Cyclone Alfred Economic Cost Could Reach 1 Billion Dollars per Day
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 Near ASX Investing Limits, Shifting Focus Overseas
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 Rises Again – But Growth Slows in Key Areas
Australia’s household spending rose for the fourth consecutive month, but slowing annual growth suggests consumers are becoming more cautious with their purchases.
Australia Had the Chance to Be the Richest—Here’s Why It Failed
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…
Australia’s Inflation Eases, but Is the Economic Recovery Real?
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 Hidden Impact of a US Trade War on Australians From Shopping to Superannuation
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.
Albanese Confirms Alfred Will Have Lasting Economic Effects
Businesses are closing, workers are stranded, and the government is bracing for the economic fallout of ex-tropical cyclone Alfred. Albanese confirms urgent recovery efforts are underway.
Global Markets Shaken as Trump’s Tariff Policies Continue to Create Uncertainty
Uncertainty over President Trump’s shifting tariff policies has led to significant stock market declines. Experts warn of potential long-term economic consequences.
Australia’s Mineral Wealth Positions It as a Key Player in the Global Energy Transition
Australia strengthens its global lead in critical minerals with vast reserves and rising investment, shaping the future of key industries.
Albanese Shifts Election Timeline, Pushing Ahead With Key Budget
An April election was widely expected—until Cyclone Alfred threw the government’s plans into disarray. Now, Albanese has confirmed a major shift in timing, with the budget remaining the priority. How…
GDP on the Rise: Australia’s Economy Expands, Reversing Nearly Two Years of Decline
Australia’s economy has emerged from a prolonged per capita recession, marking a major shift in growth trends. New data reveals GDP is now rising faster than the population, boosting real…
Brisbane in Lockdown as Cyclone Alfred Brings Severe Storms
Brisbane braces for Cyclone Alfred as schools shut and transport halts. Extreme weather looms, with authorities urging caution.
Why do Australian women still earn less than men? New report breaks it down
New data exposes a persistent gender pay gap in Australia, with women earning significantly less than men. Key figures and causes revealed.
Australia’s Looming Gas Crisis Fuels Major Political Clash
Australia’s gas battle intensifies as the Coalition pushes for fast-track approvals, while Labor warns of environmental and legal risks ahead.
Australia’s Economy Just Doubled Its Growth Pace, but Is Your Wallet Feeling It?
Australia’s economy just picked up speed, doubling its growth pace in the final quarter. With the RBA treading carefully on rate cuts, the real impact on inflation and consumer spending…
Slow but Steady: Is Australia’s Economy Truly on the Path to Recovery?
Australia’s economy shows signs of recovery, but low productivity and investment raise concerns. The RBA remains cautious on rate cuts.
Supermarket Recalls Popular Lunch Item Over Undeclared Allergen Risk
A widely sold ready-to-eat sandwich has been recalled by a supermarket chain across Victoria due to undeclared milk, posing a risk to those with allergies.
Mortgage vs Rent: Which Australian Cities Offer the Best Value in 2025?
Housing affordability varies significantly across Australia. While some cities make renting the smarter choice, others show surprising mortgage advantages for buyers.
Major Australian Fashion Retailer Collapses, Shuttering 185 Stores and Cutting 1,000 Jobs
A well-known Australian fashion retailer has collapsed, forcing the closure of 185 stores nationwide and leaving over 1,000 employees affected.
Australian Pensioners Set to Become Some of the World’s Wealthiest
Australia’s retirees are on the brink of an unexpected financial transformation, with their wealth quietly outpacing global expectations. The shift is already underway.
Australia’s Inflation Steady at 2.5% as Core Inflation Creeps Up
January's inflation figures show stability at 2.5%, yet a closer look reveals a subtle shift in underlying price pressures. The Reserve Bank of Australia recently moved on interest rates, reflecting…
Historic first strike in 150 years shakes Melbourne’s Queen Victoria Market
For the first time in history, Queen Victoria Market traders have gone on strike, protesting unexpected fee hikes and financial pressures. As stallholders stand their ground, the future of Melbourne’s…
Why Wealth Inheritance Is Shaping Australia’s Economy More than Hard Work
Generational wealth is becoming a key factor in financial security, but not everyone has access. As private wealth grows, so does the divide.
RBA Governor Michele Bullock Warns: High Prices Are Here to Stay Despite Cooling Inflation
RBA governor Michele Bullock cautions that while inflation is easing, prices won’t return to past levels. With interest rate cuts and global uncertainties ahead, what’s next for Australia’s economy?
Anthony Albanese’s £8 Billion Plan to Expand Free GP Visits Across Australia
Anthony Albanese unveils a bold £8.5 billion plan to expand free GP visits, aiming to boost bulk-billing rates to 90%. How will this reshape healthcare access in Australia?
The Hidden Costs of Australia’s Mortgage Refinancing Frenzy You Need to Know
Many Australian homeowners are rushing to refinance after the recent interest rate cut, hoping for lower repayments. However, hidden costs such as discharge fees, government charges, and mortgage insurance can…
RBA Moves Early on Rate Cuts to Avoid Past Mistakes, Says Governor Bullock
After a series of rapid rate hikes, the RBA has made its first cut, but not everyone agrees with the timing. Governor Bullock says the central bank wants to avoid…
ASX 200 Tumbles for Fifth Straight Session as Banks and Consumer Stocks Slide
The ASX 200 extends its losing streak, dragged down by financial and consumer stocks. Investors react sharply to earnings surprises—what's driving the market downturn?
Trump’s Aluminium Tariffs: A Major Threat to Australia’s Manufacturing Sector
Australia's $18 billion aluminium sector faces disruption as US President Donald Trump proposes a 25% tariff on imports. This decision could shake global trade flows, particularly impacting Australian manufacturers who…
RBA’s First Rate Cut in Years: What It Signals for Australia’s Economy
After a series of aggressive hikes, the RBA has reversed course, cutting the cash rate to 4.1% as inflation slows. The move marks a turning point in Australia’s economic landscape,…
Commonwealth Bank Smashes Profit Expectations—What It Means for Your Money
Australia’s biggest bank just posted a $5.13 billion profit, beating market expectations. Despite economic uncertainty, home loans are growing, dividends are rising, and rate cuts could shake things up. Some…
RBA Expected to Cut Interest Rates as Inflation Eases
Economists anticipate the RBA's first interest rate cut of 2025, potentially easing mortgage pressures as inflation trends downward.
Australia’s Crucial Trade Battle: Albanese’s Bold Move to Avoid Trump’s Tariffs
Australia is on the brink of a trade crisis as Prime Minister Albanese weighs the risks of a bold diplomatic move to save key exporters from Trump's looming tariffs. Despite…
How Australia’s Trade Surplus Could Lead to a Tariff Break from Trump
US President Donald Trump has hinted at granting Australia an exemption from his 25% steel tariffs, thanks to the country’s rare trade surplus with the US. Australia’s strong export relationship,…
Australia Seeks Exemption from US Tariff amid Growing Political Tensions
Australia pushes for a US tariff exemption on steel and aluminium as political tensions flare over diplomatic ties with Washington.
Australia’s Inflation Drops, but Will the RBA Cut Interest Rates?
After 15 months at 4.35 per cent, Australia’s cash rate could be poised for a long-awaited cut. Inflation has eased, but the RBA remains cautious, watching underlying trends closely. Homeowners…
Maningrida Residents Struggle as Food Prices Soar—Can Local Solutions Help?
In the remote community of Maningrida, food costs are rising faster than residents can afford, pushing families to the brink. With malnourishment increasing and local stores struggling with freight costs,…
Political Donation Cap Jumps to $50K in Late-Night Election Funding Deal
Australia is introducing its first-ever federal donation and spending caps after a last-minute agreement between Labor and the Coalition. The deal lifts contribution limits and increases the disclosure threshold, sparking…
Australian Government to Cap Grocery Prices in Remote Communities to City Levels
Remote Australians are paying double for groceries while city prices stay low. The government is stepping in with a bold new plan to cap essential items. Some staples will see…
Australian Government Announces £573 Million Investment in Women’s Health
The Australian government is making a significant move to improve women’s health, with new subsidies set to ease financial barriers for essential treatments.
Inflation Shock: The Unexpected Winners and Losers of Rising Prices
Official figures show inflation easing, yet the cost of living remains stubbornly high. Mortgage repayments are surging, grocery bills haven’t budged, and paychecks still feel tight. Politicians claim victory over…
S&P Issues Stark Warning: Australian States Must Tackle Rising Debt
Despite receiving $150 billion more in revenue than expected, Australian states have significantly overspent, raising alarms from S&P Global. The agency warns that poor fiscal discipline could lead to further…
Tariffs Imposed by US President Shake Markets as ASX Plunges – What It Means for Australia
A shockwave has hit financial markets as Trump’s tariffs spark a massive sell-off, dragging the ASX 200 to its worst loss in months. Investors are pulling out of stocks, the…
Peter Dutton’s Spending Cuts Remain Unclear Before the Election
Peter Dutton promises to cut public spending and reshape Australia's energy future, but key details remain undisclosed until after the election.
Jim Chalmers Declares Worst of Inflation Battle ‘Well and Truly Behind Us’
Australia’s inflation rate has fallen within the RBA’s target range, raising hopes for potential interest rate cuts. As the government touts economic progress, the political and financial implications remain significant.
ATO’s Warning to Australians: Overdue Tax Returns Could Cost You $1,650
Overdue on your tax return? The Australian Taxation Office (ATO) isn’t waiting around. Recent reports reveal calls, voicemails, and penalties targeting specific taxpayers.
Major Warning for Mortgage Holders as RBA Prepares for Interest Rate Cuts
Big changes are coming for mortgage holders as the Reserve Bank inches closer to interest rate cuts. Savings sound great—but is there more to the story? How much could you…
£10,000 Incentive Announced for Apprentices to Tackle Australia’s Housing Crisis
In a bold move to address Australia's housing shortage, Prime Minister Anthony Albanese has revealed a £10,000 financial incentive for apprentices in residential construction. The initiative aims to build a…
Staggering Reliance on Interest Rate Relief by Australian Households
Nearly three-quarters of Australian households are relying on an interest rate cut to manage rising mortgage costs. The Reserve Bank's upcoming decision could be crucial for financial relief.
How Green Aluminium Could Transform Australia’s Economy and Climate Goals
Australia’s $2 billion plan to support green aluminium production aims to revolutionize the industry by transitioning smelters to renewable energy. Praised by environmentalists and business leaders, the initiative also faces…
