Cost of Living

The RBA Board said inflation had ‘fallen substantially’ from its 2022 peak, with higher interest rates helping bring demand and supply into better alignment.

This comes as Australia is expected to face a potential gas shortage and may need to import gas within the next two years.

‘Productivity growth isn’t about working harder. And it’s not just about having more stuff. It means making the most of what we have,’ said PC chair.

Liberal Senator Andrew Bragg has demanded clarity on exemptions, questioning why some MPs will be exempt.

Pets now allowed in rentals unless refused on valid grounds; landlords face penalties for false evictions under strict new evidence rules.

Sydney, Melbourne, Brisbane, and Adelaide now sit among the world’s 10 least affordable cities globally.

Labor’s wage push comes as public sector pay outpaces private wages for the first time in four years.

Around 0.71 percent of CBA customers were over 90 days behind their mortgage payments, the highest level since March 2019.

Woolworths said the latest price reduction would last at least until 2026.

Australian beef exports hit new record in April 2025, with total volume reaching 127,172 tonnes.

Economists have weighed in and say the only upside to the economy is that inflation has moderated.

The Epoch Times spoke with several members of the community to hear their thoughts.

Rent growth eases slightly, but affordability pressures persist as capital city rates stay elevated and regional markets show mixed movement.

Canadian discount chain Dollarama has paid a pretty penny for The Reject Shop, with plans to open hundreds more stores across Australia.

Anglicare is arguing for tax incentives for investors to be cut, but some say the issue is more about migration.

He argued Labor had not only shown enthusiasm for responsible economic management but had built a strong track record.

NAB banker Claudia Dior mentioned that these findings go against common beliefs about how adolescents handle their finances.

Once a stronghold of the Labor Party the area is showing signs of volatility amid the ongoing inflation crisis.

The housing crunch forces new urban living norms.

The accounting industry warns that a standardised system could short-change taxpayers despite promise of simplicity.