Young women giving up on home ownership as costs rise
Young people, particularly women, are turning their backs on home ownership as up-front and ongoing costs combined with other pressures put it out of reach.
Young people, particularly women, are turning their backs on home ownership as up-front and ongoing costs combined with other pressures put it out of reach.
Donald Trump has broken the record for longest State of the Union speech as he claimed the US is "winning" under his leadership, even as his poll ratings slide.
A premier is bidding to bring the United States president to Australia, claiming his state has something Donald Trump wants and needs.
Almost half of Australians aged 18 to 29 are considering leaving cities for the regions, driven by the cost of living, work opportunities and lifestyle factors.
Fresh data will reveal whether the strong momentum in private spending, which spurred the Reserve Bank to lift interest rates, has continued into 2026.
Opposition MPs have grilled Reserve Bank officials over whether government spending and monetary policy errors contributed to the first rate hike in two years.
auto trends
automotive equipment
consumer goods
consumers
economy (general)
environmental issue
environmental pollution
finance (general)
road transport
transport
Australians are buying fewer cars that use fossil fuels alone as they shift allegiance to low-emission hybrid and electric models.
The Reserve Bank is widely tipped to become the first major central bank on Tuesday to U-turn from rate cuts to rate hikes in the post-COVID inflation era.
air pollution
economic organization
economic policy
economy (general)
energy
energy and resource
environmental issue
environmental politics
environmental pollution
pollution
regulatory policy and organisation
Australia could raise $35 billion a year by putting a price on pollution and help households and businesses by sharing the revenue, a report has found.
Hotter-than-expected inflation figures have convinced analysts the Reserve Bank will lift rates as soon as next week, heaping pressure on mortgage holders.
For their service to educational equity, economic development and public health, ex-politicians have been bestowed some of the nation's highest honours.
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.
computing and information technology
economic indicator
economy (general)
employee
employer
employment
software
unemployment
Fewer Australians are expected to seek fresh employment as the market becomes tighter and artificial intelligence technology creates uncertainty.
Australia's labour market remains tight, with limited spare capacity keeping pressure on already-high inflation and shortening the odds of interest rate hikes.
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.
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.
business (general)
computing and information technology
economy (general)
employee
employer
employment
report
research
technology (general)
Artificial intelligence is expected to transform employment even more in 2026, both in specialised roles and as an added skill in others.
A sharper-than-expected fall in inflation will encourage the Reserve Bank of Australia, but underlying price growth remains too hot for comfort.
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.
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.
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.
Lower energy rebates and higher housing costs than a year ago have propelled the headline inflation rate to its highest level in 16 months.
construction and property
economy (general)
housing and urban planning
inflation and deflation
interest rate
politics
An extraordinary rise in demand combined with constrained supply has created a boom in Australian home values and rents over the past five years.
business (general)
computing and information technology
economy (general)
internet
investments
politics
politics (general)
science and technology
software
Australia could squander billions of dollars in growth over the next decade if it fails to invest in homegrown artificial intelligence technology and talent.
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.
alternative energy
consumer issue - macro economics
economy (general)
energy
energy (general)
energy and resource
environmental issue
environmental politics
regulatory policy and organisation
renewable energy
Some households will get free access to electricity for three hours a day but questions have been raised about unintended consequences from the plan.
Protesters have disrupted a meeting held by one of Australia's largest coal mining companies but bigger challenges could come from global price fluctuations.
central bank
economic indicator
economy (general)
inflation and deflation
interest rate
mortgages
prices
All four major banks predict mortgage holders will have to wait until 2026 for rate relief after a larger-than expected inflation rise.
business (general)
business enterprises
computing and information technology
economy (general)
internet
it/computer sciences
productivity
research
technology (general)
Industry figures welcome news a national AI plan will be released before the end of the year, saying uncertainty on regulation spooks potential investors.