Young Aussie reveals how she budgets her pay cheque
28-year-old Aussie breaks down her weekly spend
Economy
‘Nightmare’: Obstacle Aussie businesses hate
A high-profile Aussie businessman has backed a state premier, saying he is working hard to reduce every business’s worst “nightmare”.
‘Aussie Owned’: Mum calls for new food label
Aussies love supporting homegrown products, but one mum warns that the widely recognised “Australian Made” logo is not what it seems.
‘Fools’: Albo hits out at Coles, Woolies
Prime Minister Anthony Albanese says supermarket customers “don’t deserve to be treated as fools” as Woolies and Coles are called out.
Aussie shares pull back from record high
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
‘Out of control’: Minister lashes Greens
Finance Minister Katy Gallagher has issued a scathing takedown of the Greens after they demanded unprecedented action against the Reserve Bank.
Major issue in solving Aussie housing crisis
With Australia’s housing crisis ever-worsening, one group has revealed the 130,000-strong gap stopping it from being solved.
Major issue in solving Aussie housing crisis
With Australia’s housing crisis ever-worsening, one group has revealed the 130,000-strong gap stopping it from being solved.
$80 billion win for Aussies
Ahead of the final budget outcome later this month, the Treasurer confirmed Australia has improved its debt position, saving taxpayers on interest fees.
New work trend taking off in Australia
More and more Australians are taking on multiple jobs to keep their heads above the water, but the issue runs deeper than just cost of living.
Huge call on key rates figure
The Treasurer has made a huge call on Australia’s inflation rate, ahead of a new report coming out on Wednesday, one day after the next RBA board meeting.
Dire warning over Aussie interest rates
An economist has issued a dire prediction about the “really dangerous” interest rates in Australia on the eve of the Reserve Bank’s rates decision.
Expert’s huge call on Aussie interest rates
Leading Australian economists say the RBA will deliver a gift to cash-strapped households in February, but one key player is holding firm on a rate cut this year.
Aussies react to massive interest rate cut
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
‘Jumbo’ Fed cut boosts Aussie shares
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
‘Ponzi scheme’: Financial crisis engulfs China
China is in the middle of a full-blown financial crisis of its own making – and there will be dire consequences for Australia as a result.
Alarming figure ahead of RBA rate decision
While August’s labour force data revealed Australia’s unemployment rate remained steady, it dashed hopes of a RBA rate cut on Tuesday.
Major cash boost for Aussie families
Women who give birth to or adopt babies after July 1 next year will be eligible for an increased cash boost aimed at lowering the “motherhood tax”.
Aussie shares flat before pivotal Fed moment
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
Huge call on 12.9m Aussie salaries
Nearly 13 million Australians would be making $4092 less a year if it weren’t for one thing, a senior Labor Minister has claimed.
Aussie shares hit fresh record on Fed fever
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
Australia locks in contentious new trade deal
Australia has signed a massive new trade deal with a Middle-Eastern powerhouse, but the agreement has sparked controversy.
‘Backwards’: Albo blasted over economy fears
Australia is at risk of taking “noticeable” steps backwards, with one business leader saying prominent CEOs are fearing the country is “losing” its way.
New record high for Aussie shares
Growing jubilance around this week’s interest rate cut in the world’s largest economy propelled Aussie shares to a record high.
2-word trend Aussies can’t get enough of
The cost-of-living crisis has done little to dampen Aussies’ appetite for one activity they were denied during the Covid-19 pandemic.
‘Flatlining’: Grim news for Aussie retailers
Retailers are worried they face a tough Christmas trading period, as Australians continue to resist spending up during a cost-of-living crisis.
‘Deport them’: Outrage after uni revelation
The government is facing calls to deport international students associated with so-called “ghost colleges” after a crackdown on hundreds of dodgy operators.
Iconic Aussie brand’s ‘irreversible challenges’
Trying to make money from delivering letters in 2024 is a tough slog, as Australia Post’s financial results show.
45 houses unfinished as builder goes bust
Houses in one major city have been left unfinished as a builder that was serving a suspension is put into liquidation.
Energy stocks lead to dip in ASX
The Australian share market fell again on Thursday, after a poor start thanks to Wall St, as several big name companies report results.
Aussies’ love of Kmart dupes boosts profits
Despite the cost-of-living crunch, buyers flocked to Kmart and Bunnings to pick up bargains, leading to a strong profit for parent company Wesfarmers.
‘Political’: Dutton slams gold mine decision
The Opposition Leader has weighed into the debate on the development of a new gold mine, calling Tanya Plibersek’s decision a bid to woo Greens voters.
Aussie’s fury over cost of nine Coles items-
A 25-year-old woman has been left furious after a simple supermarket stop in where she bought just nine items for a total of more than $60.
Worrying sign Aussies already in ‘recession’
Amid a cost of living crisis beleaguered Aussies have been warned to brace for an “economic horror show” up until Christmas.
Sharemarket flat after profit slumps
The Australian Stock Exchange ended Wednesday flat after some of the country’s biggest companies reported some less than stellar results.
Bleak rates call nobody wanted to hear
Economists have dampened hopes that new inflation figures could lead to a sooner-than-expected rate cut, unless “something out of left field” happens.
Bleak rates call nobody wanted to hear
Economists have dampened hopes that new inflation figures could lead to a sooner-than-expected rate cut, unless “something out of left field” happens.
‘Economic sabotage:’ Greens’ tax bid lashed
The minor party’s plan to hit big corporations with a tax on excessive profits has been lashed as “economic vandalism” and “cheapskate politics”.
‘Rip-off’: $2.75 Telstra cash fee stuns
Plenty of Australians still regularly use cash, but it keeps getting harder for those like this man who was amazed to be charged for paying his Telstra bill.
‘Absolutely wrong’: $1b mine drama erupts
NSW Premier Chris Minns has called out the federal government’s decision to block a gold mine tailing dam in the state.
‘Absolutely wrong’: $1b mine drama erupts
NSW Premier Chris Minns has called out the federal government’s decision to block a gold mine tailing dam in the state.
Woolies profit plunges despite sales increase
Woolworths Group has announced a dire $108m net profit, a 93 per cent drop on last year.
Wild bid to tax big Aussie companies more
Greens Leader Adam Bandt is announcing a new Robin Hood tax policy to force Australia’s biggest companies pay more tax on their profits.
Ailing Lovisa, Zip drags stock market down
The Australian share market finished down on Tuesday, following sagging results from jeweller Lovisa and sluggish performance from Zip and Johns Lyng.
Why younger savers are ignoring banks
Facing mounting student debts and the cost-of-living grind, younger people are getting savvier on who holds onto their money.
Aussie shares jump on Fed cut fever
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
‘Survival of the fittest’: Lucky Country’s over
Soaring cost of living has turned the country into “survival of the fittest”, as Aussies share their brutal stories.
Qantas, Virgin on notice after turmoil
Bonza’s collapse and Rex’s uncertain future has left a gap for consumers and given more power back to Qantas and Virgin airlines.
Big win coming for airline passengers
A new agency will be set up to monitor airlines and help customers receive cash refunds for delayed or cancelled flights.
Petrol prices at a 13-month low
Petrol prices across multiple cities have reached 13-month lows, with some cities reporting peak drops of more than 40 cents.
Original URL: https://www.themercury.com.au/business/economy/page/2