While streaming autotuned, maybe even AI-generated music on the drive to work, today’s young workers face a brutal housing market, job insecurity and challenges few of us saw coming.
David Koch
Tax experts have warned more than 1.4 million Australians desperate for a cash refund that doing this could cost them significantly more money.
Cameron Micallef
Australia’s sharemarket has surged nearly two per cent amid Donald Trump’s latest announcement - marking its best week since early April.
Westpac’s view about the Reserve Bank’s future rate trajectory is the opposite of economists at HSBC and ANZ, who on Friday tipped the institution’s next move to be cuts.
Cheyanne Enciso
The European Central Bank announced a quarter-point rate hike on Thursday, bringing its key interest rate to 2.25 per cent as the Iran war continues to blow inflation off target.
Chloe Taylor
Poor productivity is bedevilling the Australian economy, with levels heading in the wrong direction for Treasurer Jim Chalmers.
Callum Godde
Anthropic CEO says governments should promise economic support for those financially impacted by AI — and that AI should be subject to rigorous regulation
Kaitlyn Huamani
Citi’s research team has cut its profit forecasts for all four major banks as it said proposed tax changes to housing will slow demand for loans.
Tom Richardson
Inflation has eroded wages in the United States for a second consecutive month, according to government statistics.
Staff Writers
Kmart Group is refurbishing two dozen more stores to a new format, and opening a new concept store for home goods near an Australian capital city.
Derek Rose
Hundreds of patients left waiting in hospital beds for federal government support have been thrown a lifeline by one state government.
Emma Kirk
Australians are facing some of the bleakest consumer sentiment in decades, leaving households increasingly pessimistic about what comes next.
Editorial
West Australians feel the worst about buying a house than the rest of the country, a new survey has revealed, as the State’s property prices continue their stubborn climb.
Cheyanne Enciso and Katina Curtis
Two of Australia’s major banks have announced new rates forecasts, as slowing GDP growth and cooling economic momentum shift the outlook.
Australians are more miserable now than they were during the Covid pandemic, as their budgets stretch further than ever.
Australian mortgage-holders are being warned the era of cheap credit is gone for good - with interest rates set to remain permanently higher in a post-Covid world.
Consumer and business sentiment surveys are the highlight of an otherwise quiet week on the economic front in Australia, as global turmoil casts a shadow.
Jacob Shteyman
Airlines trying to juggle huge fuel bills have been warned their per-passenger profits could fall by as much as 35 per cent this year.
Blair Jackson
Australia’s recession risk is rising as the national economy is hit with three economic shocks, and the worst may still be ahead.
A leading Labor minister has responded after New Zealand Prime Minister Christopher Luxon claimed the CGT was a ‘wrecking ball tax’.
Nathan Schmidt
WA’s chief business lobby group is calling on the Albanese Government to keep its fuel excise discount going beyond June 30, as cost of living pressures continue to hurt family budgets.
Joe Spagnolo
Anthony Albanese and his NZ counterpart have signed a new agreement, dismissing suggestions of hostility after a “cheeky” budget rivalry.
Ike Morris and Cameron Micallef
Anthony Albanese has admitted One Nation’s rise was a factor behind his government’s controversial backflip on key taxes in May’s budget.
Nathan Schmidt and Tia Clarkson-Pascoe