Economy

RBA Holds Cash Rate at 4.35% as Economy Slows but Inflation Remains Stubborn

1 min read

The Reserve Bank of Australia has kept the official cash rate steady at 4.35%, opting for caution as the economy shows signs of losing momentum […]

Economy Exclusive

Oil Prices Slide as Global Markets Rally After US-Iran Framework Deal Promises Reopening of Strait of Hormuz

2 min read

Oil prices tumbled and global stock markets surged on Monday after the United States and Iran announced they had reached a framework agreement to end […]

Economy Exclusive

Americans Struggle With Rising Costs as Middle‑Class Thresholds Soar

2 min read

A new financial analysis is highlighting just how dramatically the definition of “middle class” has shifted across the United States and the findings are landing […]

Economy

Inflation Surges to 4.6% as Global Energy Shock Drives Fuel Prices Sky‑High

2 min read

Australia’s inflation rate jumped sharply in March, with headline consumer prices rising 4.6 per cent annually, up from 3.7 per cent in February, as the […]

Economy

Foreign Investors Face Major Capital Gains Tax Shake‑Up as Government Moves to Close Loopholes

2 min read

Australia is preparing to overhaul its capital gains tax (CGT) rules for foreign investors, with the federal government pushing reforms it says will ensure overseas […]

Australia Economy

China Approves 8 New Australian Beef Export Facilities, Doubling Access for Chilled Beef Shipments

1 min read

China has granted export licences to eight additional Australian facilities, opening the door for a significant expansion of beef exports just months after Beijing introduced […]

Australia Economy

States Say NDIS Briefing “Light on Detail” as Major Reform Package Nears, Raising Fears of Being Blindsided Again

2 min read

State and territory treasurers say they were given insufficient detail in a key briefing on major National Disability Insurance Scheme (NDIS) reforms just one day […]

Economy

Oil Prices Plunge and Global Markets Rally as Iran Reopens Strait of Hormuz

2 min read

Oil prices tumbled and stock markets surged worldwide on Friday after Iran announced it had fully reopened the Strait of Hormuz, restoring commercial shipping through […]

Australia Economy

Australian Dollar Surges as Markets Price In Multiple RBA Rate Hikes

2 min read

The Australian dollar is climbing sharply as currency markets increasingly bet on a series of Reserve Bank of Australia interest rate hikes beginning as early […]