Businessman

Markets monster tech stocks after US ‘blue tsunami’

The Democratic sweep in Congress has devastated US stocks with the tech-led Nasdaq notching its deepest one-day drop since ‘Liberation Day’ in April 2025. The drop
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Brazilian fans in the stands

Big sport and late flu drive spending habits

A late flu season and a run of big sporting events drove Australian consumer spending habits in September. Australian Bureau of Statistics figures released today show
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Office Worker Leaving His Job in Layoff

Economy starting to feel like a recession

By Stella Huangfu The Reserve Bank of Australia has raised the cash rate to 4.85 percent from 4.6 percent – its highest level since the global financial crisis in
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Young Female Trader Studies Market Data On Multiple Computer Screens

Markets wobble as global events create uncertainty

Global equity markets have wobbled this week with investors eyeing the outcome of the US midterm elections, while oil prices continued their descent amid ongoing talks
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Australia’s Parliament Sits

Families smashed again with interest rate rise

By Shane Rodgers Struggling families are facing more pain after the Reserve Bank (RBA) again increased interest rates after continually failing to bring inflation under
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Mathias Cormann

Frequent global shocks lead to big lift in farm subsidies

Governments across the world are heavily subsidising their agricultural industries off the back of more frequent global shocks. The OECD Agricultural Policy Monitoring
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upset senior couple

Brisbane housing leads the national price dive

Brisbane has overtaken the other capital cities with a 6.1 percent decline in housing prices over the past three months. The speed of price falls across the country is
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OECD occupations

Traditional jobs hardest to fill despite high-tech boom

By Shane Rodgers Despite the rise of ultra-high technology, the world’s biggest skills shortages are still largely in health, teaching and trade occupations. The
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Qiulae Wong

Economic ‘funk’ driving sentiment for NZ election

NEW ZEALAND – The campaign for New Zealand’s general election on November 7, 2026 comes down to the price of everyday life for 70-year-old Liz Hartley, a
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Depressed little girl

Poor children tend to become poor adults

By Roger Wilkins and Esperanza Vera-Toscano About 757,000 Australian children aged under 15 lived in poverty in 2022-23 – more than all the people living in cities of
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