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Jacob Shteyman (AAP)

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Unemployment falls, 25,000 jobs added in July

Australia’s jobless rate has fallen to 4.2 per cent, but the Reserve Bank is unlikely to be overly concerned that the jobs market is tightening further. The 0.1 per cent …

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Delayed gratification for borrowers as RBA cuts again

Borrowers have received welcome relief from the Reserve Bank of Australia, which has delivered a widely expected interest rate cut. The central bank opted not to shock markets for a …

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PM urges work on green steel over red wine in China

Prime Minister Anthony Albanese will raise Australian concerns over Chinese steel dumping as he urges industry leaders from both nations to work together to develop low-carbon steel production methods. At …

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Back-to-back rate cuts tipped when Reserve Bank meets

The Reserve Bank of Australia’s interest rate meeting is set to take top billing as markets expect the board to hand down another cut. Mortgage holders could receive their first …

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PM puts lid on GST hikes, pledges boost for business

The prime minister has trimmed expectations Australia’s goods and services tax could be raised as part of a suite of changes that includes lower income taxes. While he did not …

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Higher wages and bills among changes to take effect

Top changes coming into effect after July 1: PAYMENTS AND SUPER * About three million workers on the minimum and award wages will receive a 3.5 per cent pay rise …

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Energy price rule changes to limit unfair bill hikes

Vulnerable energy customers will be afforded extra protections from price gouging by electricity retailers in rule changes set to come into effect in 2026. Energy retailers will be barred from …

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Low-paid workers receive ‘catch-up’ real wage boost

Minimum wage earners will take home an extra $32 a week in pay after the industrial umpire handed nearly three million low-paid workers a wage rise above inflation. The Fair …

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Egg, housing costs might fry hopes of earlier rate cut

A jump in the cost of building and renovating homes is not helping the case for more rate cuts. Headline inflation remained steady at 2.4 per cent in the 12 …

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‘Devastated’, rudderless Liberals mourn historic defeat

Peter Dutton has been booted out of parliament in a bloodbath for the coalition, becoming the first opposition leader to lose his seat in a federal election. As it became …

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