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Australia’s labour productivity has effectively stalled, with new analysis showing growth has collapsed to zero, placing the country near the bottom of advanced economies since the COVID-19 pandemic. According to an OECD assessment cited in The Australian Financial Review, Australia ranks second-last…

Australia’s inflation has risen again, effectively eliminating any realistic prospect of an interest rate cut in 2025 and even reviving concerns that the Reserve Bank may be forced to lift rates further. New data from the Australian Bureau of Statistics shows that…

Australia’s largest banks are facing intense parliamentary scrutiny as the government examines past misconduct, employment practices, and customer protections. ANZ’s new chief executive, Nuno Matos, publicly apologised to a parliamentary committee for the bank’s historic failings, which resulted in a record $240…

As the cost of living continues to rise, more Australians are turning to “side hustles” — small, independent income streams — to supplement their wages and manage day-to-day expenses. According to new research from Westpac, 55 per cent of Australians are either…

The Reserve Bank of Australia (RBA) has decided to keep the official cash rate steady at 3.6%, confirming predictions from the nation’s four major banks and sending a message of “patience” to borrowers hoping for signs of monetary easing. Governor Michele Bullock…

Melbourne mortgage holders have been dealt a blow after new inflation data released today revealed a higher-than-expected surge in prices, effectively ending speculation about a potential Reserve Bank of Australia (RBA) rate cut on Melbourne Cup Day, November 4. The latest figures…

Australia’s Reserve Bank Governor, Michele Bullock, has identified stamp duty as one of the greatest structural barriers preventing the nation from solving its housing and labour market challenges. Speaking at the Daily Telegraph’s Future Sydney Bradfield Oration on Friday, Bullock described stamp…

Opposition Leader Sussan Ley has unveiled the Coalition’s first major economic policy since its election defeat, pledging tax cuts for low and middle-income Australians in an attempt to reassert the party as a credible alternative government. Speaking ahead of her address to…