Robust jobs market risks adding fuel to inflation fire
Australia's labour market remains tight, with limited spare capacity keeping pressure on already-high inflation and shortening the odds of interest rate hikes.
Australia's labour market remains tight, with limited spare capacity keeping pressure on already-high inflation and shortening the odds of interest rate hikes.
Fewer Australians are expected to seek fresh employment as the market becomes tighter and artificial intelligence technology creates uncertainty.
All but one Australian capital has yielded annual growth in rents, but experts expect that city to be a star performer in the long-term.
A sharper-than-expected fall in inflation will encourage the Reserve Bank of Australia, but underlying price growth remains too hot for comfort.
Artificial intelligence is expected to transform employment even more in 2026, both in specialised roles and as an added skill in others.
President Donald Trump promises to rebuild Venezuela "in a very profitable way" after ordering its leader's capture but won't say how long US oversight will be.
A fresh survey of Australian consumer sentiment doesn't make for encouraging reading as the central bank weighs lifting the cash rate at its next meeting.
Iran's supreme leader has addressed protests sparked by the ailing economy, insisting "rioters must be put in their place" as the death toll rises to 10.
US President Donald Trump has delivered a partisan speech on TV seeking to pin the blame for economic challenges on Democrats.
To be able to afford rent for a typical house, Australians need to be earning 51 per cent more than they did before the pandemic.
Lower energy rebates and higher housing costs than a year ago have propelled the headline inflation rate to its highest level in 16 months.
A study has revealed Labor had inched ahead of the coalition on a key measure which handed Anthony Albanese a historic majority in federal parliament.
Despite inflation pummelling hopes of more interest rate cuts, Australians are spending as much as ever in major sales and increasingly using debt to do so.
Australia could squander billions of dollars in growth over the next decade if it fails to invest in homegrown artificial intelligence technology and talent.
An extraordinary rise in demand combined with constrained supply has created a boom in Australian home values and rents over the past five years.
The Australian economy's spare capacity will be key to deciding how many times the Reserve Bank can cut interest rates, a senior official says.
All four major banks predict mortgage holders will have to wait until 2026 for rate relief after a larger-than expected inflation rise.
Protesters have disrupted a meeting held by one of Australia's largest coal mining companies but bigger challenges could come from global price fluctuations.
Some households will get free access to electricity for three hours a day but questions have been raised about unintended consequences from the plan.
Industry figures welcome news a national AI plan will be released before the end of the year, saying uncertainty on regulation spooks potential investors.
The juice will be worth the squeeze for workers and businesses if Australia quickly and carefully forges on with artificial intelligence, industry figures say.
Indigenous businesses are continuing to grow as their goods and services are in high demand from government, corporate and non-profit organisations.
Lawmakers have voted to impeach Peruvian president Dina Boluarte amid widespread anger over a crime wave gripping the South American nation.
Japan's ruling party has elected hardline conservative Sanae Takaichi as its new leader, making her likely to become the country's first female prime minister.
An expanded government scheme to help first-home buyers clear the deposit hurdle could pour more fuel on the red-hot property market, housing experts warn.
Three times as many Australian workers are using artificial intelligence tools as last year but executives say they are not seeing transformational changes.
A big four bank has pushed back its forecast for the next Reserve Bank rate cut after Australia's headline inflation rate jumped in August.
The prime minister has declined to guarantee cheaper power bills for households under Australia's climate target, as experts say prices would remain stable.
Anthony Albanese is off on a whirlwind trip during which he will recognise Palestine's statehood at the UN and potentially meet with US President Donald Trump.
Almost one in every three NBN users will see their internet speed rise in the coming days but experts are warning consumers to check their hardware.
Australia's environment is delivering much more than the government invests in it and contributes 20 per cent of the nation's economic output, a report finds.