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Latest news: Economy

Gender equality 'crossroads' shows growing friction

Gender equality 'crossroads' shows growing friction

Australia is at a critical juncture on gender equality, with many believing efforts have gone far enough while analysis shows there's still work to be done.

Major cities flounder in ‘two-speed’ housing market

Major cities flounder in ‘two-speed’ housing market

Major cities flounder in ‘two-speed’ housing market

Major cities flounder in ‘two-speed’ housing market

Home prices are flat-lining in Australia's biggest cities and surging elsewhere as new national data tells a tale of two housing markets.

Latest data under spotlight as pressure builds on rates

Latest data under spotlight as pressure builds on rates

Latest data under spotlight as pressure builds on rates

Latest data under spotlight as pressure builds on rates

Fresh economic figures will be scrutinised by the Reserve Bank of Australia as it assesses the nation's economy before a key meeting on interest rates.

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Renewables growth energises spending as inflation rises

Renewables growth energises spending as inflation rises

Capital expenditure has been rising fast in Australia as the treasurer warns stubborn inflation will mean savings are needed in the budget.

Young women giving up on home ownership as costs rise

Young women giving up on home ownership as costs rise

Young people, particularly women, are turning their backs on home ownership as up-front and ongoing costs combined with other pressures put it out of reach.

Trump hails ‘golden age’ as US voters sour on economy

Trump hails ‘golden age’ as US voters sour on economy

Donald Trump has broken the record for longest State of the Union speech as he claimed the US is “winning” under his leadership, even as his poll ratings slide.

Premier polishes pitch to lure Trump to Australia

Premier polishes pitch to lure Trump to Australia

A premier is bidding to bring the United States president to Australia, claiming his state has something Donald Trump wants and needs.

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Regions beckon as young Aussies rethink city life

Regions beckon as young Aussies rethink city life

Regions beckon as young Aussies rethink city life

Regions beckon as young Aussies rethink city life

Almost half of Australians aged 18 to 29 are considering leaving cities for the regions, driven by the cost of living, work opportunities and lifestyle factors.

Private demand under the microscope after rate hike

Private demand under the microscope after rate hike

Private demand under the microscope after rate hike

Private demand under the microscope after rate hike

Fresh data will reveal whether the strong momentum in private spending, which spurred the Reserve Bank to lift interest rates, has continued into 2026.

Reserve Bank boss calls on businesses to invest smarter

Reserve Bank boss calls on businesses to invest smarter

Reserve Bank boss calls on businesses to invest smarter

Reserve Bank boss calls on businesses to invest smarter

Opposition MPs have grilled Reserve Bank officials over whether government spending and monetary policy errors contributed to the first rate hike in two years.

Petrol, diesel cars slow while hybrids, EVs speed up

Petrol, diesel cars slow while hybrids, EVs speed up

Petrol, diesel cars slow while hybrids, EVs speed up

Petrol, diesel cars slow while hybrids, EVs speed up

Australians are buying fewer cars that use fossil fuels alone as they shift allegiance to low-emission hybrid and electric models.

Why some economists go against the flow on RBA rate bet

Why some economists go against the flow on RBA rate bet

Why some economists go against the flow on RBA rate bet

Why some economists go against the flow on RBA rate bet

The Reserve Bank is widely tipped to become the first major central bank on Tuesday to U-turn from rate cuts to rate hikes in the post-COVID inflation era.

Households could get paid under plan to price pollution

Households could get paid under plan to price pollution

Households could get paid under plan to price pollution

Households could get paid under plan to price pollution

Australia could raise $35 billion a year by putting a price on pollution and help households and businesses by sharing the revenue, a report has found.

Aussie dollar breaks barrier as greenback loses shine

Aussie dollar breaks barrier as greenback loses shine

Aussie dollar breaks barrier as greenback loses shine

Aussie dollar breaks barrier as greenback loses shine

Australians travelling to the US are celebrating after the dollar broke through a key mark against the greenback for the first since early 2023.

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Rate rise pain all but certain after inflation shock

Hotter-than-expected inflation figures have convinced analysts the Reserve Bank will lift rates as soon as next week, heaping pressure on mortgage holders.

Former politicians prosper in Australia Day honours

For their service to educational equity, economic development and public health, ex-politicians have been bestowed some of the nation's highest honours.

All eyes on crucial data ahead of first RBA meeting

Home owners will wait with baited breath for the Reserve Bank of Australia to hand down its cash rate decision after the release of inflation figures.

Capital city rents hit record highs apart from one

All but one Australian capital has yielded annual growth in rents, but experts expect that city to be a star performer in the long-term.

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Forget quiet quitting: job-hugging tipped as top trend

Fewer Australians are expected to seek fresh employment as the market becomes tighter and artificial intelligence technology creates uncertainty.

Rate hike 'risks hurting' fragile consumer sentiment

A fresh survey of Australian consumer sentiment doesn't make for encouraging reading as the central bank weighs lifting the cash rate at its next meeting.

Robust jobs market risks adding fuel to inflation fire

Australia's labour market remains tight, with limited spare capacity keeping pressure on already-high inflation and shortening the odds of interest rate hikes.

US oversight of Venezuela could last years, Trump says

President Donald Trump promises to rebuild Venezuela "in a very profitable way" after ordering its leader's capture but won't say how long US oversight will be.

AI continues to disrupt your career prospects

Artificial intelligence is expected to transform employment even more in 2026, both in specialised roles and as an added skill in others.

Rates hike still on the table despite softer inflation

A sharper-than-expected fall in inflation will encourage the Reserve Bank of Australia, but underlying price growth remains too hot for comfort.

'Rioters' must be put in their place, Iran leader says

Iran’s supreme leader has addressed protests sparked by the ailing economy, insisting “rioters must be put in their place” as the death toll rises to 10.

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