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Mid adult tourist looking at souvenirs on a street market in historic district of Purmamarca, Argentina

Inflation trending down across OECD countries

One third of countries in the OECD have inflation sitting at two percent or lower. This compares with Australia’s inflation rate of 3.8 percent in June,

Chinese visitor numbers surge in record airport year

A 51 percent increase in passengers from mainland China has helped Brisbane Airport achieve a record year in 2026-27. Figures released today show that Chinese airport

Homeless population reaches 122,000 in Australia

More than 122,000 people are homeless in Australia with women and children the most affected, according to The Salvation Army. Contrary to common perceptions, rough

EVs and rebooked holidays drive consumer spending lift

Household spending rose in June but this was largely due to a spike in Electric Vehicle (EV) sales and the resumption of travel delayed by the Iranian war. Australian

Pension rules stifling incentive to work longer

Older Australians who want to earn extra money are being penalised by inflexible Age Pension rules, according to industry super fund HESTA. SuperEd research,

Less people changing jobs but few company ‘lifers’

Fewer people are changing jobs regularly but the days of spending most of your career with a single organisation appear to be over. The latest Australian Bureau of

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

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

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

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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