
Retail sales steady in July, below forecasts
Australian retail sales were unchanged last month, coming in below forecasts even as tax cuts started flowing and supporting household spending power....

Annual inflation cools to 3.5 per cent in July
The monthly consumer price index rose by a stronger-than-expected 3.5 per cent over the 12 months to July. The inflation gauge was...

Annual wage growth holds at 4.1 per cent in June
Workers in the private sector are still clocking robust pay growth but the pace has been gradually slowing in the past year,...

‘At least three’ nations interfering in Australia: ASIO chief
Spy chief Mike Burgess says up to four countries, including Iran, are actively involved in foreign interference in Australia. “I can think...

Average home loans hit a new record high
Climbing property prices have taken the average owner-occupier mortgage to a record high of almost $636,600. The average loan size gained another...

Rates uncertainty takes sting out of home price growth
The prospect of higher for longer interest rates has sapped some heat from the property market, as growth in house prices slows...

Jobless rate climbs to 4.1 per cent, as expected
Australia’s jobless rate ticked higher to 4.1 per cent in June from 4 per cent in May, landing in line with consensus...

Few signs of economic activity rebound on horizon
Australia faces the prospect of an economy performing below long-term trends through early 2025 based on leading indicators. A collection of future-focused...

Petrol, rent, insurance keeping pressure on inflation
Australian households are still under siege from high rents, insurance and petrol as the federal treasurer warns those pressures are likely to...

Renters spending less as living costs squeeze budgets
Australian renters are tightening their belts more than mortgage holders as high living expenses weigh on tenants. Hit hard by rising rents,...