Economy

Easter chocolate eggs in Australia are getting smaller as shrinkflation drives prices up, with some products increasing by 33%.

Star Entertainment is facing a critical financial situation, with its survival depending on a potential acquisition by Bally's Corporation. The company's cash reserves are dwindling, adding urgency to its need…

The ACTU argues that a 4.5% wage increase is crucial for low-paid workers to combat inflation and rising living costs. Employer groups, however, are advocating for a more modest increase.

The RBA has decided to hold the official cash rate at 4.10%, signaling caution in the face of economic uncertainties. This decision comes after the first rate cut in over…

The United States is rolling out a new set of import tariffs under Donald Trump’s revived trade policy. While some nations face steep charges of nearly 50%, Australia has been…

The Reserve Bank of Australia had just flagged its top financial vulnerabilities—then Trump made his move. A sweeping tariff announcement has jolted markets and raised concerns that the risks the…

Prime Minister Anthony Albanese has pledged to raise wages for low-paid workers, focusing on essential sectors like early childhood education and aged care. This promise aims to tackle wage inequality…

Peter Dutton is drawing a sharper line on trade diplomacy as tensions with the US escalate. His remarks suggest a readiness to challenge allies when national interests are at stake.

The Trump administration plans to impose tariffs on Australian agricultural exports, including beef and sheep meat, after trade talks stalled. This move could impact a $7 billion industry, with Australian…

The RBA has held the cash rate at 4.1%, opting for caution amid lingering inflation risks. Markets now look to May for a possible shift in direction.

Labor’s proposal to tackle supermarket pricing comes after an inquiry found no evidence of price gouging, despite public concerns. The government’s plan aims to introduce stricter regulations to protect consumers.

Labor’s proposal to tackle supermarket price gouging puts the ACCC at the forefront of a new regulatory push. As inflation continues to hit consumers, the government is exploring ways to…

Financial stocks powered the ASX 200 higher this week as investors responded to budget tax cuts and fresh momentum from Australia’s federal election call.

With egg prices climbing fast, more Australians are setting up backyard chicken coops—seeking not just savings, but food security and a more sustainable way of living.

As petrol prices squeeze household budgets, a new debate has emerged over whether Australians are paying more than they should—global comparisons reveal a surprising truth.

Several major supermarkets across Australia have issued an urgent recall following a public health alert—shoppers are being urged to check their recent purchases immediately.

The Coalition's proposal to halve the fuel excise for one year aims to provide immediate relief to Australians, replacing Labor’s planned tax cuts. Critics have raised concerns over the long-term…

Peter Dutton’s budget reply centres on a bold plan to halve the federal petrol excise for a year, costing the government an estimated $6 billion. While the proposal is a…

The Coalition is betting big on a tax cut that could hit households fast. Fuel prices are in the spotlight, and a new plan aims to ease the strain. With…

Australia’s latest inflation data reveals a positive trend that could ease the financial burden on homeowners, with potential interest rate cuts on the horizon. This shift provides a timely boost…

Labor is set to bring its controversial tax cuts to a swift vote in Parliament, challenging the Coalition to react before the election. The tax cuts, worth $17.1 billion over…

Illegal tobacco is eating into Australia's federal revenue, costing billions in lost excise. Authorities are stepping up enforcement as black market sales continue to rise.

With the threat of increased tariffs looming, particularly under United States President Donald Trump’s administration, Chalmers is focused on building Australia's capacity to withstand external shocks.

Drivers are being warned about a major speed camera change rolling out in weeks—one that could catch far more motorists than expected.

Over 10,000 Jobseeker recipients could be impacted by payment cuts that breached legal protocols. The Department of Employment has paused the system pending multiple investigations.

Amid growing concerns over bracket creep and rising tax burdens, Treasurer Jim Chalmers has firmly dismissed calls for additional income tax cuts. He insists that the government's current economic agenda,…

The U.S. beef industry has criticized Australia’s trade practices, citing a long-standing ban on uncooked U.S. beef and a growing trade deficit. Tensions rise as tariffs and trade reforms loom.

Dr. Jim Chalmers warned that the indirect effects of rising trade tensions are more concerning than the immediate impact of the tariffs. Australia's strategy aims for resilience, not retaliation, amid…

In the midst of mounting tensions over US tariffs, Australia’s Trade Minister, Don Farrell, is aiming to secure a deal that President Trump cannot refuse. With steel and aluminium exports…

Despite recent forecasts indicating economic challenges, the Australian Dollar continues to face downward pressure. Goldman Sachs points to a mix of US policy shifts, trade tensions with China, and domestic…

COSOBA and AiG are urging the government to take immediate action to support businesses facing rising costs and inflation. Without intervention, they warn of long-term economic instability.

The 2005 US-Australia Free Trade Agreement promised economic growth for both countries, but its outcomes tell a different story. While Australia was expected to benefit, it quickly became clear that…

A raging bushfire in Melbourne’s east has destroyed homes and forced evacuations, with firefighters racing to contain the fast-moving blaze as changing winds threaten to make conditions worse.

The Australia-US Free Trade Agreement promised economic gains, but evidence suggests it favored the US, sparking debate over its true impact.

ASIC has taken legal action against FIIG Securities, alleging that the company’s inadequate cybersecurity measures led to a significant data breach. The breach exposed sensitive information of around 18,000 clients.

The Trump administration's sweeping suspension of US research grants has raised alarms in Australian universities. Researchers are now being asked to disclose details about their foreign funding and political affiliations.…

With tax time approaching, small businesses are urged to review their financial records and seek professional advice. The ATO’s proactive approach aims to ensure compliance and promote good business practices.

Australian Border Force has seized 1.3 billion illegal cigarettes in just six months, highlighting the scale of the illicit tobacco trade. Authorities warn that criminal networks are using the profits…

Australia condemns new US tariffs on steel and aluminium, warning they could harm economic ties and escalate the US-Australia trade dispute.

Australia's hopes for a steel and aluminum tariff exemption from Trump have been dashed. The White House's latest decision is a blow to long-standing trade relations.

The economic impact of Cyclone Alfred is unfolding rapidly, with businesses shut down, infrastructure damaged, and insurance claims surging. Costs are expected to climb into the billions as recovery efforts…

Australia’s biggest super funds are nearing their ASX investing limits, prompting a shift toward global markets to maintain strong returns for members.

Australia’s household spending rose for the fourth consecutive month, but slowing annual growth suggests consumers are becoming more cautious with their purchases.

Despite exporting vast amounts of coal, gas, and minerals, Australia’s economy has failed to deliver lasting prosperity to its citizens. Unlike Norway, which built a sovereign wealth fund to secure…

Inflation is falling, real wages are rising, and Australia has avoided a recession. Yet, not everyone is convinced the economy is on solid ground. Shadow Treasurer Angus Taylor warns of…

The US Trade War is sending shockwaves through the global economy, and Australians could soon feel the impact. From rising prices to superannuation volatility, the effects may be unavoidable.

Uncertainty over President Trump’s shifting tariff policies has led to significant stock market declines. Experts warn of potential long-term economic consequences.