Poppy Johnston (AAP)
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Energy bill jolt: price rises power up living cost pain
Some Australian households will be slugged up to $200 extra a year under proposed energy price rises. Power bill increases of up to nine per cent for customers on the …
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Treasurer flags more fuel pain amid global uncertainty
Australian motorists face higher prices at the pump as the treasurer warns escalating conflict in the Middle East may keep oil prices elevated. “We’re focused on the human costs, but …
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Cost-of-living relief to show up in inflation readout
Energy rebates handed out to all households are expected to influence monthly inflation figures due for release this week. Wednesday’s consumer price index from the Australian Bureau of Statistics is …
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Unemployment jump likely if firms hoarding workers: RBA
Australia’s central bank remains alert to the possibility of a rapid lift in the unemployment rate, a more likely scenario if businesses have been hoarding workers. The most likely scenario …
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‘At least three’ nations interfering in Australia: ASIO
Spy chief Mike Burgess says up to four countries, including Iran, are actively involved in foreign interference in Australia. “I can think of at least three or four (countries) that …
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Jobless rate ticks higher in mixed result for RBA
Australia’s unemployment rate has held above four per cent for three months even as an uptick in hours worked and a healthy employment increase hint at ongoing resilience in the …
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Financial worries still weighing on consumer mood
Paying more for groceries, bills, rent and other expenses is keeping consumer spirits low and denting the Labor government’s standing with voters. Consumer confidence has been stuck well below pre-pandemic …
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Renters spending less as living costs squeeze budgets
Australian renters are tightening their belts more than mortgage holders as high living expenses weigh on tenants. Hit hard by rising rents, the Commonwealth Bank of Australia household spending indicator revealed a …
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Sinking ad numbers signal tougher times for job seekers
Job hunters still have more choice of open roles compared with pre-pandemic levels, even as the average number of ads each week continues to fall. Since the end of 2023, …
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Win for dudded savers as banks forced to alert changes
People will be alerted each time their interest rate moves and when promotional offers expire under a suite of changes aimed at prodding bank customers to snag a better deal. …