Economy

HomeEconomy

Crypto wallets hit in billion-dollar world-wide scam

The crypto currency wallets of more than 2000 Australians have been compromised in a scam which has netted $4 billion globally in three years. The Australian Federal

Hybrid work may be stifling good ideas

Concerns that working away from an office can stifle innovation have been validated in new research. A team of economists from the University of Essex and University of

Aussie shout over as youth split from tradition

The great Aussie shout is under threat, with more young Australians splitting bills when they go out, in response to the cost-of-living crisis. New NAB Economic data

Households ease back on spending in June

Australian consumers returned to tightening their belts in June, with spending falling for the first time since March. Australian Bureau of Statistics (ABS) data

Brisbane CBD vacancy rate at 10-year low

Brisbane’s inner-city office space is in high demand with vacancy rates the lowest in more than 10 years. The latest Property Council’s Office Market Report shows

Financial security out of reach for Australian youth

More than half of Australia’s youth believe they will be worse off than their parents, with many doubting they will find financial security in the future. The 2024

Fruit and vege prices drive inflation to 3.8 percent

Housing and food prices, including a more than six percent rise in the cost of fruit and vegetables, drove a one percent rise in the Consumer Price Index (CPI) last

Maccas hit with rare global sales drop

McDonalds has experienced its first global sales drop in four years as the post-pandemic cost-of-living roller coast continues. The food giant reported that global

High-interest cards cost Aussies over $468m

Australians cost themselves more than $468 million over the past six years by not switching to low-interest credit cards. A new Australian Securities & Investments

Dwelling approvals slump to a 12-year low

Dwelling approvals have fallen to the lowest level in more than a decade despite the ongoing housing supply crisis. At the same time, renovation spending hit an all-time

Subscribe to our newsletter

Our newsletter