The Latest Breaking News on Economy

Australian workers can expect to see their pay packets growing faster than consumer prices by early next year. An improvement in real wages, which

Real wages are expected to start growing slightly earlier and grow more strongly than previously forecast, according to the latest Treasury estimates.

Reduced Westminister funding reignites calls for restoration of the Stormont Executive

'Sales are steadily growing, cashflow is improving and price pressures continue their gradual drop-off'

The Institute for Government said the Treasury’s unwillingness to share analysis undermined Government decision-making in response to the pandemic.

The likelihood of a recession later this year is high due to the expected interest rate hikes and the tighter credit standards. A recession will put immense pressure on the profitability of equipment manufacturers. Therefore, it could be wise to avoid fundamentally weak equipment stocks FuelCell Energy (FCEL), Solid Power…

The finance minister says the government is looking seriously at a recommendation to expand the single-parenting payment to more mothers, acknowledging it is "hard" to live on the current JobSeeker rate.

The entire northern Front Range, especially metro Denver, was a hot spot coming out of the Great Recession, drawing in young workers from all over the country. But that important driver of economic growth last decade looks like it has stalled and in some areas reversed.

Will Treasurer Jim Chalmers be able to please everyone with his May budget? He's certainly trying very hard to cover a lot of economic ground beforehand.