The Latest Breaking News from ABS

Airbnb says only 1% to 2% of homes in Australia are short-term rentals. What does that really mean for renters?

About 100,000 properties are used for short-term letting – equivalent to the housing shortfall on the horizon. But that comparison may oversimplify the situation

The Guardian - AU · Feb 28, 2024

Wages are finally on the way up, but there’s a long way to go before workers feel relief

After three brutal years for households, concerns higher wages would drive up inflation and thus interest rates appear overblown

The Guardian - AU · Feb 21, 2024

Australia records 4.2% annual wage growth, outstripping inflation for the first time in three years

Treasurer says highest annual growth since 2009 ‘encouraging’ but expresses concern over non-compete clauses for employees

The Guardian - AU · Feb 21, 2024

Neither a pandemic nor interest rate rises: can anything dent the Australian housing market?

The entire political focus over the past 40 years has been to keep house prices from falling, or even abating

The Guardian - AU · Jan 17, 2024

Jobs data on agenda as signs point to cooling inflation

Experts will examine job data and spending insights for a better idea of how the Reserve Bank will act when it returns for the first time in 2024.

AAP · Jan 13, 2024

'Softer' year ahead as spending and loan growth slow

After a year of surging rental prices and cost-of-living expenses, relief could be on the cards for borrowers with economists raising hopes for a soft landing.

AAP · Jan 12, 2024

Retail figures show we’re desperate for a bargain rather than flush with cash. The RBA should take note

When retail spending surges, the Reserve Bank can be tempted to raise interest rates – but analysing the economy requires an understanding of what is happening in the real world.

The Guardian - AU · Jan 10, 2024

As Australian supermarkets are blamed over food costs, French grocer Carrefour targets Pepsi for 'unacceptable' price rises

French supermarket Carrefour has fired a warning shot in a price war with global food brands, dropping PepsiCo products last week because of “unacceptably high” increases.

The Conversation · Jan 10, 2024

Grocery giants conveniently slash prices, but will a Senate Inquiry go far enough?

It's almost like there's an inquiry in the air ...

Newcastle Herald · Jan 6, 2024

Canberra couple welcome Christmas baby, as Azlan roars into world

Azlan will share Australia's second-least-common birthday.

The Canberra Times · Dec 25, 2023