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The Latest Breaking News from Greg Jericho

Inflation is coming back down, but Australia’s renters are still feeling the pain

High prices are hurting renters and low-income households

The Guardian - AU

Reserve Bank minutes divide experts amid optimism and pessimism on rate hikes

"Anyone who thinks the RBA will hold rates at 3.6 per cent have some cause for concern following the release of RBA April minutes".

The New Daily

Young Australians never stood a chance. For decades the controls have been set to favour older generations

When it comes to buying a home, millennials have it so much harder than those before them. And it’s changing the way they vote

The Guardian - AU

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Why are Australian households struggling as corporate profits soar?

Everyday Australian’s are struggling to keep up with the rising cost of living with soaring inflation hurting households’ hip pockets.

The New Daily

Workers miss out as gulf between wages and inflation widens

A slowdown in salary growth shows workers are missing out on businesses' surging post-pandemic profits – even those that are in high demand.

The New Daily

‘An economic fairytale’: Australia’s inflation being driven by company profits and not wages, analysis finds

Australia Institute warns of a ‘profit price spiral’ and calls for shift in RBA and government narrative towards corporations

The Guardian - AU

Family life has evolved markedly in Australia in the past 50 years, but income equality for women is a long way off

While 71% of couples with dependants both work, economic dependence remains a major issue for women

The Guardian - AU

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As IMF alarm bells ring, Australia is stuck between inflation and a looming global recession

Limp growth would normally require fiscal stimulus, yet concerns about inflation mean we’re unlikely to see a big-spending budget

The Guardian - AU

Australia a ‘green Wall Street’? Labor moves to the dark side as a party of capital

Progressives still can’t believe that Labor is now the party of total capitalism. They’ll waste years if they don’t get wise — fast.

Crikey

Australian businesses benefited from rising prices. Workers? Not so much

Strong GDP figures and growth is disguising what’s really happening: a shift to an economy where workers get less and less of their fair share

The Guardian - AU

‘Desperate’: Record number of Australians take on multiple jobs

Australians are taking on multiple jobs in record numbers as a lack of well-paid, full-time work forces employees to juggle several roles to make ends meet.

The New Daily

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