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The Latest Breaking News from ABS

GDP growth beats expectations, but who benefits most as profits outpace wages?

Australia's economic growth beat analyst forecasts over the first few months of the year, but there is evidence the benefits are being felt more by business owners than workers.

ABC News

Jim Chalmers banks on capital spending to help ease cost-of-living crisis

New treasurer says Labor is ‘not contemplating’ extending fuel excise cut or low and middle income tax offset

The Guardian - AU

The Stats Guy: What does tourism in Australia look like now that travellers are returning?

The tourism sector is preparing for a comeback. So, what is the state of play in the sector and what are the biggest challenges it will have to face?

The New Daily

From analysis to the latest developments in health,
read the most diverse news in one place.

Newspoll and Ipsos both give Labor clear leads in final polls; counting of early votes

The federal election is on Saturday. Polls close at 6pm local time; that means 6pm AEST in the eastern states, 6:30pm in SA and the NT and 8pm in WA. 124 of the 151 House of Representatives seats are in the eastern time zone, 12 combined in SA and the…

The Conversation

Australia’s jobless rate at 50-year low of 3.9% but fewer positions added in April than predicted

The labour force figures are the final piece of economic data before the federal election and will be welcomed by the Coalition

The Guardian - AU

In an age of low unemployment in Australia, what about those locked out of the jobs market?

Governments have long ignored a fast-growing cohort of people who live with illness or disability that prevents them from working

The Guardian - AU

‘Devastating’: Households suffer biggest real pay cut since 2001

Australian households are suffering the worst cost-of-living squeeze in more than two decades, with real wages falling at the fastest pace since 2001.

The New Daily

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Real incomes shrink as wages growth of 0.7% in March quarter falls behind inflation

Labor says figures released by the ABS show gap between wage growth and cost of living increases in Australia is now the largest in more than two decades

The Guardian - AU

Inflation overtakes wages as fuel, food costs soar

Australian wages have not kept pace with inflation.

The Canberra Times

Michael Sukkar says Coalition policies have pushed first home buyers to their highest levels in 15 years. Is that correct?

Housing Minister Michael Sukkar says the Coalition is responsible for getting the level of first home buyers to its highest in 15 years. RMIT ABC Fact Check runs the numbers.

ABC News

The Loop: ABS to release latest wages data, man charged over California church shooting, Australian Swimming Championships begin today

Get in The Loop with a quick look at today's headlines.

ABC News

Will a 5 per cent pay rise for workers lift the cost of your coffee and petrol by the same amount?

Boosting workers' wages by 5 per cent – for all workers, not just those on the minimum wage — would lead to an increase in prices across the economy of about 2 per cent, according to a new report.

ABC News

UNSW’s Felt Experience and Empathy Lab combines art and technology to design psychosocial supports for wellbeing

With mental health concerns on the rise and treatment rates still lagging, psychologists and artists are teaming up to create experiences that instantly improve mood but also build resilience.

ABC News

Michael Pascoe: Everyone is wrong about a 5.1 per cent minimum wage rise

The government knows how miserable the real-world outcome is for people on low wages suffering excruciating effective marginal tax rates.

The New Daily

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The Conversation

Yes, $5 for lettuce is too much. Government should act to stem the rising cost of healthy eating

The cost of living is on the rise. The recent Consumer Price Index (a measure of inflation of a standard basket of goods) revealed Australians’ grocery baskets are one of the biggest casualties.

ABC News

Cutting through the accusations and acrimony to get to the facts of the second leaders' debate

The second leaders' debate on the Nine Network was full of accusations and acrimony. RMIT ABC Fact Check cuts through the shouting to bring you the facts.

The Conversation

Australia is missing 500,000 migrants, but we don't need visa changes to lure them back

COVID-19 travel restrictions brought migration to Australia to a virtual standstill, and over the course of the pandemic about 500,000 temporary migrants have left our shores. Now many Australian businesses are screaming out for more workers.

AAP

Retailing in last hurrah before rate rise

The Australian Bureau of Statistics says retail trade rose 1.6 per cent in March to a record $33.6 billion, coming before rising interest rates take their toll.

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Crikey

Spending lost steam even before rate rise

The latest retail spending figures are expected to show a slower pace of growth as the treasurer and his election rival face off in a televised debate.

The Conversation

Labor's lead steady in Newspoll and gains in Resolve; how the polls moved during past campaigns

This week’s Newspoll, conducted April 27-30 from a sample of 1,538, gave Labor a 53-47 lead, unchanged since last week. Primary votes were 38% Labor (up one), 36% Coalition (steady), 11% Greens (steady), 5% One Nation (up two), 4% UAP (steady) and 6% for all Others (down three).

Newcastle Herald

Labor says inflation figures show need for childcare policy

Labor says its childcare policy will ease costs for almost 30,000 Hunter families after inflation figures this week showed a 4.2 per cent annual price rise in the sector.

The Guardian - AU

Australia faces prospect of pre-election rate rise as inflation and consumer prices soar

Annual CPI rate rise to 5.1% was higher than expectations and reflects higher fuel and food costs, sparking fears of an interest rate rise

ABC News

Brendan O'Connor says defence spending under the Howard and Rudd-Gillard governments was similar, on average. Is that correct?

Shadow Defence Minister Brendan O'Connor says the Howard and Rudd-Gillard governments both spend 1.7 to 1.8 per cent of GDP on defence. RMIT ABC Fact Check investigates.

The Guardian - AU

Australia’s March unemployment rate steady at record low 4%, despite expectations of fall

Australia’s economy added more than 20,000 new jobs in March, as experts warn of workforce shortage

The Guardian - AU

What key numbers should Australian politicians – and voters – know and care about?

Anthony Albanese fluffed jobless and cash rate questions but other figures indicate where the country is heading

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