As dollar dips towards 60c, tariff threat may Trump all
The Aussie dollar is edging closer to the psychologically significant 60 US cents barrier and Donald Trump could determine whether it crashes through in 2025.
money and monetary policy
National first as women dominate state cabinet top jobs
Three women will headline Victoria's new cabinet in a first for Australia after Jaclyn Symes and Sonya Kilkenny were elevated to treasurer and attorney-general.
How much do you need to retire? It’s probably a lot less than you think
How much do you need to save for a comfortable retirement? It’s a big question, and you’ll often hear dire warnings you don’t have enough. But for most Australians, it’s a lot less than you might think.
Bank’s bungled cash fee a sign of anti-branch shift
Australia's biggest bank has backed down on a threat to charge some customers to access their own money after a 24-hour pile-on.
Tide turns for retailers with shop tills tipped to ring
Australians have been saving what they can as living costs soar but experts expect more spending in the next 12 months, especially when interest rates are cut.
Cash flows but small business fears paying the price
Small businesses want an exemption to laws protecting the use of cash for essential items as the treasurer finds a fit for banknotes in a digital economy.
It’s not you: banking outages are taking longer to fix
Digital payment services are under increasing pressure as Aussies ditch cash and they are mostly rising to the task, a Reserve Bank report has found.
Million-dollar madness: record suburbs in seven figures
More suburbs than ever have median house or unit prices of more than $1 million, with economists predicting the number will continue to grow.
Building costs in the frame for ongoing housing crisis
The Reserve Bank says it is closely monitoring the housing shortage, but dismisses reports a construction union is to blame for escalating costs.
Has the latest IT outage quietly slowed the cash crash?
The CrowdStrike outage exposed vulnerabilities in digital payment systems and shows Australia is decades away from a completely cashless society, experts say.
Cash still king as big business bails out Armaguard
Some of Australia's biggest companies have put their money where their mouth is by stepping in to save cash carrier Armaguard in a $50 million deal.
central bank
economy, business and finance
inflation and deflation
money and monetary policy
politics
Chalmers eyes soft landing amid budget criticism
The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.
Cash remains king after Katter forces cafe to take $50
Lunch is tasty but victory is sweeter for Queensland MP Bob Katter who forced federal parliament's cafe staff to backflip and accept cash.
Home lending sinks but a stronger 2024 on the horizon
New home loan activity has dipped after a promising few months but improving economic conditions should pave the way for a better 2024.
The cost-of-living crisis is hitting hard. Here are 3 ways to soften the blow
As our wallets feel the strain from the cost-of-living crisis, many of us are looking for ways to soften the blow.
Strong competition as Vic economy ranked nation’s best
Economic activity, retail spending and business investment has catapulted Victoria to best performing economy in the nation but it faces stiff competition.
RBA decision tipped to deliver more mortgage pain
Another interest rate hike is expected when the Reserve Bank board meets on Tuesday for the first time in two months.
RBA outlines gloomier outlook for economy
The Reserve Bank of Australia sees inflation peaking higher, slower growth and a higher jobless rate as economic challenges intensify.
RBA outlook could line up with Treasury
The central bank will release its quarterly Statement on Monetary policy, setting out new forecasts for the economy, labour market, wages and inflation.
‘R-word’ not on RBA governor’s horizon
Reserve Bank governor Philip Lowe says a recession in Australia is not on his horizon, but after the past two years nothing can ever be ruled out.