Inflation slows ahead of crunch interest rates decision
Inflation has moderated again and released some pressure from the valve underpinning more interest rises from the Reserve Bank.
Inflation has moderated again and released some pressure from the valve underpinning more interest rises from the Reserve Bank.
The Senate inquiry into regional bank closures has heard from more than 150 rural Australians about the devastating effects of losing essential services.
Experts have released guidelines on using artificial intelligence with opinion divided on whether the technology will kill jobs or accelerate the economy.
Motorists have been warned to shop around early to avoid paying above $2 a litre at the pump in the lead up to Easter long weekend.
The local share market has finished up just 0.1 per cent, with oil producers and coalminers dropping as Labor and the Greens reached accord on a climate deal.
Spiralling living costs and rising interest rates have kept discretionary spending subdued, new retail data shows.
Consumer finance company Latitude Group says 14 million Australian and NZ customers had their records compromised in the hack on its systems.
The consumer watchdog has blamed the cost of diesel remaining significantly higher than the cost of regular petrol partly on Russia's invasion of Ukraine.
Voluntary administrators have been appointed to the co-owners of the issue-plagued Callide C coal-fired power station in central Queensland.
The deadline to submit supporting documentation for HomeBuilder applications will be extended for those affected by supply constraints and construction delays.
The opening stage of Queensland's Second M1 has been launched with work to begin on the 16-kilometre first stage on the Gold Coast.
Private sector activity is softening as rising interest rates, high inflation and softer economic conditions erode demand.
The of TikTok has faced tough questions at a US congressional hearing over concerns about data security and harmful content on the app.
The US central bank have raised the country's key interest rate by 25 basis points to 4.75-5.00 per cent range.
The Greens and key crossbenchers are not convinced the Albanese government's social housing fund will do enough to ease Australia's worsening housing crisis.
The treasurer has outlined eight areas of "heavy lifting" for the budget, including responsible cost of living relief and funding defence priorities.
Leading indicators for Australia's future growth are still signalling depressed activity in coming months as interest rate rises bite.
The minutes from the central bank's board meeting suggest the bank is getting closer to a pause so it can assess the full impact of sharp interest rate hikes.
UBS will pay $A4.8 billion for 167-year-old Credit Suisse in a deal backed by a massive Swiss guarantee and expected to close by the end of the year.
A senior Reserve Bank official says the prevalence of fixed-rate loans and sizeable savings buffers are likely extending the lag time of interest rate hikes.
Further insights into the March cash rate hike in the minutes from the Reserve Bank board meeting dominate the economic discourse this week.
The OECD has slightly downgraded its forecasts for Australia's growth in its latest look at how the global economy is faring.
As the government works its way through a 1000-page report on productivity, debate has been sparked over home sellers disclosing climate risk.
Climate technology is surviving the venture capital downturn as more consumers and businesses think about what will shrink their carbon footprint.
Queensland's energy minister has hosed down concerns about a "sun tax" on homeowners for feeding solar power back to the grid, as has been proposed in NSW.
Climate policy, the migration system, workplace laws and health and education systems have been earmarked for reform under a review of Australia's productivity.
Latitude Financial has been hit by a cyber attack, with criminals stealing 330,000 customer records and identification documents, forcing a trading halt.
Treasurer Jim Chalmers says Australia is slipping down global productivity rankings - and there's no easy fix for the problem.
The ASX has finished 1.5 per cent lower after banking contagion spread to Europe.
The combined impact of high inflation, rising interest rates and slowing consumer demand are taking a toll on Australian businesses, especially smaller ones.
Fresh labour market data shows few signs of a slowing jobs market, with one vacant position for every unemployed worker.