Finances

Australians the biggest buyers of clothes - Newsreel

Retail turnover surges in dataset swansong

Australian retail trade surged in June, as the Australian Bureau of Statistics (ABS) released its final set of data in this form after more than seven decades. ABS Head
Read more 31 July 2025
Shopper waving goodbye.

Retail Trade: A journey through 75 years of retail statistics

By the Australian Bureau of Statistics Today marks the end of the Retail Trade publication with the ABS publishing its 771st and final monthly retail trade
Read more 31 July 2025
Inflation drop graphic. | Newsreel

Annual inflation rate drops to 2.1 percent

Australia’s annual inflation rate is at its lowest level in more than four years. The latest Australian Bureau of Statistics (ABS) data, released today, shows the
Read more 30 July 2025
US President Trump with his tariffs chart. | Newsreel

What’s in store for the global economy for the rest of 2025

By Drew Klease Through the daily news cycle and the headlines streaming out of Washington, it can be easy to lose sight of the bigger picture. With the first half of the
Read more 28 July 2025
Mathias Cormann. | Newsreel

Mathias Cormann to lead OECD until 2031

Australia’s longest serving Finance Minister Mathias Cormann has secured an extended term as OECD Secretary-General. OECD Ambassador for Mexico Sybel Galván Gómez
Read more 28 July 2025
Automated farm equipment. | Newsreel

Mandate for millions to be invested in Queensland

A Queensland Government mandate will see more local retirements savings pumped into state-based projects. State Treasurer David Janetzki said the $50 million mandate
Read more 28 July 2025
Inflation target remains elusive - Newsreel

Australia catches up with the world on inflation

Australia is set to come into line with all other G20 countries and report inflation on a monthly basis. Australian Statistician David Gruen said the Australian Bureau
Read more 25 July 2025
Woman buying groceries with mobile phone.

$160 billion flows through mobile wallets each year

Mobile payments jumped by almost 30 percent last year and now outnumber ATM cash withdrawals by more than 10 to one. A new Australian Banking Association (ABA) report
Read more 24 July 2025
Woman upset on phone. | Newsreel

Insurance woes drive complaints to Ombudsman

More Australians are being angered by insurance companies and investment advice, keeping complaints about financial institutions above 100,000 over the past 12
Read more 23 July 2025
Person banking on phone.

Police and banks unite to target money mules

Australians who rent out their bank accounts to criminals are in the crosshairs of both the Australian Federal Police (AFP) and Australian Banking Association (ABA). AFP
Read more 23 July 2025