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.
Australian Economy
‘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.
Forget the RBA, here’s what truly screws Aus
Aussie finance guru Mark Bouris has a warning for Australians celebrating this month’s interest rates cut.
ASX rises on quiet day of trading
The ASX200 eked out a small gain on a quiet day of trading on Friday following US President Donald Trump’s latest announcement.
Reason behind rise in fashion company
Chinese fashion phenomenon Shein continues to rise in popularity in Australia, with Gen Z and Millennial shoppers fuelling the boom.
‘Dark shadows’: Grim warning after rates cut
Jim Chalmers has issued a grim warning just days after the Reserve Bank cut rates for the second time this year.
‘Hope’: Huge leap in dementia treatment
A breakthrough drug expected to give back years to hundreds of thousands of Australians suffering through a debilitating disease has been approved.
ASX extends winning streak post RBA cut
A new record high for Australia’s largest bank as well as strong gains in the energy and healthcare sector helped drive the share market to a three-month high.
Major lender slashes rates in just three days
One of Australia’s largest lenders has jumped the queue and offered customers savings on their mortgages in just three days’ time.
Aussie bank chief’s brutal Trump call
One of Australia’s leading economists has called out US President Donald Trump’s tariff policy and given a reason why it won’t work.
Big bank to cut 1500 jobs in huge cull
One of Australia’s biggest banks is reportedly about to swing the axe on an estimated 1500 jobs in a massive redundancy cull.
Major banks slash rates after RBA call
The major banks have all announced they will pass on the Reserve Bank of Australia’s cash rate cut in full to variable home loan customers.
‘Two more’: Huge RBA rate cut call
Aussie entrepreneur Mark Bouris has made a huge call on the future of rate cuts for the year, after the Reserve Bank cut the official cash rate by 25 basis points.
Ex-premier roasted over RBA take
A post on X by Queensland Labor leader Steven Miles in the wake of the Reserve Bank’s rate cut has been roasted by social media users.
Reason for Aussie airline’s mega profits
Two of Australia’s biggest airlines are paving the way for a duopoly of the skies, with the consumer watchdog explaining how they reaped mega profits in the first half of the financial year.
400 jobs at risk as major retailer goes bust
A legendary motorcycle retailer with a 55-year history has entered voluntary administration, putting 400 jobs in limbo.
Call to end ‘punishing’ housing market
NSW Treasurer Daniel Mookhey sees a way out of the state’s housing crisis, but his solution relies on a little help from his friends.
The best savings rate you can get right now
Banks are slashing interest rates, but there is one bank offering savers a hefty 5.4 per cent on their money.
Original URL: https://www.news.com.au/finance/economy/australian-economy/page/3