One in seven facing insurance stress
The number of Aussie households struggling to pay for home insurance has jumped by more than 30 per cent as premiums spike due to the risk of natural disasters.
The number of Aussie households struggling to pay for home insurance has jumped by more than 30 per cent as premiums spike due to the risk of natural disasters.
The number of Aussie households struggling to pay for home insurance has jumped by more than 30 per cent as premiums spike due to the risk of natural disasters.
As the big four Australian banks continue making billion-dollar profits, more and more families are falling behind on their house payments.
Massive changes to workplace laws kick in August 26 which will allow millions of employees to ignore calls from the boss out of hours.
When Kamala Harris unveiled her policy platform for the upcoming US election, many Aussies were left with a strange sense of deja vu.
A major milestone has just been hit in Australia’s ambition to acquire nuclear-powered submarines.
A judge has granted the administrators of Rex Airlines more time to find a buyer for the embattled airline, with possible offers already in the pipeline.
Treasurer Jim Chalmers has called for support from the Coalition to create a separate Reserve Bank board that will solely be responsible for cash rate decisions.
Members of the disability community have reacted angrily to the passing of NDIS reforms to rein in spending blowouts, after an emotional debate.
Members of the disability community have reacted angrily to the passing of NDIS reforms to rein in spending blowouts, after an emotional debate.
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
Changes to aged care, which may see older Australians paying more, will have to wait for at least another fortnight as negotiations continue with the Coalition.
Making $100,000 a year used to be a kind of salary holy grail for a lot of Aussies, but the country’s cost-of-living crisis has changed that completely.
One of Australia’s richest people became $2.1bn better off on Wednesday as his tech firm led the Australian share market.
Another of the major Aussie banks has cut mortgage rates, helping people scraping together repayments or a house deposit.
The solar farm is expected to cost billions in taxpayer funds, however, most of the power won’t be going to Australian homes.
Domino’s investors opening the yearly results are having a tough time digesting the cold, soggy returns.
The Australian economy is growing at its slowest rate since a sharp recession in the early 1990s and it’s particularly bad news for white-collar workers.
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Government inaction into housing stress continues to leave millions of Aussies at risk of homelessness, according to researchers.
A major commercial property player has taken a huge financial hit, as negativity around iron ore leaves room for investors to pounce.
Treasurer Jim Chalmers says the Albanese government and the Reserve Bank are aligned in the fight against inflation.
Chinese manufacturing, and it turns out Chinese babies, have left their mark on the ASX on Monday despite the market closing up.
There are urgent calls for more support for Aussies living with long Covid as it is revealed the economy lost nearly $10 billion in one year alone.
More Westpac mortgage holders are falling behind on their payments while the bank posts a flat $1.8bn profit for the latest quarter.
A new set of data has revealed worrying details about the state of the Aussie economy, with households set to be squeezed even further.
Wide-reaching research has found the seemingly essential things Aussies are going without in the cost of living crisis.
The Aussie sharemarket marked another record high as investors responded positively to the news that inflation came in below expectations.
Inflation has hit 3.8 per cent for the June quarter, but some economists say that figure has given the Reserve Bank room to keep rates on hold.
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.
Original URL: https://www.themercury.com.au/business/economy/page/4