Economy

HomeEconomy

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

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

Mystery shoppers call out super fund failings

Vulnerable Australians seeking information about their superannuation are being met with unhelpful call centres, according to a new study. Super Consumers Australia is

Data transparency extends to non-bank lenders

Non-bank lenders will soon need to share product information in line with major banks. Australian Competition and Consumer Commission (ACCC) Commissioner Dr Ian

Brisbane’s frenzied housing market slowing down

Brisbane’s property market is showing signs of coming off the boil after an “exceptional run” over the past five years. The Savill’s Research latest residential

Global job market resilient as real wages stagnate

The job market is remaining resilient across most OECD countries but real wages are at a five-year low. The OECD Employment Outlook 2026, released last night, also

Housing slump reflects broader financial distress

By Alan Duncan and Steven Rowley After years of rapid growth, Australia’s housing market is beginning to cool. Auction clearance rates have softened, prices in Sydney

Queensland dwelling approvals down 8.8% in May

Dwelling approvals in Queensland fell 8.8 percent in May as early signs emerge of market wobbles following tax changes in the Federal Budget. The Queensland fall

People have lost trust in national governments

More than 40 percent of people in OECD countries have low or no trust in their national governments. The latest OECD Trust Survey, released overnight, found that trust

Spending rises despite economic restraints

Households unexpectedly lifted spending on travel, restaurants and takeaway meals in May, creating further confusion on the state of the economy. Australian Bureau of

Subscribe to our newsletter

Newsletter