Finances

Inflation target remains elusive - Newsreel

Inflation rises but continuing to stabilise

Australia’s inflation rate is continuing to stabilise at lower rates, but remains outside the Reserve Bank’s two to three percent target range. Figures released by
Read more 24 April 2024
Asian woman in rock pool. | Newsreel

Inflation shocks torpedo super-low interest rate era

A leading global economist has warned that inflation shocks may become more frequent and the era of “super-low” interest rates is probably over. HSBC Global
Read more 16 April 2024
Australian Tax Office sign. | Newsreel

Not-for-profits need to re-apply for tax exemption

Thousands of not-for-profit organisations will need to re-apply for income tax exemption status from July 1 this year. The Australian Tax Office (ATO) said around
Read more 9 April 2024
Worried woman looks at shopping receipt. | Newsreel

Reserve Bank targets 2025 to cage inflation beast

The Reserve Bank remains confident that Australia’s inflation rate will return to the 2-3% target zone in 2025 despite prevailing economic uncertainty. After its
Read more 19 March 2024
Actors on stage in theatre performance. | Newsreel

Arts industry calls for tax breaks to spark investment

The arts industry has called for tax incentives to offset new theatre development and production costs, stimulate investment in Australian productions and generate more
Read more 10 March 2024