RBA ‘nightmare’ as Aussies brace for third straight rate hike
RBA’s focus is the inflation situation and the pink 2-3 per cent target band. Source: RBA. Aussies are…
The groceries that could rise 20 per cent in price, as farmers issue warning
A warning of a potential 20 per cent food price increase is being echoed by farmers as they…
Wednesday briefing: Why are people turning global crises into high‑stakes bets? | Stock markets
For punters using the online prediction market Polymarket, almost everything is a chance to make money. Want to…
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Petrol prices 20pc above pre‑war levels, as diesel tax break swallowed by price rally
The average price of petrol remains 20 per cent higher than pre-war levels, as diesel drivers’ excise relief…
PPI Jumps by over 6% Month-to-Month Annualized for 3rd Month in a Row. Energy Price Spike just Latest Wrinkle
The hit from energy in March was softened by food and services, which briefly backed off. In prior…
Surprising countries coming to our rescue as Australia imports diesel from up to 29,000 kilometres away amid fuel crisis
Australia has resorted to importing diesel from all around the globe to meet our needs, with shipments scheduled…
Treasurer Jim Chalmers defends cost-of-living relief amid IMF inflation warning
Treasurer Jim Chalmers has defended the Albanese government’s cost-of-living relief as responsible despite warnings from the International Monetary…
Australian jobs data preview: Labour data to miss Iran impact, slowdown seen later
Westpac sees little immediate labour market impact from the Iran war, but expects a delayed slowdown as energy…
Help to Buy mostly helped high earners, IFS says – BBC
Help to Buy mostly helped high earners, IFS says BBCHigher-income households benefited most from Help to Buy, thinktank finds The…
Virgin to trim domestic flights ahead of fuel cost rising by up to $40m
Virgin Australia will slightly reduce domestic flights in the next few months as it faces a hit from…
For a few billion dollars, Pakistan has landed in dire straits
Pakistan’s fragile economic equilibrium has once again been jolted, this time by a demand that would ordinarily have…