Worst news for struggling homeowners
Economists are divided on what happens next with interest rates with some saying they need to go as high as 5 per cent.
Economists are divided on what happens next with interest rates with some saying they need to go as high as 5 per cent.
The June quarter inflation data will be released on Wednesday morning, giving pundits a clearer idea of whether the RBA will seek to hike rates next week.
The June quarter inflation data will be released on Wednesday morning, giving pundits a clearer idea of whether the RBA will seek to hike rates next week.
Following Rex’s decision to halt trading on the ASX, the carrier’s latest move has signalled more strife is headed for the airline.
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
New data shows building approvals have stuck at near decade lows despite a modest uptick in the first half of the year, with NSW dragging down other states.
New data shows building approvals have stuck at near decade lows despite a modest uptick in the first half of the year, with NSW dragging down other states.
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
There’s a growing cloud of insolvencies ripping through Australian business and one cafe owner says he can’t catch a break.
It’s a problem across the world and government’s are struggling to solve it. It could mean a drop in living standards for everyone.
One tiny detail in a leaked government document has revealed China’s massive backtrack in one key area, setting alarm bells ringing.
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
A massive change for renters in one Australian state promises to help tenants “build a home and a life on surer ground”.
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
The Opposition says Labor’s factional system means Anthony Albanese won’t be able to announce the best team in his ministerial reshuffle on Sunday.
Anthony Albanese says a respected forecaster’s latest report pointing to a ‘fork in the road’ moment for the economy has endorsed his government’s policies.
There are increasing warnings that Australia could be plunged into a nightmare scenario if Donald Trump becomes president and a battle emerges with China.
An approaching signal shutdown could knock out triple-0 calls for a huge number of Aussies, a leading telecommunications giant has warned.
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
Bunnings has hit back at claims from union workers they may have been exposed to dangerous lead levels after purchasing products at one of its stores.
Aussies are being hit with “extreme pressure” from the cost of living crisis with millions facing an impossible choice.
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
The eSafety Commissioner has officially put the tech giants on notice: Do more to protect Aussie kids or cop massive fines.
One of Australia’s biggest banks has just delivered a big gift to Aussies desperate to lock down a home of their own.
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
New analysis has revealed key Aussie workers are being priced out of homes further and further away from the city, as the rental crisis begins to “sprawl”.
New forecast shows the average Aussie will be $21,000 richer in retirement after change in payments from this month onwards. Here’s why.
The second coming of Donald Trump may be more economically difficult for Australia than the first. However, it’s not all bad news.
Minister for Home Affairs Clare O’Neil says there have been reports of phishing scams amid the CrowdStrike IT outage.
Many people are still struggling after a global IT outage left airlines, banks and businesses scrambling.
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
A day after setting a new 52-week high, the Aussie sharemarket retreated at the closing bell on Thursday.
Twiggy Forrest’s announcement of job cuts affecting his ambitious green hydrogen project shows the failure of the government’s energy plan, the coalition says.
Analysts have largely agreed on how Thursday’s job data release will affect the Reserve Bank’s cash rate decision in two weeks time.
Analysts have largely agreed on how Thursday’s job data release will affect the Reserve Bank’s cash rate decision in two weeks time.
Accent Group will close half of all Glue Store locations across Australia.
Banks are expecting more mortgage holders to go into arrears as households struggle with elevated interest rates and inflation.
One of Australia’s largest banks has crunched the numbers to show Aussies are pulling back on streamers and ‘micro treats’ to maintain spending on the two key things that are most important to them.
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
Energy Minister Chris Bowen said households could soon be further incentivised to buy into batteries or be able to use an EV to charge the home.
Energy Minister Chris Bowen said households could soon be further incentivised to buy into batteries or be able to use an EV to charge the home.
Australia is adding a migrant “every single minute” as new figures suggest the PM’s promise to return to “sustainable” levels has already been broken.
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Incoming climate change tsar Matt Kean has called on the clean energy industry to take up the fight to the ‘climate change denialists’.
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
Treasurer Jim Chalmers says he is expecting Australia’s surplus to grow beyond the $9.3bn forecast in the budget, with the exact figures set to drop in September.
Treasurer Jim Chalmers says he is expecting Australia’s surplus to grow beyond the $9.3bn forecast in the budget, with the exact figures set to drop in September.
New analysis has revealed the shocking number of vacant homes in one of Australia’s biggest cities, as renters struggle to find somewhere to live and prices skyrocket.
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Original URL: https://www.ntnews.com.au/business/economy