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Australian Politics News
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Naziya Alvi Rahman
Australian Economy Grows Slightly, Falls Short of Expectations
On an annual basis, the economy grew by 0.8 percent, down from 1 percent in June, and below the expected 1.1 percent growth.
Dec 03, 2024
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Naziya Alvi Rahman
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Dec 03
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Australia News
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Naziya Alvi Rahman
Australian Businesses Look Overseas After 2 Decades of Falling Competitiveness
Australians’ high quality of life is at risk if the country fails to address its productivity issues.
Nov 18, 2024
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Naziya Alvi Rahman
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Nov 18
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Cost of Living
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Rex Widerstrom
Job Growth May Impact Mortgage Rates and Borrowers
The increase in job numbers, almost double what was forecast, is positive news for the unemployed, but may diminish expectations of an RBA rate cut.
Sep 19, 2024
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Rex Widerstrom
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Sep 19
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Australian Politics News
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Crystal-Rose Jones
Australian Greens Propose $500 Billion Tax on Big Business
It comes as major retailers post profit losses.
Aug 27, 2024
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Crystal-Rose Jones
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Aug 27
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Australia News
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Crystal-Rose Jones
Treasurer Says Australian Economic Conditions ‘Soft’ Amid Recession Fears
Treasurer Jim Chalmers has stopped short of saying Australians are living in a recession, as the ABS reports the latest inflation figures.
Jul 31, 2024
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Crystal-Rose Jones
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Jul 31
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Australia News
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Rex Widerstrom
One in 11 Hospitality Businesses at Risk of Failure: CreditorWatch
The outlook for business continues to worsen, with CreditorWatch forecasting 1 in 11 in hospitality will fail in the next year, with bad news for other sectors.
Jul 16, 2024
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Rex Widerstrom
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Jul 16
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Australia News
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Alfred Bui
Australia Likely to Lift Official Interest Rate to 4.6 Percent, Deutsche Bank Predicts
‘Australia is the only G10 country where underlying inflation has increased since December,’ Deutsche Bank’s chief economist said.
Jun 26, 2024
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Alfred Bui
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Jun 26
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Australia News
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Rex Widerstrom
Albanese Spruiks Net Zero in Speech on Australia’s Economy
Net zero is a key driver of economic growth, Anthony Albanese has told the second annual forum on Australia’s Ecoonomic Outlook.
Jun 07, 2024
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Rex Widerstrom
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Jun 07
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Cost of Living
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Rex Widerstrom
Australia’s National Accounts $5 Billion in the Red
Analysts had been predicting a surplus of almost the same amount, meaning the economy has under-performed projections by around $10 billion.
Jun 03, 2024
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Rex Widerstrom
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Jun 03
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Australia News
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Rex Widerstrom
Budget Will Make Australia ‘An Island of Reliability in a Sea of Uncertainty’: Treasurer
Net zero remains a key focus of the federal Labor government.
May 01, 2024
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Rex Widerstrom
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May 01
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Australia News
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Monica O’Shea
Australian Retail Sales Surge 0.3 Percent With Taylor Swift’s Influence
The Eras Tour spending led to retail sales growing modestly at 0.3 percent.
Mar 28, 2024
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Monica O’Shea
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Mar 28
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Australia News
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Isabella Rayner
61 Percent of Entrepreneurs Juggling Side Hustles With Full Time Jobs
People seek additional sources of income amidst financial challenges.
Mar 12, 2024
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Isabella Rayner
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Mar 12
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Australia News
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AAP
Growth Report Likely to Show Households in Pain
The Australian economy is expected to to post another weak growth result in the December quarter of 2023.
Mar 02, 2024
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AAP
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Mar 02
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Australia News
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AAP
Qantas Group and Regional Pilots Hit Wall in Pay Row
Feb 16, 2024
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AAP
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Feb 16
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Australia News
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AAP
IAG Announces $200 Million Share Buyback, Raises Dividend
Feb 16, 2024
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AAP
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Feb 16
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Australia News
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AAP
High-Rise Hopes to Fix Housing Squeeze in the Regions
Feb 09, 2024
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AAP
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Feb 09
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Australia News
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Rex Widerstrom
PM Defends Backflip on Tax Cuts for High Income Earners, Cites COVID Response
The PM acknowledged the decision would be controversial.
Jan 24, 2024
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Rex Widerstrom
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Jan 24
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Australia News
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AAP
Economy Strong but Slowdown on Horizon, IMF Warns
Jan 19, 2024
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AAP
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Jan 19
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Australia News
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AAP
UN Tips Slow and Steady Inflation Progress in Australia
Jan 05, 2024
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AAP
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Jan 05
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Australian Politics News
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Rex Widerstrom
Australia Likely to See $20 Billion Budget Surplus, Despite Deficit: Mid-Year Outlook
The government says it has banked 92 percent of revenue improvements since the May budget.
Dec 12, 2023
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Rex Widerstrom
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Dec 12
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