Top Stories Politics Courts General Finance Sport World FactCheck

Factual. Independent. Impartial.

Support AAP with a free or paid subscription

Subscribe to AAP News Download our app

Factual. Independent. Impartial.

Support AAP with a free or paid subscription

Subscribe to AAP News Download our app

Latest news: Consumer Confidence

Surging public wages bad news for Labor's savings goals

Surging public wages bad news for Labor's savings goals

Commonwealth public servant wages outpaced their state counterparts last financial year as Labor struggles to stamp out consultant costs.

November rate hike a lock after 'ugly' inflation result

November rate hike a lock after 'ugly' inflation result

November rate hike a lock after 'ugly' inflation result

November rate hike a lock after 'ugly' inflation result

All four of Australia's big banks are betting on a Melbourne Cup day rate rise after hot inflation figures heaped more pressure on the Reserve Bank.

Consumer confidence plunges to worst level since 1990s

Consumer confidence plunges to worst level since 1990s

Consumer confidence plunges to worst level since 1990s

Consumer confidence plunges to worst level since 1990s

There's "no end in sight" for Australian consumers stuck in a "cost-of-living nightmare" as rising interest rates and fuel prices squeeze household budgets.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

RBA blushes spared: inflation rise vindicates rate hike

RBA blushes spared: inflation rise vindicates rate hike

A November rate rise is still on the cards for the Reserve Bank, even after a slightly softer-than-expected underlying inflation outcome in August.

Banks tipping November rate hike after 'hot' inflation

Banks tipping November rate hike after 'hot' inflation

Despite headline inflation falling to 3.5 per cent - the lowest level since November - an above-expectations result adds to the case for more rate hikes.

Surprise inflation drop eases chance of RBA rate hikes

Surprise inflation drop eases chance of RBA rate hikes

Inflation figures have come in under the Reserve Bank's predictions, but some economists warn they might not paint a true picture.

Supermarket giant fights watchdog over new powers

Supermarket giant fights watchdog over new powers

Theories of harm used to block a major supermarket chain from opening a new store in a regional city were not substantiated, a judge has heard.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

Trump threatens to shoot down signs of economic rebound

Trump threatens to shoot down signs of economic rebound

Trump threatens to shoot down signs of economic rebound

Trump threatens to shoot down signs of economic rebound

Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending.

'Hello, anyone there?' Mobile phone complaints spike

'Hello, anyone there?' Mobile phone complaints spike

'Hello, anyone there?' Mobile phone complaints spike

'Hello, anyone there?' Mobile phone complaints spike

Thousands of Australians are reporting trouble with their mobile phone service, with smartphone snags responsible for almost half of all ombudsman complaints.

Big bank changes RBA rate call as cost pressures ease

Big bank changes RBA rate call as cost pressures ease

Big bank changes RBA rate call as cost pressures ease

Big bank changes RBA rate call as cost pressures ease

Slowing economic activity and softer price growth could convince the Reserve Bank to keep rates on hold, with inflation pressures weaker than initially feared.

Data centre boom fails to boot up lagging economy

Data centre boom fails to boot up lagging economy

Data centre boom fails to boot up lagging economy

Data centre boom fails to boot up lagging economy

A fourth Reserve Bank rate hike is still on the cards for 2026, despite a slowdown in economic growth, falling productivity and high labour costs.

Retailers under attack from weak demand, rising costs

Retailers under attack from weak demand, rising costs

Retailers under attack from weak demand, rising costs

Retailers under attack from weak demand, rising costs

Australia's retail sector faces a pincer attack as the war in the Middle East increases costs and pushes consumers to the brink.

Consumers hang tough despite echoes of COVID headwinds

Consumers hang tough despite echoes of COVID headwinds

Consumers hang tough despite echoes of COVID headwinds

Consumers hang tough despite echoes of COVID headwinds

Economic echoes of the post-COVID-19 period indicate global volatility will not break Australia's hunger for credit, lowering the odds of recession.

Worse to come as oil crisis adds fuel to rate-pain fire

Worse to come as oil crisis adds fuel to rate-pain fire

Worse to come as oil crisis adds fuel to rate-pain fire

Worse to come as oil crisis adds fuel to rate-pain fire

A rate hike in May is forecast by analysts after the Iran oil shock pushed the annual headline inflation level to the highest point in almost three years.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

Break in economic data keeps Middle East in focus

Traders will be hoping US President Donald Trump strikes a permanent deal with Iran to keep the Strait of Hormuz open as the clock ticks on a fragile ceasefire.

RBA's stagflation nightmare: prices up, confidence down

Consumer and business confidence has taken a dive following the Iran conflict, highlighting the Reserve Bank's dual fears of falling activity and rising prices.

Reality bites as Gen X defers cost of living

As fuel costs soar, more consumers are choosing to buy now and pay later - and the biggest spenders may come as a surprise.

RBA to sift through jobs data as world watches Hormuz

The labour market will be top of the economic agenda in the coming week, while speaking engagements from central bank officials will be closely studied.

Access five free articles per month

Subscription Options

Already a member? Sign in here

World economy counts cost of war as strait closes again

The economic costs of conflict are greater than severe natural disasters and can leave scars that last for a decade, the world's "financial firefighter" says.

Consumer spending and confidence in the spotlight

Analysts and governments will pore over latest economic data this week for more insight into the devastating impact of soaring fuel prices on the nation.

Top forecaster's dire prediction if Iran war drags on

Australia could enter a recession, with the Reserve Bank raising interest rates a further three times, economists warn as fears of a protracted conflict mount.

Sunscreen overhaul unlikely to fix 'trust deficit'

Consultations have begun on new rules designed to help Australians slip, slop, slap with confidence but not all are convinced the fix will be so simple.

Lunchbox staples prove costly for families

Classic school snacks are proving costly for families, with the price of a large basket of everyday lunchbox items varying between supermarket giants.

Confidence tanks as fuel spike flows to building costs

Housing Minister Clare O'Neil has brought together leaders from the construction industry as they grapple with skyrocketing materials costs.

Lululemon hit with hefty fine after spam email breaches

A popular athleisure brand has copped a hefty fine for sending thousands of spam emails without giving the recipient the option to unsubscribe.

Topics

Politics Australia Crime, Law and Justice Unrest, Conflicts and War Economy, Business and Finance Health International Relations Energy and Resource Social Issue Computing and Information Technology Housing and Urban Planning International Foreign Trade Economy Media Internet Business Consumer Goods Consumers Construction and Property Retail

No opinion, no spin, no agenda.

Support AAP News

Already a member?
Sign in here