Poppy Johnston
UN projects strong economic headwinds for Aus
The United Nations says the world economy is in for another tough year, with Australia and other developed economies in Asia facing...
Australians believe income of $345,000 needed to feel rich
Australians think they need to be earning almost five times more than the typical salary to feel wealthy as rising consumer prices...
Bank ‘barriers’ are foiling savers’ access to higher rates: ACCC
Switching bank accounts and updating payment details is an inconvenience the consumer watchdog wants streamlined to stoke competition in the retail deposit...
Jobless rate ticks up to 3.9 per cent in November
Australia’s jobless rate rose to 3.9 per cent in November, from an upwardly revised 3.8 per cent in October. Roughly 61,000 jobs...
Reserve Bank wants to keep ‘broad coverage’ of ATMs
Most Australians are ditching cash in favour digital payments and the Reserve Bank says that’s putting pressure on the economics of ATMs...
Savings found to cover billions in new federal spending
Nearly $10 billion in savings have been clawed back as part of the mid-year federal budget review. The savings will cover new...
Australia’s economy grows 0.2 per cent in September quarter
Australia’s quarterly growth has slowed to 0.2 per cent in September from 0.4 per cent in the three months to June. A...
RBA likely to spare borrowers Christmas rates pain
Interest rates are widely expected to remain on hold after the central bank’s final monetary policy meeting for the year. Most experts...
Retail sales dip as shoppers hold on to cash for sales
Consumers hit the pause button on spending in the lead the Black Friday sales period, official retail trade data suggests. Spending weakened...
Young people cut back on essentials as pressures mount
Young Australians are reining in their spending more than other age groups and even cutting back on essentials. Spending by people aged...