Australia’s Parliament Sits

Inflation figures bring some hope for mortgage holders

By Stella Huangfu This week’s inflation figures showed inflation pressures have eased, just a day after the Reserve Bank of Australia (RBA) warned inflation was still
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happy lipstick shopper

Tough times prompt rise in ‘lipstick effect’ shopping

The so-called “lipstick effect” – where consumers cut back on big discretionary purchases but spend on smaller, affordable indulgences – has hit spending
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Albanese Government Delivers 2024 Budget

Living standards crisis hitting major economies

Growth in major economies is not translating to higher real wages as inflation and productivity challenges continue to undermine progress. OECD figures released
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Keeping up with the movement of stocks

Older workers flocking back to the jobs market

People aged 55-64 have made a big return to the labour force as rising demand for jobs keeps the unemployment rate above four percent. Australian Bureau of Statistics
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Vasectomies Australia increase - Newsreel

Vasectomies up 60 percent as cost of living cuts deep

The number of Australian men aged 18-44 choosing vasectomies has increased by more than 60 percent in less than a decade, with a rise in younger men aged 18-24
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Happy workers. | Newsreel

Workers changing jobs less often has an economic impact

By Peter Siminski and Christopher Carter The share of Australian workers who change employers in a given year has decreased a lot. In fact, this rate has more than
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Stressed woman working from home.

A third of workers taking mental exhaustion leave

Burnout is taking its toll on the Australian workforce, with more than a third of workers taking time off over the past 12 months due to mental exhaustion. New research
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Fans watching soccer in pub

Retailers score as fans embrace World Cup experience

As the FIFA World Cup heads to its final showdown this weekend, Australian retailers are counting the cash added to their bottom line since the tournament kicked off
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Electricity transmission lines. | Newsreel

ACCC probe leads Origin to refund $270,000

Origin Energy will refund over $270,000 to more than 4500 customers following an Australian Competition and Consumer Commission (ACCC) investigation. ACCC Commissioner
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Woman worried looking at phone. | Newsreel

Fake alerts on bogus purchases hitting our phones

There has been an increase in scammers sending fake messages to consumers alerting them of a purchase they supposedly made and providing a phone number to stop
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