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: Economy

Slowing economy could shut the door on more rate hikes

Slowing economy could shut the door on more rate hikes

Stagnant productivity means households face higher inflation and lower living standards but the treasurer hopes cheaper housing will ward off voter discontent.

'Bad to worse': productivity sinks to post-pandemic low

'Bad to worse': productivity sinks to post-pandemic low

'Bad to worse': productivity sinks to post-pandemic low

'Bad to worse': productivity sinks to post-pandemic low

Poor productivity is bedevilling the Australian economy, with levels heading in the wrong direction for Treasurer Jim Chalmers.

'Apples with oranges': Labor brushes off Kiwi PM's dig

'Apples with oranges': Labor brushes off Kiwi PM's dig

'Apples with oranges': Labor brushes off Kiwi PM's dig

'Apples with oranges': Labor brushes off Kiwi PM's dig

A visiting leader's remark that taxing capital gains would be "disastrous" has been brushed aside by Labor figures who deny it was a dig at its big reforms.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

Lebanon truce raises hopes of progress for Iran deal

Lebanon truce raises hopes of progress for Iran deal

As Israel and Lebanon agree to implement a new ceasefire, President Donald Trump has suggested progress on a broader deal to halt the Iran war could come soon.

Officials bank on economic slump helping tame inflation

Officials bank on economic slump helping tame inflation

Australia is not experiencing stagflation but higher interest rates will help cool the economy and inflation, the nation's top bank official says.

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.

Interest rate impact hits housing approval levels

Interest rate impact hits housing approval levels

The number of new homes being approved fell once again during April, and the Reserve Bank is being blamed for the downturn.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

'Likely he's lying': treasurer points finger at rival

'Likely he's lying': treasurer points finger at rival

'Likely he's lying': treasurer points finger at rival

'Likely he's lying': treasurer points finger at rival

Future generations will be left with a "multibillion-dollar debt bomb" if the coalition repeals proposed tax changes, the treasurer warns.

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.

Data centres drive record $6 billion investment boom

Data centres drive record $6 billion investment boom

Data centres drive record $6 billion investment boom

Data centres drive record $6 billion investment boom

A spike in spending on equipment needed to power AI has underpinned strong growth in business investment, despite a slowdown in consumer spending.

Pauline Hanson won't tie One Nation to coalition 'dog'

Pauline Hanson won't tie One Nation to coalition 'dog'

Pauline Hanson won't tie One Nation to coalition 'dog'

Pauline Hanson won't tie One Nation to coalition 'dog'

Pauline Hanson's party could become the official opposition, but she has poured cold water on any policy compromise in a coalition deal.

Pakistan steps up bid to get US-Iran talks on track

Pakistan steps up bid to get US-Iran talks on track

Pakistan steps up bid to get US-Iran talks on track

Pakistan steps up bid to get US-Iran talks on track

Mediators are trying to speed up US-Iran peace talks as Tehran weighs a response from Washington and President Donald Trump says he's willing to resume attacks.

Treasurer blames 'misinformation' for war on tax change

Treasurer blames 'misinformation' for war on tax change

Treasurer blames 'misinformation' for war on tax change

Treasurer blames 'misinformation' for war on tax change

Critics of the government's capital gains tax changes are being accused by the treasurer of overstating how much extra tax small businesses will have to pay.

'Making more': why young people will keep investing

'Making more': why young people will keep investing

'Making more': why young people will keep investing

'Making more': why young people will keep investing

Young buyers in Australia say the share market is still where they will put their money, despite incoming changes to the capital gains tax discount.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

Bloomshed makes it to centre stage with comedy classic

With Mr Bennet played by a pot plant, Bloomshed theatre's first main-stage show is an adaptation of Pride and Prejudice like no other.

Australian economy expected to add thousands more jobs

The Australian Bureau of Statistics is forecast to post a positive gain in jobs when it publishes new data, as economists mull over sweeping tax changes.

Federal budget to dominate the economic agenda

The government will do well to resist spending a "tantalising" budget windfall, as boosting demand while supply is constrained could result in more rate hikes.

Labor plots budget housing boost to fend off One Nation

Jim Chalmers hopes slashing red tape and winding back investor tax breaks will convince voters the dream of home ownership is still alive.

Access five free articles per month

Subscription Options

Already a member? Sign in here

Lenders told to 'support customers' facing hard times

Lenders must watch out for customers because the corporate regulator won't take a backward step as households face hardship, the outgoing ASIC chair will warn.

US and Iran closing in on memorandum to end war

Pakistani mediators believe they're getting close to an agreement between the US with Iran on a one-page memorandum of understanding to end the Middle East war.

Truce in doubt as US, Iran fight for control of strait

The US is trying to force open the Strait of Hormuz while the UAE has come under attack by Iran in a test of a ceasefire with no sign of a peace deal.

Inflation, growth, rates all hinge on end to conflict

The central bank, which raised interest rates on Tuesday, has released its latest set of quarterly economic forecasts and the news is not great.

Close call tipped as Reserve Bank mulls third rate hike

Traders and economists expect the central bank to raise interest rates for a third straight meeting but high uncertainty could result in another split decision.

Iran 'can't be trusted' over Hormuz, as talks stalled

Efforts to end the Iran war remain stuck as Tehran braces for US strikes and a Gulf ally of Washington warns against believing Iran over the Strait of Hormuz.

Stratospheric dreams of a new city coming back to earth

A premier has warned breathless developers to keep their heads out of the clouds as one of Australia's biggest cities marches relentlessly into the bush.

Topics

Politics Australia Victoria Europe Unrest, Conflicts and War Economy, Business and Finance Arts, Culture and Entertainment Middle East International Relations Diplomacy Energy Energy and Resource Housing and Urban Planning Government Political Campaigns Economy Consumer Goods Consumers Business National Elections

No opinion, no spin, no agenda.

Support AAP News

Already a member?
Sign in here