Rising costs forcing 3m UK households to skip meals, Which? report finds | UK cost of living crisis
Three million UK households are being forced to skip meals as consumers resort to drastic measures to deal…
Japan reportedly mulls bringing back energy subsidies this summer
The report says that the government is considering to revive subsidies for electricity and natural gas in the…
State debt blowout to cost each Victorian $1400
Victoria issued tens of billions in long‑dated bonds during 2020–21 at very low interest rates (i.e., 1.25–1.5%). These…
Bank of England set to hold at 3.75% as Iran war forces stagflation reckoning
The Bank of England is expected to hold Bank Rate at 3.75% on Thursday in an 8-1 vote,…
Snowy Hydro 2.0 is a sunk cost fallacy
I reported this week that the cost of the Snowy Hydro 2.0 project is estimated to have ballooned…
Up to 12 months of prices rises at Woolworths as oil crisis forces the supermarket giant to pass on soaring costs
Australia’s largest supermarket has warned prices will rise for up to 12 months due to the fuel crisis…
What is inflation and should you worry about it?
Hi, I’m ABC business journalist Emily Stewart, and I’m here to help you understand the latest inflation figures,…
Petrol under $3? How long will it last?
Photo: RNZ / Nick Monro Petrol prices have dropped below $3 a litre in some places, but how…
Germany April preliminary CPI +2.9% vs +3.0% y/y expected
Prior +2.7%HICP +2.9% vs +3.1% y/y expectedPrior +2.8%Core CPI Y/Y +2.3% vs +2.5% priorFull report here We’ve got…
Jerome Powell-led US Federal Reserve keeps interest rates unchanged; cites Middle East conflict uncertainty, rising energy prices
Jerome Powell (AP file photo) US Fed Federal Open Market Committee (FOMC) meet: Jerome Powell-led US Federal Reserve…
See how the price of everything has changed with inflation
The cost of most everyday items is up. Here’s by how much. If it feels like (almost) everything…
‘Increasing supply’ must be Labor’s top priority for any negative gearing changes, expert demands ahead of budget
Any changes to negative gearing need to boost housing supply for millions of Australians struggling with shortages, a…