The Latest Breaking News from Inflation

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).

Thinktank says workers would have £2,100 a year more on average if wages over past two decades matched shareholder payout rises

Jerome Powell doesn’t like to bless bets in financial markets, but he could shift the needle this week on how high investors expect the Federal Reserve to raise interest rates to cool overheated prices.

The government's decision to reduce financial pressure on its coffers by allowing the price of diesel to gradually increase starting from this month -- having been capped since October 2021 -- will result in households and businesses experiencing a harsh economic reality.