Economy

Australia’s economy sees slow growth with rising business investment and household spending, but inflation and low productivity remain major obstacles ahead.

Inflation is impacting household budgets, with women facing higher price increases in clothing, footwear, and jewelry, making essentials less affordable.

Brace for a turbulent 2026 as Australia’s economy grapples with rising inflation, a hot housing market, and the likelihood of interest rate hikes ahead.

Australia's economy is slowing, with growth projections down. Without change, living standards may decline, signaling the need for urgent economic reform.

Motorists in Brisbane have voiced their frustration over the increasing trend of app-based parking payments, with some questioning the fairness of a system that seemingly excludes those without a smartphone.…

The Reserve Bank of Australia (RBA) has decided to keep interest rates at 3.6% in November, following a surprise inflation surge in the September quarter that has left economists rethinking…

Wealthy Australians are increasingly using family trusts to manage assets and lower tax burdens. But as their use rises, so does the complexity, with the Australian Taxation Office (ATO) warning…

New changes to Australia’s aged care system took effect on 1 November, significantly increasing costs for incoming residents. Those funding their own retirement could now pay thousands more each year…

Australia braces for a potential inflation shock, with rising housing costs accelerating inflation. Experts warn the economic situation could become uncomfortable.

A major Asian street food hub is set to open in Sydney’s north-west in 2026. The new precinct, spanning over 4,700 square meters.

In the wake of a tragic weekend on the roads, NSW has announced significant reforms to motorcycle safety. The new measures are designed to protect novice riders and prevent future…

A new government proposal could see speed limits slashed on rural roads across Australia, potentially making driving safer but slower.

The Australian Dollar continues to fall, pressured by global economic concerns and rising tensions between the U.S. and China, with no immediate signs of recovery.

A Tasmanian council's oversight led to its fleet of vehicles being left unregistered for an entire week. While the council acted swiftly to renew the registrations, the incident exposed serious…

Australia’s Reserve Bank is taking a measured approach as economic strength reshapes expectations for rate cuts. While inflation is easing, rising household spending and a buoyant property market suggest no…

The Aussie dollar is rising, but what does this mean for Australia’s economy? Will it bring lasting benefits or create new challenges?

Centrelink payments are increasing today, offering vital relief to millions of Australians amid growing cost-of-living challenges. For recipients of Age Pension, JobSeeker, and Youth Allowance, the increase will help ease…

As the RBA approaches its September decision, the fate of interest rates lies in the hands of Australia's employment data. Experts are watching closely as the latest numbers could either…

Australia’s pension system is pushing older workers into a financial paradox. Those trying to supplement their retirement by working part-time are being met with staggering penalties — in some cases,…

Income threshold updates coming into effect this month could expand Centrelink-related support for retirees through one of Australia’s key concession programs.

Jane Hume's new proposal seeks to address the gender imbalance in superannuation by allowing couples to split their savings tax-free. This initiative aims to help close the super gap, which…

Staff working on-site less than 50% of the time may face reduced bonuses or no salary increase, under new performance rules introduced by ANZ.

The inflation reading has introduced uncertainty into monetary policy forecasts, prompting analysts to reassess the timing of future rate adjustments.

As Australia faces one of the largest intergenerational wealth transfers in its history, a leading think tank has reignited debate over a potential inheritance tax targeting the country’s wealthiest citizens.

Division 296 is a proposed tax targeting high superannuation balances, with those exceeding $3 million facing new taxes. If you’re near or above that threshold, understanding how this tax works…

Aussie drivers have been hit with over $40,000 in fines in the first week of a new speed camera program. Despite the significant penalties, authorities report a sharp decline in…

Kia has recalled nearly 10,000 vehicles due to a dangerous engine defect that may cause stalling, oil leaks, and even fires. The issue affects popular models like the Cerato and…

Australia’s inflation has fallen to its lowest level in years, and economists are pointing to one number that changes everything. The Reserve Bank’s next move is now in sharp focus.

Superannuation funds have posted impressive double-digit returns in 2025, despite a volatile year. Some funds are leading the pack with remarkable growth.

Australians are seeing signs of improvement as inflation cools and spending rises, yet many are still grappling with high bills and soaring rents. While experts say the worst may be…

Toyota has issued a recall for almost 70,000 vehicles in Australia, including the popular RAV4 Hybrid and Corolla models. The recall addresses a serious issue with the digital instrument cluster,…

ChatGPT a dit : The RBA just defied nearly every forecast, holding rates steady when most expected a cut. Millions of borrowers were left hanging, and the reasoning may surprise you.

As the United States holds off on sweeping new import tariffs, Australia’s Productivity Commission is pushing for immediate action at home. Its latest findings reveal that many of the country’s…

Australia Post has confirmed a 20-cent hike in stamp prices, effective July 2025, following a steep decline in letter volumes. With digital communication on the rise, personal mail has all…

Major road rule changes across Australia, including AI-powered mobile phone detection and revised speed limits, will take effect on July 1, 2025, aiming to enhance road safety.

Bradfield, the new city in Western Sydney, is set to receive a massive $835 million boost for infrastructure development. This funding will support essential projects such as roads, fire services,…

The ATO is monitoring property, shares, and cryptocurrency transactions to detect discrepancies in capital gains reporting, using expanded access to financial and ownership data.

Australia's economy grew by just 0.2% in the first quarter of 2025, raising concerns about a potential per capita recession. With the economy struggling to keep up with population growth,…

A major update to Australia’s paid parental leave kicks in this July, offering more time and support for new parents. But not everyone will qualify !

A targeted tax on high-balance superannuation accounts has triggered national outrage and bold warnings. But behind the noise, deeper economic challenges—rising housing costs, tech infrastructure gaps, and a changing labour…

The RBA's recent decisions have sparked debate among analysts, with some viewing the rate cuts as a temporary measure amid evolving economic signals.

BNPL usage is rising across Australia, with more consumers relying on it for essentials like groceries—while late payments and financial stress continue to climb.

NAB has reduced interest rates on key savings accounts following the RBA’s cash rate cut, joining other major banks in trimming returns. The move signals a shifting landscape for Australian…

The Reserve Bank of Australia opted for a modest 25-basis-point rate cut after weighing more aggressive options, reflecting a strategic shift as global trade tensions and soft household spending challenge…

Australia’s biggest banks are acting fast after the RBA announced its latest rate cut. From mortgages to business lending, major shifts are already scheduled to take effect. Customers across sectors…

The RBA is set to cut interest rates for the first time in nearly two years. This move offers some relief but hints at bigger shifts ahead. The full impact…