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Australian Treasurer Jim Chalmers. | Newsreel

Will a $900m fund have any impact on productivity?

By Roy Green Productivity is the greatest structural problem in our economy, according to Treasurer Jim Chalmers. He says there is “no higher priority for

Annual wage growth at 3.5 percent

Annual wage growth has fallen below 4 percent. The latest Australian Bureau of Statistics (ABS) data, released today, showed the Wage Price Index (WPI) rose 0.8 percent

Global book sales holding up as new stores open

Predictions that books are a dying product may have been premature. Latest data shows sales are mostly stable, and audio books are booming. Positivity in the book market

Billion-dollar bonus for Aussie travellers

Australian travellers have more than a billion dollars of unspent foreign cash languishing at the bottom of the backpacks and money belts. New research from hospitality

Guide to counter holiday season financial stress

Almost half of Australians struggle to break even each week, with the holiday season set to place extra strain on household budgets. In a recent survey by Beyond Blue,

World sadder, lonelier and more worried since pandemic

Australians are not alone in feeling the pain of rising house prices and cost of living pressures, with the world a sadder place now than before the pandemic. The latest

Push to lower food costs in remote communities

Government and industry are meeting to work out ways to reduce the price of essentials in remote communities. Federal Indigenous Australians Minister Senator Malarndirri

Fifty cent fares boost Brisbane’s global ranking

Brisbane’s 50 cents public transport fares have catapulted the Queensland capital to second in a global list of affordable cities. An analysis by insurance comparison

Rates on hold as ‘underlying’ inflation outside range

The Reserve Bank of Australia (RBA) has left interest rates unchanged, at 4.35 percent, following its meeting today. In a statement, the RBA said inflation had fallen

Cost of essentials double city prices in remote communities

Australia’s remote communities are paying twice as much for grocery staples than shoppers in capital cities. Researchers from consumer advocacy group CHOICE visited

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