Economy news headlines

Interest rates have now been left unchanged since November 8, 2023.

The shop made the move in a bid to fight cost of living pressures, but it may have backfired.

Despite the good news, an interest rate cut is unlikely to follow.

The number of building companies showing signs of financial distress is up 31 per cent in just the last six months.

Iceland's economy is outperforming most European peers after the nationwide introduction of a shorter working week with no loss in pay, according to new research.

A new report has compared affordability here to the rest of the world. It's predictably grim reading.

It comes days after the Federal Government announced they would impose a total ban on debit card surcharges starting in 2026.

The federal government is warning the arrival of the deadly H5N1 strain of avian influenza was unavoidable.

These simple logos need no introduction, but according to data from global brand consultants Interbrand, these are some of the most valuable brands in the world.

The amount of tuna in one supermarket's cans has shrunk by 5 per cent. Here's why

The cautious messaging highlights the uncertainty facing the economy – and the central bank as it decides what to do with the cash rate.

Millions are better off, but a major international body says a total overhaul would be better for the country.

At least four Australian capital cities have recorded a dip in house prices through the September quarter as more homeowners look to sell.

South Korea's record-low fertility rate has plunged the country into an urgent population crisis.

Aussie fishers have been desperate to return to what was their most prized export market for lobster.

A new 2024 ranking of Australia's biggest movers and shakers has been published in the Australian Financial Review.

He has been talking up the improving relations between Canberra and Beijing, but some obstacles remain.

The debate surrounding negative gearing and capital gains tax has reignited as a federal election looms.

Consumers are inadvertently purchasing foreign-owned grocery items while believing they're suppporting Aussie brands, according to a group of Australian-owned businesses.

It said pandemic-era debt, high interest rates and operating costs, and uncompetitive milk prices had forced it into the decision.

The slew of borrowers desperate for a cut were left disappointed for the seventh meeting in a row.

Rising prices were behind the grim outlook felt by millions of Australians, new research has found.

As it stands, Afterpay enforced an estimated spend limit for users based on payment history including how many late repayments there have been.

There's been a slight dip in households struggling to make their payments thanks to tax cuts, but that could change.

Dozens of experts and economists have weighed in on when the RBA is likely to start cutting rates.

Soaring property prices and high interest rates have created a perfect storm – and there's no sign of relief in sight.

The ABS said Australia's population grew 2.3 per cent in the 12 months to March 31, increasing by 615,300 people.

The figures are largely in line with expectations, and there's no "smoking gun" for the Reserve Bank.

The Fed's first rate cut in more than four years reflects its new focus on bolstering the job market, which has shown clear signs of slowing.

"It's the largest it's ever been, and it's money that could be benefitting all Australians."

Jim Chalmers will this month become the first Australian treasurer to visit China since before the pandemic, at a time when both countries' economies are faltering.

In the middle of a housing crisis, you'd think property prices would be soaring in the city that has consistently been judged Australia's most liveable, right? Wrong.

But experts have flagged a hidden trap that could be eating into workers' earnings.

Michele Bullock has poured cold water on the prospect of an interest rate cut anytime soon, raising the spectre of a potential hike in a speech today.

New GDP figures show the economy is growing at the slowest rate since 1992, outside of pandemic disruptions.

New research shows hundreds of dollars can be saved by switching between home insurance providers.

With households tightening their budgets due to mortgage rates and cost-of-living pressures, analysts warn that the coming months will be challenging.

The Transport Workers Union (TWU) is today making submissions to the Fair Work Commission as ground-breaking employment laws come into force.

Two years of rate hikes has seemingly come at a cost to jobs and growth.

The subscription economy has now spread across almost everything from streaming TV and movies to home-cooked meals and even toilet paper and underwear.

The staggering figures shows the conditions should be a health priority, authors of a new study say.

Despite ongoing efforts to promote cashless transactions, new research shows that consumers still prefer having the option to pay with cash.

Many big banks have forecast an interest rate cut by year's end, but the Michele Bollock now says this is 'premature thinking'.

Private sector wages were sluggish, and saw just an 0.7 per cent quarterly growth.

For the first time in more than a decade, the cost of the sweet treat is about to jump.

Renters in some capital cities have reached the limit of their abilities to pay landlords, new research says.

Australian markets will open nervously this morning after Wall Street tumbled overnight as fears about a slowing US economy prompt a global stock sell-off.

The Australian sharemarket has plummeted amid a global sell-off, sparked by US recession fears over weak jobs data.

Japan's stock market suffered its biggest ever one-day loss on Monday as a global sell-off intensified following weak US jobs data.

Millions of mortgage holders will be eagerly watching what emerges from the meeting of the central bank starting today.