Alarming reason living standards could fall
A leading forecaster predicts “the harm to living standards could be deep”, as global economic growth halts on the back of trade tensions.
A leading forecaster predicts “the harm to living standards could be deep”, as global economic growth halts on the back of trade tensions.
In good news for borrowers, a big four bank has slashed variable interest rates as competition between lenders heats up.
An iconic Aussie fashion business with a 100-year history is set to avoid collapse in a breakthrough deal.
Struggling mortgage holders may have to wait a little longer for interest rate relief, a big four bank’s economist warns.
One state has a legislative mandate to “minimise harm” from gaming machines, but a troubling new report shows it is failing to protect punters.
Aged care and disability services provider Annecto is shutting down after 70 years in business, putting the care of more than 3000 people in limbo.
Aussie women are bearing the brunt of the nation’s cost of living crisis and putting their own financial futures at stake to keep households afloat.
One of the world’s biggest retailers is opening a new, dedicated store in Australia.
Hundreds of thousands of households in a major mining state believe their housing situation to be unaffordable, a troubling new report has found.
Australians are more worried about their jobs, the family finances and the broader Australian economy due to the US President Donald Trump’s tariff policy.
Rio Tinto’s mammoth Tomago aluminium smelter is reportedly close to collapse, putting some 6000 jobs at risk.
Australia’s housing market is on the rise, with a million dollars no longer enough to get you into the average home, official figures show.
A new report suggests the Harbour City now “stands alone” in the cost of housing, a mark one expert says “can’t go on”.
A third-generation family company employing about 300 staff is due to close after nearly 80 years in the business.
Australia’s Trade Minister said he had a “friendly” meeting with US Trade Representative Jamieson Greer when the pair met in Paris last week.
New data reveals Australia’s beef exports are hitting record numbers as China and the US hoover up our products amid the trade war.
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.
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.
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.
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.
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.
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.
Australians remain cautious with their money, with only a slight bump in spending in April despite two long weekends in a row.
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.
A big Aussie fashion retailer has just appointed its new chief executive, with promises of multimillion-dollar pay cheques if he meets targets.
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.
The Reserve Bank has noticed that the Australian dollar isn’t behaving in the way it normally does during times of global uncertainty.
Forecasts for growth in the Australian economy have been downgraded by a major international body, with the OECD urging more action on housing.
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.
Australia’s economy is showing more signs of weakening ahead of GDP figures being released on Wednesday.
Original URL: https://www.news.com.au/finance/economy/australian-economy