News

Australia's independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective July 1, a real wage ...
A new round of “China shock” appears to be under way as Beijing doubles down on manufacturing and exports to offset the drag ...
The Reserve Bank is stuck between supporting the economy and managing inflation risks but will ultimately prioritise growth ...
Public spending was significantly reduced but was not matched by an increase in business investment which, as a proportion of ...
Even with this increase, Australia’s lowest paid employees will not be earning as much in real terms as they did before the ...
CPI inflation print from the Australian Bureau of Statistics (ABS) showed that the policy-important trimmed mean inflation ...
Australia's economy has barely moved in the last quarter — GDP slowed to 0.2 per cent in the first three months of 2025, down ...
ANZ Job Advertisements fell by 1.2% in May, deepening from a revised 0.3% fall in April.
Australias central bank considered a steep 50 basis point rate cut in May as a precaution against escalating global trade ...
Headline consumer price inflation held at 2.4% in the first quarter, comfortably within the Reserve Bank of Australia's target band of 2% to 3% and having come down from the 7.8% peak in late 2022.
Australia’s Gross Domestic Product (GDP) expanded 0.2% QoQ in the first quarter (Q1) of 2025 compared with the 0.6% growth in the fourth quarter of 2024, the Australian Bureau of Statistics (ABS) ...