Australian Economy

All the changes coming on July 1, 2024

The start of the new financial year is just around the corner, and as always… Read More

Elizabeth Bay residents object to $230m Fortis development

Residents in one of Australia’s richest suburbs are up in arms about a proposed $230m… Read More

‘Critical’: Warning over a looming crisis as Australia’s population surges

Australia’s population is growing at an “eye-watering” pace of 13,148 people per week, with immigration… Read More

Reserve Bank governor Michele Bullock before senate estimates

A rebound in inflation or stickier than anticipated price pressures could force the RBA to… Read More

National accounts: Australian economy expands by just 0.1 per cent.

Australia’s GDP growth was brought to a near-standstill in the first three months of 2024,… Read More

ABS current account: Weaker GDP growth expected after current account swings into deficit

Soaring imports for consumer goods like clothes, footwear and medicines, coupled with declining prices for… Read More

ABS announces inflation data for April higher at 3.6pc

Inflation re-accelerated last month, compounding the challenge the Reserve Bank faces in taming simmering price… Read More

Rental, housing costs: Housing crisis commission hears from youth

Australia is confronting a bleak future in which only those lucky enough to inherit “generational… Read More

AEMO warns of blackouts in 10-year energy forecast

Millions of Australians face the risk of electricity blackouts without the “urgent” delivery of greater… Read More

Oil and gas company Santos to cut 200 jobs

South Australian oil and gas giant Santos is cutting 200 jobs, blaming a delay in… Read More