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Poppy Johnston (AAP)

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All eyes on employment market as more roles open up

Australia’s labour market is softening around the edges but the overall story remains one of strength. A fresh batch of Australian Bureau of Statistics labour force data is slated for …

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Consumers go bargain hunting as financial pain bites

Borrowers are widely expected to dodge another mortgage bill bump at the first cash rate meeting of the year as new data highlights the financial pain households are feeling. Consumers …

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Inflation rate eases to two-year low in welcome sign

Australian mortgage holders can rest easy heading into the first cash rate call of the year following convincing progress on inflation. Yet even with softer set of consumer price data …

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‘Threat’ of rivalry can be enough to lower airfares

Airline passengers typically pay half the amount for a ticket serviced by three carriers than if the route is flown by just one. A federal task force has revealed a …

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Inflation numbers key drawcard in data-packed week

Inflation numbers for the final three months of 2023 will set the scene for this year’s first cash rate call. The December quarter consumer price index is expected to come …

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Savers miss out as banks exploit ‘consumer inertia’

Switching bank accounts and updating payment details is an inconvenience the consumer watchdog wants streamlined to stoke competition in the retail deposit market. The Australian Competition and Consumer Commission says …

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Stubbornly high inflation to eat into real wage gains

Australian households are still on track for an improvement in their real wages in 2024, though less of a near-term gain than first expected. The mid-year budget update released on …

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States and territories dig in on permanent GST deal

State treasurers want a GST deal squared away before considering an expanded role in funding the National Disability Insurance Scheme. State and territory treasurers are angling to lock in their …

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Young people cut back on essentials as pressures mount

Young Australians are reining in their spending more than other age groups and even cutting back on essentials. Spending by people aged 25 to 29 on must-haves, such as groceries …

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Jobless rate ticks higher to 3.7 per cent in October

The official jobless rate lifted 0.2 percentage points to 3.7 per cent last month, as widely anticipated. A larger-than-expected 55,000 jobs were added to the economy, based on the monthly …

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