Pressure rises on borrowers as RBA weighs up rate call
Australia's central bank board is tipped to leave interest rates untouched, but the pain for borrowers is not going away.
Australia's central bank board is tipped to leave interest rates untouched, but the pain for borrowers is not going away.
Proposed changes to workplace relations laws have unleashed a wave of criticism from employer groups which are warning of increased complexity.
Proposed changes to workplace relations laws have angered employer groups, as the federal government warns bosses against using loopholes to undercut pay.
The mining industry has warned the prime minister against taking the sector for granted and pushing investment elsewhere with "extreme" workplace laws.
Inflation is tracking in the right direction and is expected to embolden the Reserve Bank to keep interest rates on hold in September.
Inflation is tracking in the right direction and is expected to embolden the Reserve Bank to keep interest rates on hold in September.
It will cost employers more to pay workers fairly, the workplace relations minister says, but it is not expected to massively push up costs for consumers.
Interest rates will stay unchanged at 4.1 per cent in September after outgoing RBA chief Philip Lowe's final cash rate decision.
The head of the consumer watchdog wants Qantas to face a fine of $250 million if a cancelled tickets case against it is successful.
Investor lending has jumped in Queensland but fallen in most other key states, with strong property price growth also reported in the state's capital.
Cooler than expected inflation might have lowered the odds of an RBA rate hike, but an economist warns the price of one major item could soon rise.
Business groups have lashed out at "radical" reforms that will grant minimum pay rights to gig workers, claiming the government's proposals will drive up costs.
Qantas has scrapped the expiration date for nearly $500 million in flight credits but faces more public backlash with a watchdog taking the airline to court.
Australia Post has renewed a plea to update its charter after the government-owned enterprise lost $384 million delivering letters in the past financial year.
Home values have risen for the sixth month in a row, with CoreLogic's latest index showing a 0.8 per cent lift in August.
The government will face a push to reveal documents pertaining to the decision to block Qatar Airways from flying extra routes after being lobbied by Qantas.
A pause on interest rate hikes has failed to substantially lift consumer spirits with a key index remaining below levels seen during COVID-19 lockdowns.
The Women's World Cup has boosted spending on catering and takeaway food following a flat end-of-year sales period for retailers.
BRICS developing nations have invited six countries to join the bloc, promising to rebalance world bodies dominated by the US and other wealthy Western states.
Australians 40 years from now will live longer and have fewer children while the country's economy becomes greener, a landmark reports shows.
Dreamworld's parent company has settled a shareholder lawsuit that claimed losses following the deadly accident at the Gold Coast theme park in 2016.
Climate change and the transition to a net-zero economy lies at the heart of the Intergenerational Report released by the Albanese government.
The leaders of the BRICS bloc have agreed to encourage more local currency usage in trade as they seek to shift away from dependence on the US dollar.
Despite Qantas posting a record profit, Treasurer Jim Chalmers says the airline should not have to pay back money it received during the height of the pandemic.
Pilbara Minerals reports a 326 per cent surge in net profit to $2.4 billion as the world rapidly electrifies and demands a secure supply of sustainable lithium.
Mounting economic headwinds in China, where growth is slowing, will have major ramifications for Australia, Treasurer Jim Chalmers has warned.
Virgin Australia's chief executive has spoken out against the federal government after it rejected Qatar Airways' bid for more flights to Australia.
A speech by the incoming Reserve Bank boss and a wealth of data will provide rich insight into the state of the Australian economy.
The Women's World Cup has boosted sales along with a jump in spending on catering and takeaway food following a flat end-of-year sales period for retailers.
BRICS leaders are weighing expansion criteria with the bloc's future in the balance as Vladimir Putin uses their summit to justify Russia's war in Ukraine
As Treasurer Jim Chalmers prepares to release a report on Australia's long-term challenges, he has flagged China's economic success as a key factor.