Category : Search result: Australian economy


Australian Mortgage Crisis: 1 in 3 in Severe Financial Stress

Exclusive analysis reveals nearly a third of Australian mortgage holders are experiencing 'severe financial stress' with interest rate hikes pushing thousands toward breaking point. Experts warn of potential defaults and economic fallout.

RBA holds rates steady, no cuts in sight

The Reserve Bank of Australia has dashed hopes for imminent rate cuts, maintaining current settings amid persistent inflation pressures and economic uncertainty.

Chalmers' economic mistake threatens Australian recession

Exclusive analysis reveals how Jim Chalmers' economic strategy is backfiring, creating a perfect storm of inflation and stagnation that could plunge Australia into recession. Experts warn of dire consequences for households and businesses.

Australian inflation drops to 4.2% - lowest in 2 years

Australian inflation cools to 4.2% in October, offering hope to households amid cost-of-living crisis. The Reserve Bank's interest rate pause appears to be working, but economists warn the fight against rising prices continues.

Australia forces banks to maintain cash services

The Australian government announces sweeping new regulations forcing banks to maintain cash services nationwide, protecting vulnerable communities and regional areas from banking deserts.

Dick Smith: Albanese failing Australian business

Australian entrepreneur Dick Smith delivers scathing criticism of Prime Minister Anthony Albanese's leadership, claiming Australian businesses are 'going backwards' under his government amid cost of living pressures.

Australian Superannuation Balances Hit Record High

Australian workers' retirement savings have hit unprecedented levels, with average super balances reaching new heights. Discover how this financial milestone impacts your golden years and what challenges lie ahead.

No Brexit assessment in Reeves' budget

Chancellor Rachel Reeves reveals the Autumn Budget won't include formal Brexit economic analysis, citing OBR forecasting constraints and prioritising immediate economic challenges.

Australia's New Cash Payment Rules Explained

Australia is implementing sweeping changes to cash payment rules that could affect millions of transactions. Discover what the new limits mean for your wallet and why critics are calling it a war on cash.

Brits to be poorer than Turks and Latvians by 2040s

Groundbreaking economic research reveals Britain is on course to be outperformed by Turkey and Latvia within two decades, with the UK facing its worst relative decline in living standards since records began.

Australia's Hidden Jobs Crisis Worries Economists

New analysis reveals Australia's rising unemployment figures mask a deeper economic concern as underemployment and multiple job-holding surge, creating what experts call a 'messy' and worrying trend.

Bluey Coins Spark Nationwide Frenzy in Australia

Australia's beloved Bluey has triggered an unprecedented coin collecting craze as the Royal Australian Mint releases limited edition 50-cent pieces featuring the Heeler family, causing queues and sell-outs across the country.

Australian Property Boom Creates Wealthiest Middle Class

Exclusive analysis reveals how Australia's staggering property price surge has created unprecedented wealth for ordinary homeowners, transforming the nation's economic landscape and creating a new class of property millionaires.

Margaret River Shiraz Crowned Australia's Best Red Wine

In a stunning upset that's shaking the wine world, Western Australia's Margaret River region has dethroned traditional favourites to produce the country's best Shiraz, according to prestigious international judging.

UK unemployment falls as wages outpace inflation

Exclusive analysis reveals Britain's stunning economic recovery with unemployment hitting near-record lows and wages soaring above inflation, positioning the UK as a G7 growth leader.

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