Breaking News, World Updates & Headlines
Breaking News, World Updates & Headlines
Westpac survey results signal growing sense of ‘helplessness’ while Jim Chalmers faces growing pressure to rein in spendingConfidence among mortgaged households has crashed to its lowest level in more than three decades amid a growing sense of “helples…
Read MoreReserve Bank of Australia increases official cash rate to 4.85%, bringing it to highest level since 2008RBA interest rates live updates: Reserve Bank cash rate decisionGet our daily political email, free app or daily news podcastThe Reserve Bank govern…
Read MoreAustralia’s central bank expected to hit mortgage holders again on Tuesday, as war in Middle East combines with collapsing house pricesGet our breaking news email, free app or daily news podcastAustralia’s economy is set for a “sharper, longer slowdown…
Read MoreTreasury is revising all the numbers for the mid-year update as economists warn of a difficult six months aheadGet our new political email, free app or daily news podcastJim Chalmers has revealed December’s mid-year budget update will project weaker gr…
Read MoreIMF’s World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflationFollow our Australia politics live blog for latest updatesGet our breaking news email, free app or daily news podcastAn International Monetary…
Read MoreCentral bank estimates fewer than one in 100 borrowers owe more on their home than its worthFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank says households are well place…
Read MoreJim Chalmers says ‘higher global oil prices flowing through to oil prices in Australia’ are to blame for inflation rising from 3.5%Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastInflatio…
Read MoreWith RBA predicted to lift cash rate for fourth time this year on Tuesday, experts warn a fifth – or even sixth – rise would be ‘overkill’Get our new political email, free app or daily news podcastTwo or even three more Reserve Bank interest rate hikes…
Read MoreLatest data also shows unemployment at highest level since the pandemic, which analysts doubt will stop RBA hiking interest ratesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralian…
Read MoreSeventh intergenerational report also outlines how Australia is at cusp of an uncertain age of artificial intelligenceFollow our Australia news live blog for latest updatesGet our new political email, free app or daily news podcastThere will be more Au…
Read MoreWarning comes as forecast for nation’s economic growth downgraded amid concerns over rising debt and inflationFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe International Monetary Fu…
Read MoreGlobal oil price at its highest since May while investors dump stocks and bonds after Donald Trump’s $5,000 ‘dividend’ promiseFuel prices are on track to climb a further 20 to 30 cents over coming weeks as the escalating Middle East conflict pushed the…
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