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The Latest Breaking News from Anneke Thompson

Healthy jobs numbers to keep RBA on the sidelines

Australia's economy may be limping along but jobs are still going, although mostly part-time gigs and predominantly roles in the public sector.

Business leaders eye economic light at end of tunnel

Business leaders eye economic light at end of tunnel

Corporate leaders report feeling upbeat about their firms and the broader economy as the business lobby takes aim at anti-business sentiment.

RBA interest rates: Reserve Bank keeps cash rate on hold at 4.1% for fourth straight month

RBA interest rates: Reserve Bank keeps cash rate on hold at 4.1% for fourth straight month

New RBA governor, Michele Bullock, warns Australia isn’t out of the inflation woods and further interest rate rises remain on the cards

The Guardian - AU

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Burdened households to drive lacklustre growth

There are few reasons to be optimistic about Australia's growth prospects, as a collection of indicators point to the state of the economy.

Multiple F45 gyms have collapsed around Australia as the US-listed parent faces possible legal battles with celebrities and investors

F45 has been celebrated as an Aussie success story, but the company now faces multiple lawsuits in the US, a stock price collapse and a growing number of franchises on the market or going bust. Will the fitness empire weather the storm?

Consumers brush off rate rises again

Rising interest rates are yet to dent our appetite for spending, with Australians still dropping cash readily in department stores and cafes.

Savers finally seeing interest rates boost

Some banks are now trying to entice customers to put their money into savings accounts by offering some of the highest interest rates seen in years.

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‘Turning point’: Business collapses spike but local recession still unlikely, say economists

‘Turning point’: Business collapses spike but local recession still unlikely, say economists

The number of businesses falling into administration spiked in July as economists warn the economy is headed towards a “turning point”.

Gold Coast's 'bright future' challenged 'astronomical costs' and stalled developments

Gold Coast's 'bright future' challenged 'astronomical costs' and stalled developments

Beyond its idyllic beaches and perfect weather, there's a $20 billion reason why 120,000 people are expected to move to the Gold Coast by 2032. But that migration presents some big problems for the city.

Consumer confidence plunges to worst level since peak of pandemic, Westpac survey shows

Consumer confidence plunges to worst level since peak of pandemic, Westpac survey shows

Experts say stretched businesses could face further pain as people cut spending and award wages rise

The Guardian - AU

Australia's insolvency drought might end with an unwanted flood

Australia's insolvency drought might end with an unwanted flood

As the pandemic roared in during early 2020, rapid and astonishing shifts were made to prop up an economy sledgehammered by lockdowns, restrictions and fear.

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