The Reserve Bank of Australia is considering a controversial new tax on all electronic payments, a move critics warn will fast-track a cashless society and punish consumers who have embraced digital transactions.
Meteorologists pinpoint the precise date Britain's sunshine and soaring temperatures will return, banishing the grey skies. Get the full forecast and heatwave details.
New analysis reveals the complex mix of global and domestic factors, from climate change to Brexit, that are keeping UK food inflation stubbornly high and squeezing household budgets.
UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.
In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo
A startling image reveals the hidden economic reality squeezing Australian households. Discover the data behind the financial pain and why your wallet feels emptier than ever.
The British economy is expected to flatline in the coming months, with zero growth predicted by the British Sage, sparking concerns over inflation and living costs.
The Reserve Bank of Australia hints at pausing interest rate rises, sparking predictions of a property market rebound. Experts weigh in on what this means for homeowners and buyers.
Homeowners in Australia may need to wait several weeks before seeing any relief from the Reserve Bank's latest rate cut, as lenders take time to adjust their mortgage rates.
The Reserve Bank of Australia (RBA) has announced a cut in interest rates as inflation shows signs of easing. Governor Michele Bullock outlines the economic outlook.
Westpac, ANZ, NAB, and CBA have announced significant rate cuts after the Reserve Bank of Australia's latest move. Discover how this impacts mortgages and savings.
Australia's relentless focus on interest rates may be overshadowing critical economic reforms needed to boost productivity and long-term growth.
The Reserve Bank of Australia has lowered the cash rate to 3.6%, offering much-needed relief for mortgage holders amid economic uncertainty.
Prime Minister Anthony Albanese supports Palestinian statehood as the Israel-Gaza war continues. Meanwhile, the RBA keeps interest rates unchanged amid economic uncertainty.
Experts predict the Reserve Bank of Australia will cut interest rates this August, offering relief to borrowers amid economic uncertainty.
The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as inflation remains stubbornly above target. Governor Andrew Bailey signals cautious optimism but warns of persistent risks.
The Reserve Bank of Australia's latest inflation call could impact millions. Here's how it affects your cost of living, mortgages, and savings.
The International Monetary Fund has downgraded the UK's economic growth forecast, warning of stagnation under Labour's policies. Britain risks falling behind G7 rivals as inflation and weak productivity persist.
The Reserve Bank of Australia faces a critical decision on interest rates as new inflation figures set the stage for potential cuts. Experts weigh in on the economic outlook.
A cold front sweeping across south-eastern Australia is set to bring heavy rainfall and gusty winds to South Australia, New South Wales, and Victoria this weekend. Residents are advised to prepare for potential flooding and travel disruptions.
The Reserve Bank of Australia has dashed hopes of imminent interest rate cuts, leaving millions of borrowers facing continued financial strain. Here's what the RBA governor said and what it means for your wallet.
Reserve Bank of Australia Governor Michele Bullock signals caution on rate cuts, demanding clearer inflation trends before easing monetary policy.
Reserve Bank of Australia Governor Michele Bullock warns of prolonged high interest rates, spelling trouble for millions with mortgages. Experts predict financial pain ahead.
As savings surge among Australians, banks are reducing deposit interest rates at a quicker pace than the Reserve Bank’s official cash rate adjustments, squeezing returns for savers.
Official figures show UK inflation eased in June, driven by summer discounts on clothing and stable food prices. What does this mean for consumers and the economy?
UK inflation surges unexpectedly to 4% in December, driven by rising tobacco and alcohol prices. Experts warn of prolonged cost-of-living pressures as the Bank of England faces tough rate decisions.
The Reserve Bank of Australia has banned excessive credit card surcharges, aiming to protect consumers from unfair fees. Here’s how it impacts shoppers and retailers.
New data shows US inflation easing in June, but economists warn Trump’s proposed tariffs could reverse progress. Here’s how it impacts markets and consumers.
As inflation continues to surge, grocery prices skyrocket, dealing another blow to Trump's economic record. Experts warn of prolonged financial strain for households.
The Reserve Bank of Australia (RBA) has urged the government to outlaw payment surcharges on debit and credit card transactions, arguing they unfairly burden shoppers.