airport taxi rip-offs
One state will consider setting a maximum rate on taxi fares to and from the airport in a bid to stop $100 taxi rip-offs.
‘Unusual’ thing happening to Aus dollar: RBA
The Reserve Bank has noticed that the Australian dollar isn’t behaving in the way it normally does during times of global uncertainty.
Dire sign for Aussie economy
Forecasts for growth in the Australian economy have been downgraded by a major international body, with the OECD urging more action on housing.
RBA’s worst case scenario revealed
The fallout from US President Donald Trump’s tariffs could have a severe impact on the Australian economy, worst-case modelling from the RBA reveals.
‘Sombre picture’: Bleak forecast for economy
Australia’s economy is showing more signs of weakening ahead of GDP figures being released on Wednesday.
Surprising Aussie benefit of Trump trade
Australia could be one of the few countries that benefits from the fallout of US President Donald Trump’s tariff policy.
Historic deal following sacred site destruction
An Australian mining giant has inked a deal with traditional owners after the 2020 destruction of historic and sacred land.
‘Panic’: Alarming sign for the economy
A famous investor and multi-millionaire has made a huge move which has sparked dire fears for the economy, with all eyes on the US.
Big call after Trump’s tariff blow
Donald Trump has stoked outrage after doubling the levy on Australia’s steel exports – but there still might be a “pathway” for an exemption.
Promoted Lib concedes election ‘mistake’
A senior Liberal has conceded a mistake in their immediate objection to a major Labor policy during the election, which contributed to the Coalition’s blistering loss.
3m Aussies slugged with debt increase today
Millions of Aussies with student loans have been slugged with a debt increase – months before a promised 20 per cent cut is enforced. Here’s what you need to know.
Australia fumes over Trump’s tariff call
Donald Trump has doubled down on an ‘an act of economic self harm’ by threatening to double the steel tariff to 50 per cent, Australia’s trade minister says.
‘No evidence’: Aussie WFH lie exposed
A major working from home lie has been exposed, as a report from Australia’s Productivity Commissioner casts a new light on the contentious debate.
Huge baby boomer truth finally revealed
We often hear baby boomers complain that they had it harder back in their day, but is that actually true? Let’s find out.
‘You are such a joke’: Row erupts, huge move
A major decision that will affect the future of the nation has caused deep rifts, and things came to the boil on live television.
‘Just stop’: Surprise act hurting homebuyers
Australian first-home buyers would be better off without one thing, as it is simply driving up the price of the housing market, an economist warns.
ASX snaps four day winning streak
Australia’s sharemarket snapped a four day winning streak during Wednesday’s trading after monthly inflation data came in hotter than expected.
Original URL: https://www.news.com.au/finance/economy/australian-economy