Stocks crash, but rate hope on Trump tariffs
The sharemarket has been smashed after US President Donald Trump announced a 10 per cent tariff on Aussie imports, but there is a silver lining,
Budgeting
RBA’s stunning Trump warning for Aussies
The RBA has just delivered a stark warning that Donald Trump’s trade war could trigger disorder in the global economy and hammer Australians.
‘Not America’: Demand for $2k wage boost
Union leader Sally McManus has fronted the Fair Work Commission to push for a big minimum wage increase for workers.
Surprising loser in Trump tariff plan
Donald Trump has announced tariffs on Australian beef, with the American people now likely to pay more for one beloved item.
‘Shameful’: Lambie’s fury at Trump response
Jacqui Lambie has erupted at both Labor and the Coalition over their handling of US President Donald Trump’s tariff war
Single dad exposes dire Aussie crisis
A single father’s appearance on the ABC’s flagship Q and A program has exposed just how dire life is for so many Aussies in the country’s cost-of-living crisis.
Grim reality for those trying to buy a home
Australia’s housing market has continued its resurgence, and the momentum is all down to one thing we haven’t seen since 2020.
Surprise reason holidays to Bali are cheaper
Holidays to Bali have become cheaper this year — and Aussie travellers have Donald Trump to thank for the boon.
Four key challenges facing Aussie economy
As Aussies get ready to head to the polls, a leading economist warns these are the huge challenges that await whichever party wins the upcoming election.
Major banks’ grim news for savers
The major banks have slashed their deposits and savings rates, just days before the RBA will announce the nation’s official cash rate.
Undercover shoppers expose grocery prices
Undercover shoppers bought groceries across Coles, Aldi and Woolies over nine months to see which one offered the lowest prices. Here are the results.
Star’s advice on slowing down scammers
Jessica Rowe and her mum are spearheading a campaign to encourage Australians to talk to their loved ones as a way to help prevent scams spreading.
‘Election bribe’: Power bill relief heats up
The government has found money in its budget to lock in an energy bill subsidy until the end of the year, but the Treasurer insists it’s not an ‘election bribe’.
Real issue facing supermarkets after probe
Australians have changed the way they shop after the consumer watchdog started an inquiry into the supermarkets.
‘Power’: Big call on supermarket profits
Australia needs more competition in the supermarket industry to stop customers paying a higher margin on their groceries, an industry expert warns.
How Trump move made Aussies poorer
There’s a simple reason why most Australian workers were a little poorer at the end of February, and it’s all to do with Donald Trump.
Question millions of Aussies want answered
Fed-up Australians set to pay more for electricity want to know one thing as they try to work out where the extra money is going to come from.
Photos back up woman’s claims about Aus
A woman who spent $60 on a prawn entree has declared Australia has a “two-tier economy” – and these Sydney pictures seem to back her up.
Fed-up Aussie says what we are all thinking
A video of a clearly fed-up worker has struck a chord with Aussies after perfectly verbalising how millions of people in this country are feeling right now.
Act renters hate all but abolished
Dodgy landlords and real estate agents trying to bully tenants into paying a higher rate have all but been eliminated from one state.
Key group not helped by rate cut
A key group is yet to see real relief from the RBA’s recent rate cut, a big four bank has revealed.
‘Broken up’: Wild price gouging penalty
Aussie grocery giants face being broken up or paying hefty fines for price gouging under a wild election proposal from one party.
One thing Aussies planning to ditch
Cash-strapped Aussies weighing up whether to maintain one expense have been tipped over the edge by the biggest price rise in seven years, a survey claims.
Job myth costing you thousands
A common job myth could be costing Aussies up to 13 per cent a year in annual pay, new research shows.
Worrying sign for home buyers after rate cut
The Australian housing market has surged on the back of interest rate cuts, completely reversing a soft start to the year.
Millions of Aussies to get rate cut today
Rate relief for millions of Australians starts on Friday as the first of the big four banks finally pass on the RBA’s rate cut to mortgage holders.
Kochie’s warning as millions cop price hike
Money expert David Koch has issued a warning to millions of Aussies facing a price hike on their private health insurance.
Bad news for back-to-back rate cuts
Mortgage holders hoping for back-to-back rate cuts have taken a hit after the latest inflation figures were released.
‘Unfair’: What Aussies savers should do
Frustrated Aussie savers have been urged to get one up on banks who have left them in the dark by doing one thing.
Watchdog’s warning to big supermarkets
Australia’s consumer watchdog says customers’ concerns in the supermarket and retail sector remain a key priority in the year ahead.
‘Bitter pill’: Grim reality for Aussie savers
It’s only going to get worse for Aussie savers already on their knees after the Reserve Bank’s decision to cut interest rates.
5 million Aussies set for cash boost
Pensioners, renters and students will receive a big income boost next month. Here’s what you need to know.
When is the next RBA meeting on interest rates?
The Reserve Bank of Australia has switched things up, meaning eager homeowners will have to wait a little longer to find out if they will get another rate cut.
Winners and losers from RBA rate cut
Households are tipped to have a bit more in their pockets after the RBA’s first rate cut in four years, but just how much you will save will depend on the size of your loan.
‘Serious mistake’: Surprise scene outside RBA
Unions and interest groups ratcheted up the pressure on the Reserve Bank ahead of its decision to cut interest rates.
Major bank’s huge move on rates
Competition among mortgage providers has spurred a big four bank to cut its variable interest rates ahead of tomorrow’s RBA decision on the cash rate.
Further sign rate cut is on its way
Banks are cutting one particular offering as they gear up for the Reserve Bank of Australia to do the same to the cash rate.
Australia’s world-first move to stop scammers
Australia is fighting back against cyber security threats, and this world-first move against scammers is leading the way.
Trump’s tariffs could stall rate cut
Uncertainty over US President Donald Trump’s current tariff policies could push back the RBA’s plans to cut rates in February, economists warn.
Blunt warning over funding for schools
Educators have issued a desperate plea after a new report revealed the growing disparity between the funding for private and public schools.
$95k homebuyer boost announced for Aus
Carrying a big student debt and can’t get a mortgage? See how much more you could borrow under new changes.
Second major bank cuts interest rates
Another of Australia’s big four banks has cut interest rates for one group of borrowers, ahead of the RBA’s highly anticipated February meeting.
Surprising trend in home lending
Aussies putting up with higher house prices are still getting into the market as investors get out of the way, new research shows.
Proof the Aussie dream isn’t dead
Fresh government data has shined new hope on the great Australian dream, proving you can still buy a home in a popular city for under $1m.
Aussie bank delivers huge card makeover
An Aussie bank has just dropped a huge update to its debit cards.
Building company collapses owing millions
Another Aussie builder has gone bust, leaving home buyers in the lurch and creditors owed millions.
Aussies’ insane credit card spend revealed
Some Australians are facing huge debts following a record credit card spend over the Christmas period.
Reason Aussies shying away from retailer
International retailers Temu and Shein have risen rapidly in Australia, but that could be short lived. Here’s why.
‘In a second’: Horror warning for Aussies
Australians are falling for scams within a matter of seconds, with a top cybercrime cop issuing a chilling warning.
Major bank flags big risk in rate cut
Australia’s biggest bank says there may be some brief relief for those priced out of owning a home, but there could be a brutal side effect to cutting rates.
Proof of how far off target Australia is
Australia remains behind its ambitious target of 1.2 million new homes by 2029 despite a bounce in new housing approvals in December.
How young Aussies can get $1321 boost
Applications are now open for young Aussies to get a tax-free $1321 cash boost, but there’s a catch.
Aussies will get $1888 tax cut this year
There’s some great news for us struggling with the cost of living as the average Aussie is set to get a big tax break.
Truth about Aussie shoppers revealed
Record deliveries from Australia Post in the past two months have revealed some essential truths about the average Aussie shopper and what they want.
Oz Lotto skyrockets to $70m
The Oz Lotto draw has ballooned even further after no division one winners were announced in Tuesday night’s draw.
Gerry Harvey’s big call on Temu
One of Australia’s high profile retail billionaires has called for a “government inquiry” into discount Chinese online retailers Shein and Temu.
Insane cost just to send your kid to school
The cost of living crisis is extending to schools, with households making a number of sacrifices to send the kids back to school.
Budget retailer to make huge change
Bargain Chinese retailer Temu is working with the Australian consumer watchdog to make changes to its product lines.
‘Staggered’: Major catch for Aussie rate cut
With thousands of Aussie homeowners buckling under the weight of hefty repayments and the cost of living crisis, a financial expert has laid out his best tips going into 2025.
Cost of Aussies’ 2025 grocery shop revealed
Just how much extra Aussie families will pay to put food on the table this year has been revealed as cost-of-living pressures continue to bite.
‘Darker purpose’: Big claim on $2.50 cash fee
An Australian bank has been slammed for “cash grabbing” after launching a controversial $2.50 fee for customers accessing their own money.
Horror reality in Australian mortgage crisis
An upsetting reality awaits millions of Aussies working to own their own home outright, with one expert sharing a surprising insight.
How rogue cabbies ripping off Aussies
Some rogue cab drivers are getting away with fraudulent transactions, using a simple trick to get more money out of everyday Aussies.
Earth-shattering interest rates call
Aussies might not get a break from the cost of living crisis at all in 2025, with experts predicting interest rates aren’t going anywhere.
Simple act to save $238 on your bills
Aussies are being urged to switch energy providers with their loyalty likely costing them hundreds per year.
Fresh blow for would-be homeowners
The International Monetary Fund has poured cold water on a key housing policy which would make it easier for first-home buyers to get a loan.
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.
‘Better life’: 25yo exposes Centrelink truth
An Aussie mum sparked fury this week by sharing the staggering amount she’s saved on Centrelink benefits. But there’s more to the story.
Why this Christmas is toughest for Aussies
Christmas is one of the happiest times of the year, but as the cost-of-living crisis worsens, millions of Australians are giving up essentials to put presents under the tree.
Surprising falls on Aussie Xmas favourites
Falling prices at the checkout mean Aussie families are tipped to pay slightly less for Christmas BBQ favourites this holiday season, according to new research.
Why RBA is being blamed for inflation
The RBA’s slow response to the post-Covid economic boom is to blame for Australians paying more on their mortgage today, a consulting firm has found.
Surprising Aussie fashion trend revealed
Buy-now pay-later giant Afterpay has revealed some surprising Aussie fashion trends in its latest Afterpaid report, with one colour dominating 2024.
‘Not immune’: Retail giant battles in cost crisis
One of Australia’s iconic retailers is forging on with a huge business deal in the face of tough conditions for retailers.
‘Weak’: Business confidence falls sharply
The cost of doing business in Australia is too high to handle for many organisations, the latest business confidence survey has found.
Amazon delivers huge Christmas update
Online behemoth Amazon has just announced the cut-off date for its Christmas Day delivery service.
91 per cent chance of this interest rate call
Mortgage holders and business owners should not hold their breath for any interest rate relief on Tuesday.
Chart reveals why Australia is screwed
Australians are getting poorer and a leading economist has produced a simple chart that shows why.
Treasurer’s bombshell election claim
The Federal Treasurer has conceded there is a “possibility” Labor will be booted at the next election while tempering expectations of “big spending” in the mid-year budget update.
State’s massive $280m cost-of-living move
Hundreds of thousands of Aussies are due to share in $280m worth of cost-of-living relief, including hundreds of dollars being allocated for each schoolchild.
Supermarket giant grilled on vacant land
One of Australia’s two supermarket giants has denied it is sitting on unused land in one capital city to stop any competitors opening up.
Original URL: https://www.news.com.au/finance/money/budgeting