Inflation down but price pressure still running high
Annual inflation fell in April this year, taking some pressure off households who are being smashed by high interest rates and ongoing cost burdens.
The Consumer Price
Housing was already slumping before the Federal Budget
By James Graham
To say this year’s Federal Budget has ruffled some feathers would be an understatement.
The Albanese government announced major reforms to two tax
Australia’s winter crop is expected to be reduced this year off the back of mixed weather and increased input costs.
Queensland is expected to have the biggest
Households cut back on recreation and travel spending
It looks like holidays at home this year as high fuel prices and economic uncertainty start to bite family recreation and travel plans.
The Commonwealth Bank’s
RBA sends clear but uncomfortable signal to households
By Stella Huangfu
The Reserve Bank of Australia (RBA) has lifted the official cash rate by another 25 basis points, the third hike this year as it struggles to keep
Queensland home ownership falls to historically low levels
By Shane Rodgers
Queensland has one of the nation’s lowest levels of home ownership in a market grappling with cost pressures, mismatched supply and low rental
Families hit again on interest rates in shaky economy
By Shane Rodgers
The Reserve Bank is continuing to use interest rates as a blunt instrument against inflation, lifting the cash rate target by another 25 basis points
Australia’s inflation struggles are continuing with the Consumer Price Index rising 4.6 percent in the year to March off the back of fuel cost blowouts.
The annual
Australia’s gas reserves ownership under the microscope
By Samantha Hepburn
Over the last decade, Australia has become one of the world’s largest exporters of liquefied natural gas.
But while the gas is extracted from
Households are cutting back on eating out, entertainment and holidays as cost-of-living pressures continue to bite.
National Australia Bank research, released today,