Economy

$1800 Fines, Even When No One’s Around? Queensland’s New Cameras Provoke Public Outrage

Queensland drivers are being hit with steep fines in roadwork zones—even when no workers are in sight. A discreet new cameras system is changing the rules of the road, and…

New Cameras Queensland

Fitch Joins S&P in Warning Over Australia’s AAA Credit Rating

Fitch has joined S&P Global in signaling that Australia’s top-tier credit status may face future strain. Both agencies warn that rising debt and prolonged deficits could undermine long-term fiscal stability.

The facade of a modern office building prominently displaying the S&P Global logo

Tax Returns Could Be Phased Out: ATO’s Vision For Data-Driven Compliance

The ATO is preparing for a radical shift that could eliminate tax returns altogether. A new system is on the horizon, where your taxes are automatically managed and simply confirmed.

A person filing out a tax return form on a laptop

Massive Product Recalls Hit Australian Retailers: Food, Drinks and Baby Goods Withdrawn

Major recalls hit Aussie retailers: baby gear, drinks and pantry staples pulled over safety risks. Find out what could be in your home.

Man pushing shopping cart filled with groceries

Australia’s Household Consumption Slumps Again as Spending Drought Deepens

Australia’s consumer engine is slowing, with household consumption falling again despite government relief. New data shows a cautious population tightening its grip on spending even as inflation eases. The downturn…

Australia household consumption

How the Albanese Government Plans to Reshape Australia in Its Second Term

With its second term secured, the Albanese government is preparing to implement a wave of ambitious policy reforms. From overhauling healthcare to addressing housing affordability, these changes aim to recalibrate…

Albanese government

Trump’s Energy Agenda Gets a Boost: Australian Giant Leads $27 Billion LNG Push

Woodside Energy has committed to a $27 billion LNG export terminal, aligning with Trump’s vision of US energy dominance. This Australian giant’s move is expected to boost American gas exports…

Woodside energy

Coalition Faces Electoral Crisis as Pollster Warns of Hostility Among Key Voter Groups

As the 2025 election nears, the Coalition is grappling with growing discontent among multicultural voters. According to a pollster, their hardline stance on immigration has led to a sharp decline…

Coalition housing immigration stance

What Are Australia’s Critical Minerals and Why Do They Matter to the World?

Australia’s critical minerals are foundational to a wide range of industries, from batteries to green energy. With the country holding significant reserves of these valuable resources, the question remains: how…

Australia minerals

Dutton Pledges to Increase Australia’s Defense Spending to 3% of GDP Within a Decade

Peter Dutton has committed to significantly increasing Australia's defense spending, aiming for 3% of GDP within a decade. He stresses that this boost is essential to counter rising global security…

Peter Dutton, the Australian Opposition Leader

Petrol Prices Drop Across Australia Ahead of Easter Getaway

Petrol prices are on the decline across Australia, with significant savings expected for motorists this Easter and Anzac Day. Cities like Sydney and Perth are already seeing some of the…

Oil prices decline with coins

Trade Tensions Hit Australian SMEs as Us Tariffs on Chinese Goods Escalate

Australian businesses are struggling as steep U.S. tariffs on Chinese-manufactured goods threaten their U.S. market presence. With rising trade barriers, companies like HeyDoodle and Sea Level must navigate new costs…

Australia and US trade SMEs

Labor’s Key Economic Proposals : $1,000 Tax Deduction and Affordable Homebuyer Plan

Labor's $1,000 Tax Deduction proposal simplifies financial relief for workers, while the Homebuyer Plan aims to make homeownership more accessible for young Australians. These measures target rising costs and housing…

Labor's Key Economic Proposals : $1,000 Tax Deduction and Affordable Homebuyer Plan

Housing vs. Tax Relief: Albanese and Dutton Reveal Rival $10bn Election Plans

As cost-of-living pressures mount, Australia’s major parties are making bold plays to win over voters. Labor is betting on a nationwide housing plan, while the Coalition offers direct tax relief.…

Anthony vs peter housing

Coalition Unveils Tax Deduction Scheme for First Home Buyers

The Coalition has unveiled a mortgage tax deduction plan that could save first home buyers up to $55,000, triggering a major policy face-off with Labor.

Mortgage Professionals to First Time Buyers

Amid Trade War Fallout, Australia’s Economy May Quietly Gain Ground

While fears of economic fallout grow amid a deepening rift between the US and China, one nation could quietly benefit. Australia’s unique trade position and stable alliances may shield it…

Australia trade

Potential Interest Rate Cut by RBA in May 2025 Amid Trade Tensions

The Reserve Bank of Australia (RBA) may implement a significant interest rate cut at its meeting on May 20, 2025, potentially reducing the cash rate to 3.85%. Experts predict a…

The Reserve Bank of Australia (RBA)

Trump Threatens New Tariffs on Pharmaceuticals, Major Blow to Australia’s Export Sector

President Donald Trump's recent announcement regarding new tariffs on pharmaceuticals has sparked widespread concern over potential economic implications for Australia's healthcare sector.

Trump Threatens New Tariffs on Pharmaceuticals, Major Blow to Australia’s Export Sector

Calls Mount for RBA to Cut Rates Now as American Tariffs Batter the Global Economy

Pressure is mounting on the RBA to cut interest rates by 50 basis points at its May meeting. Growing concerns over global financial instability and US tariffs are fueling calls…

Calls Mount for RBA to Cut Rates Now as American Tariffs Batter the Global Economy

Australia Hit Hardest by US Tariffs — Interest Rate Cuts Won’t Save Everyone

The US tariffs are having a profound impact on Australia, affecting markets and specific industries like beef production. Despite plans for interest rate cuts by the Reserve Bank of Australia,…

Australia US tariffs

Centrelink Announces Major Payment Changes for Millions of Aussies During Easter and Anzac Day – Get Paid on Time

With Good Friday, Easter Monday, and Anzac Day falling in quick succession, recipients are urged to pay close attention to upcoming changes in payment schedules and reporting dates.

centrelink payment

Victoria’s Bold Move: 30km/h Speed Limits Could Become the New Normal

Victoria is considering a dramatic reduction of speed limits to 30km/h in high-traffic areas, sparking heated debates about safety versus inconvenience.

Victoria’s Bold Move 30kmh Speed Limits Could Become the New Normal

US Border Control Tightens: Australian Travelers Face Risks of Device Searches

The US has ramped up inspections of electronic devices for foreign travelers, with many Australians facing heightened scrutiny at the border.

Australian travelers

Australian Dollar in Freefall as Wall Street Crashes – Is a Global Slowdown Imminent?

The Australian dollar has taken a severe hit, reaching levels not seen in five years, sparking concerns about the broader impact on the global economy.

Australian dollar

How Smart Borrowers Can Maximize Savings with Upcoming Rate Cuts

Savvy borrowers are seizing the opportunity to refinance and maximize savings as rate cuts continue. Data shows a growing trend of borrowers switching lenders for better value and lower repayments.

How Smart Borrowers Can Maximize Savings with Upcoming Rate Cuts

Australian Shoppers Face Higher Easter Egg Prices Due to Shrinkflation

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

Egg Prices Due to Shrinkflation

Star Entertainment’s Future Hinges on Potential US Buyer

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…

Star Entertainment

ACTU Pushes for a 4.5% Pay Rise for Low-Paid Workers Amid Cost-Of-Living Crisis

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.

ACTU

RBA Keeps Cash Rate at 4.10% After First Rate Cut in 4 Years

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 Reserve Bank of Australia (RBA)

Trump Slaps New Tariffs on Imports — Australia Among Dozens Hit With 10% Trade Charge

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…

Trump's Tariffs

All RBA Warning Lights Flash as Trump Tariffs Rattle Financial Stability Outlook

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…

RBA tariffs

Prime Minister Albanese Pledges Pay Rise for Low-Paid Workers in Australia

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…

Prime Minister Albanese

Peter Dutton Signals Tougher Stance on Donald Trump Over Looming US Tariffs

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.

Peter Dutton Signals Tougher Stance on Donald Trump Over Looming Us Tariffs

Australia Faces 10% Tariffs on Agricultural Exports as Trump Targets $7 Billion Industry

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…

Trump's Tariffs

RBA Maintains 4.1% Cash Rate Amid Inflation Concerns

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.

RBA

Labor’s Promise to Outlaw Supermarket Price Gouging Despite Inquiry’s Findings

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 Promise to Outlaw Supermarket Price Gouging Despite Inquiry’s Findings

ACCC to Lead Effort Against Supermarket Price Gouging Under Labor’s New Proposal

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…

ACCC prices

ASX 200 Ends Week in the Green as Financials Lead Amid Budget and Election Developments

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.

Asx

Australians Turn to Backyard Chickens to Tackle Soaring Egg Prices

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.

Egg tray

Are Australians Paying Too Much for Petrol? Global Comparisons Tell a Complex Story

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.

Are Australians Paying Too Much for Petrol? Global Comparisons Tell a Complex Story

Major Supermarkets Issue Urgent Recall Over Health Risk Warning

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.

Person Pushing Cart in a Supermarket

Coalition Vows to Undo Labor’s Budget Tax Cut and Temporarily Halve the Fuel Excise

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…

Coalition Vows to Undo Labor’s Budget Tax Cut and Temporarily Halve the Fuel Excise

Dutton Takes Centre Stage with Petrol Tax Cuts Amid Coalition Struggles

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…

Peter dutton fuel

Fuel Tax Halved Under Coalition Plan, Saving Drivers $700 a Year

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…

Peter Dutton tax

Australia’s Inflation Eases, Sparking Hopes for Rate Cuts and Election Victory

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…

Australia inflation

Tax Cuts on the Table: Labor Forces Coalition Into Corner Ahead of Election

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…

Jim chalmers tax

Illegal Tobacco Trade Slashes Australian Budget by $6.9 Billion

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.

Illegal Tobacco Trade

Chalmers Faces the Challenge of a Decade of Deficits in New Federal Budget

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.

Jim Chalmers

New Speed Camera Rules to Target All Drivers from May – Warnings and Fines Incoming

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

New Speed Camera Rules to Target All Drivers from May – Warnings and Fines Incoming

Jobseeker Payments Wrongfully Cut for Over 10,000 Australians, Says Government

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.

Centrelink jobseekers
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