‘Disastrous’ prediction for thousands of new homeowners amid market downturn
Tens of thousands of Australians are staring down the barrel of a housing horror show, with experts warning…
Euro area annual inflation up to 3.2% – Euro indicators
Euro area annual inflation is expected to be 3.2% in May 2026, up from 3.0% in April according…
US-Iran war impact: RBI likely sold $12 billion gold reserves to shield foreign currency assets, says report
According to an assessment by Bloomberg Economics, RBI sold gold worth around $12 billion during the two weeks…
Steep wage rise to inflame inflation, interest rates – The Australian
Steep wage rise to inflame inflation, interest rates The AustralianMinimum wage rises more than inflation in ‘particularly challenging’ decision Australian…
Economic outlook: How the minimum wage hike, rising oil prices and food costs are complicating the Reserve Bank’s inflation fight
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RBNZ risks crushing already weakened economy to contain oil-driven inflation Kiwibank warn
Kiwibank now expects the RBNZ to begin hiking in July after a 3:3 split vote, warning the central…
Australia lifts minimum wage by 4.75% as inflation reaccelerates
By Renju Jose and Stella Qiu SYDNEY, June 2 (Reuters) – Australia’s independent wage-setting body on Tuesday said…
US Defense Department bars journalists from its press office | Media News
Media freedom advocates condemn move as latest effort to curtail independent reporting on the US military. Published On…
ABARES report predicts broadacre farm profits will drop by 70 per cent
The lingering drought and soaring input costs mean there are tough times ahead for the nation’s farmers, according…
Inside the nation’s record $2.48 trillion mortgage gamble
Australia’s home loan market has hit a record $2.48 trillion, despite borrowers facing higher interest rates and shrinking…
EV sales set records in 37 countries as consumers flee high gas prices
Electric vehicles Markets outside China and US post 50% year-on-year jump in March-April sales The current oil crisis…
Are we in a recession? ‘Be careful’ with indicators, says Bank of Canada – National
Even though the most recent GDP reports show a technical recession, the Bank of Canada and several economists aren’t…