Yesterday
- Updated
- Interest rates
Chalmers resists RBA rates risks
Treasurer Jim Chalmers has resisted predictions from economists that strong inflation data will force the RBA to raise the cash rate up to two more times.
- Updated
- Michael Read
This Month
Virgin ground crew step towards strike for new pay deal
Ground crew could walk off the job by mid-November, with cabin crew and pilots not far behind them as pay talks sour at Virgin Australia.
- Updated
- Ayesha de Kretser
Voters were focused on cost of living, not Voice, survey reveals
Eight in 10 voters wanted the government focused on the cost of living at referendum time, while just one in 10 said the same of the Voice, the latest True Issues survey reveals.
- Phillip Coorey
This $3.8m sale shows the pressures on downsizers
In a low-stock market, vendors want longer settlements. But the rising cost of living means they’re also putting more money into super when they sell.
- Michael Bleby
‘Only buy stuff for our kids’: Families pull back on spending
Petrol prices are just one of the rising costs pushing cellist Hanna Oblikov to cut back on new clothes and eating out – and research shows she’s not alone.
- Euan Black
Gen Z the ‘canary in the coal mine’ on job losses
A sharp rise in the number of unemployed Gen Zers show the jobs market is softening, presenting a challenge for the RBA as it assesses the need for another interest rate rise.
- Michael Read
- Exclusive
- Funding
Digital debt collector counts benefits of a cost-of-living crisis
Perennial-backed InDebted has made its first acquisition since 2021 as a rise in people defaulting on payments sees it approach profitability for the first time.
- Tess Bennett
- Opinion
- Voice to parliament
Demographics explain how we voted on Saturday
The haves voted to share their wealth, the have-nots wanted someone to notice them, too.
- John Black
- Updated
- Interest rates
ASX, $A hit 11-month low as bond rout pressures RBA on rates
A surge in long-term bond yields has pushed the Australian dollar and the sharemarket to an 11-month low and may force the RBA to raise the cash rate.
- Michael Read
Government threatens to ‘name and shame’ childcare centres gouging
Margins in the sector are highly varied, with head office expenses and the cost of chains trying to grow chewing up large operators’ profits.
- Nick Bonyhady and Julie Hare
September
RBA squeezed by oil, spending, $A shocks
Households have drawn down on their bank account savings for the first time since 2007, as higher borrowing costs also squeeze retail spending.
- Updated
- John Kehoe and Simon Evans
Solomon Lew steps up Smiggle offshore expansion
Premier Investments’ strategic review of retail brands including Smiggle, Peter Alexander and Just Jeans will be finished by mid-2024.
- Simon Evans
Nearly 1.5m people want help paying their power bills
Tens of thousands of Australians are accessing hardship programs for their power bills, with more people struggling now than during the COVID-19 pandemic.
- Tom Rabe
- Opinion
- Voice to parliament
The numbers don’t lie, Labor’s honeymoon is over
Embattled voters are marking down the government on all fronts, regardless of effort or performance.
- Phillip Coorey
- Analysis
- NSW budget
The real challenge hiding in a low-key budget
The NSW budget’s promise of better service delivery is setting up a serious challenge for the new state government led by unassuming Chris Minns.
- Samantha Hutchinson
Minns wages policy to be put to test by unions asking 30pc
Budget papers have revealed NSW’s uncapped wages policy could blow out initial estimates of $46 billion as unions prepare to ask for hefty pay rises.
- Samantha Hutchinson
- Exclusive
- NSW budget
NSW uses fund for ‘transformative’ infrastructure for truck stops
A $1.5bn fund set up to build “once in a lifetime, transformative infrastructure” will be spent on regional roads, an aged care facility upgrade, and ambulance bases.
- Samantha Hutchinson
Mookhey cops ratings agency doubts about budget surplus pledge
Ratings agencies have poured doubt on NSW Treasurer Daniel Mookhey’s pledge to return NSW’s finances to surplus after his first budget revealed almost $8 billion to boost public sector wages and baked in expensive election promises.
- Updated
- Samantha Hutchinson
Big uni targets eroded as students vote with their feet
Education Minister Jason Clare’s ambition to double the number of people with a degree is in stark contrast to a trend of people choosing work or TAFE before university.
- Julie Hare
Australia Post bid for $1.50 stamps ‘a plot to kill letters’
Australia Post is seeking a 25 per cent increase in the price of basic stamps.
- Patrick Durkin
