2.6 million minimum and award wage earners set for July 1 pay boost
The pay packets of 2.6 million workers are in line for a boost on July 1, with the workplace umpire…
RBA’s chief economist warns there’s still strength in inflation
There is “still strength” in the price pressures across the Australian economy, the Reserve Bank’s chief economist Sarah Hunter has…
Federal budget 2024: Chalmers unleashes billions more in spending despite improved inflation outlook
Billions of dollars of additional spending unveiled by Treasurer Jim Chalmers in Tuesday’s federal budget could risk stoking price pressures,…
Federal budget 2024-25 reveals optimistic inflation forecast
Inflation could return to the Reserve Bank’s target band by the end of 2024, Tuesday’s federal budget will show, a…
Interest rates, inflation: Reserve Bank bolsters inflation outlook as petrol costs, jobs market add to price pain
The Reserve Bank has dramatically hiked its near-term inflation forecasts, showing progress is expected to stall as soaring costs at…
Stage 3 tax cuts: Economists call for delay to tax cut relief
Sticking to the planned rollout of the Albanese government’s stage three tax cuts risks further fuelling inflation, making the RBA’s…
Federal budget 2024: Jim Chalmers’ second surplus all but assured
Treasurer Jim Chalmers is all but assured of delivering back-to-back surpluses, with new figures showing thumping revenue flows and tightened…
Inflation holds steady at 3.4 per cent in February buoying rate cut hopes
Inflation held steady last month, buoying hopes that the Reserve Bank can move to cut interest rates this year. Consumer…
ACTU backs 5pc pay hike for minimum wage earners
The ACTU will push for a pay hike of 5 per cent in the upcoming annual wage review, arguing that…