ANZ makes horror 2025 rates prediction
A major Australian bank has issued a grim warning on where rates are heading, with the next cut not predicted until 2025.
Federal Budget
Millions of Aussies set for pay rise
Australia’s workplace umpire has revealed its reasons for increasing the minimum wage for 2.6m workers by another 3.75 per cent.
ASX snaps losing streak in broad rebound
Aussie shares shrugged off a grim night on Wall St to end a three-day losing streak and finish the week with a broadbased rebound.
More bad news for the housing crisis
With the commencement of the Albanese government’s 1.2 million homes target less than one month away, housing approvals continued to disappoint.
More Stories
Mining ‘critical’ to future: Chalmers
Mining will ‘underpin” Australia’s economic transformation to a renewable energy superpower in a generational opportunity for the country, Treasurer Jim Chalmers has declared.
‘Slap in the face’: Treasurer under fire
A celebration over a larger-than-expected surplus has raised questions over whether there should be more help for struggling Aussies.
‘Pretty hard’: Grim forecast for economy
Fears Australia is tracking for a recession have been shot down despite an acknowledgment the next 18 months are going to be “pretty hard”.
Huge cash boost for one million Aussies
A proposed plan to boost payments to some of Australia’s most vulnerable people has cleared its final hurdle, all but confirming the increase.
Mum breaks down as she begs for help
A struggling single mum has broken down as she explained why she will soon lose $176.90 a month.
Twist in uproar over ‘dole bludger’ couple
A Sunshine Coast couple who sparked backlash after claiming they struggle to stay afloat on Jobseeker have come under scrutiny.
Australia ‘no longer lucky country’: Waleed
Project Host Waleed Aly says the emergence of a “working poor” in Australia, who cannot afford to heat their homes or pay for groceries, is a “frightening” thing.
One car Aussies are rushing to buy
One of the nation’s most popular vehicles is about to become a lot harder to buy next month.
Big Aussie crisis just got a lot worse
It’s a small detail in Labor’s budget, but this number could set the path for Australia’s housing crisis and it’s a worrying forecast.
Dutton’s huge claim about budget
The Opposition has labelled the latest budget a “disappointment” as they claim one group of people “won’t receive one cent”.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/42