Sluggish retail data could keep rate hike cycle at bay
Retail trade and job vacancy figures will paint the Reserve Bank a clearer picture of the economy's health ahead of a crucial cash rate decision.
Retail trade and job vacancy figures will paint the Reserve Bank a clearer picture of the economy's health ahead of a crucial cash rate decision.
Drivers aren't likely to get federal relief to lower petrol prices, the treasurer says, despite the higher prices at the bowser.
Consumers appear to be spending more cautiously and the number of vacant jobs has fallen further, new data from the Australian Bureau of Statistics shows.
A significant increase in serious crimes in Queensland has been partially attributed to a change in how domestic violence is recorded.
Easing supply bottlenecks and a robust pipeline of work fed into a strong 2022 final quarter for investment activity, the Australian Bureau of Statistics says.
Australia was warmer and wetter than historical averages last year as La Nina and climate change hit the country, causing widespread flooding and heatwaves.
Australia's population has more than doubled in the past 50 years, according to fresh census data showing the nation's cultural profile continues to change.
Households were spending up earlier in the year, but rising interest rates and ballooning inflation are likely to curb activity.
There are signs next week's national accounts will show the economy was barely growing in the first three months of the year.
Prime Minister Scott Morrison believes the war in the Ukraine will likely depress global economic growth.