NZ government axes $7b in projects as forecasts worsen
New Zealand Finance Minister Nicola Willis says the previous government were "economic and fiscal vandals", revealing a worsening set of economic forecasts.
New Zealand Finance Minister Nicola Willis says the previous government were "economic and fiscal vandals", revealing a worsening set of economic forecasts.
Households in some parts of Australia are paying more than $27,000 a year for transport after costs in the industry rose again.
A record 53.5 million parcels were processed in November following the Black Friday Sales, with more than half of households nabbing a bargain online.
Professions likely to feel the early impact of artificial intelligence have been identified by a report that warns training must adapt to fit the technology.
Popular Carnival Australia lines Princess Cruises and Cunard will no longer sail from Melbourne in 2025-26 because of a jump in port fees and charges.
Ahead of a treasurers' meeting, Jim Chalmers says he will work with the states to ensure they get a fair share of goods and services tax revenue.
Australians are tipped to spend more than $6 billion on Black Friday bargains, providing a boost to retailers grappling with a slow year of sales.
Seven in every 10 Australian motorists are driving less to avoid rising fuel prices, a new survey shows, amid widespread support for new standards.
Federal Government representatives have joined the Multi-Employer Bargaining meeting for early childhood educators alongside the United Workers Union
Regional areas in the Sunshine State are now the most unaffordable places for renters to live, as affordable housing concerns spread beyond capital cities.
Three of Australia's biggest banks have hiked interest rates in response to the Reserve Bank's latest cash rate increase.
Australian borrowers could be hit with another interest rate hike at a closely run Melbourne Cup Day cash rate call.
The new iPhone model, government policies and unseasonably warm weather have all helped prop up retail sales ahead of a much-anticipated cash rate decision.
Economic activity, retail spending and business investment has catapulted Victoria to best performing economy in the nation but it faces stiff competition.
An expected rate hike on Melbourne Cup Day has impacted the number of homes going under the hammer, with clearance rates tipped to jump.
Russia's Vladimir Putin was prominent at a Beijing forum where President Xi Jinping criticised Western efforts to reduce dependence on the Chinese economy.
Households in regional and remote areas are benefiting most from faster broadband, which is also creating more jobs, according to a report.
Former competition watchdog chair Allan Fels is scrutinising the connection between corporate price setting and profits and current high inflation.
NSW Treasurer Daniel Mookhey's budget figures could be in jeopardy, with interest rate rises impacting inflation in the year ahead.
A large SUV can cost almost twice as much as a compact car to run, while people movers and all-terrain vehicles are the most expensive, a new study shows.
Housing unaffordability in Sydney is second only to Hong Kong, says a think tank boss who warns it is costing the city billions of dollars in lost productivity.
One state is expected to spend more than the rest of the country this Father's Day, but overall families are spending less due to cost-of-living pressures.
The latest agricultural commodities and crop forecast shows the sector remains strong despite drier times ahead, with exports tipped to fall after record years.
Australia risks an exodus of top athletes ahead of the Olympics as many buckle under financial pressures and consider quitting, survey results show.
Hefty profits reported this week by a trio of major Australian companies, including Qantas, are feeding into public debate about the rising cost of living.
Treasurer Jim Chalmers says headwinds in the Chinese economy are impacting Australia's economic growth.
Independent MP Allegra Spender has promised to keep tax reform front and centre of the national debate, accusing the major parties of playing politics.
The federal government's upcoming Intergenerational Report will show Australians will live longer, healthier lives even as demand for care services soars.
The treasurer has challenged the opposition and the Greens to pass new laws taxing offshore gas companies and bringing forward revenue to boost the budget.
Treasurer Jim Chalmers says Australia is one of the nations best-placed to respond to global economic headwinds, given the strength of its labour market.
Australian life expectancies will continue to hit an advanced age, with a key sector of the economy expected to grow as a result, a key report shows.