Jamie will never forget the 2001 grand final. His oesophagus won't either The 10-cent piece wouldn't go down, but the beers certainly did. Newcastle Herald · Oct 1
Australian shares slide as rate-hike fears mount Inflation worries have reignited concerns of tighter borrowing costs, darkening an already gloomy outlook for economic growth and company returns. AAP · Aug 27
Median rental unaffordable for Australians on $130,000 The median rental costs more than half the pay of an average worker in every Australian capital city, a report by Everybody's Home has found. AAP · Aug 24
Aussie shares flat as health stocks, BHP limit losses Earnings season continues to drive local stock volatility, after company results drove buying in BHP and the beaten-down healthcare sector. AAP · Aug 18
Banks and miners drag market to worst week in months The ASX has retreated sharply a week after hitting record highs as macroeconomic concerns, metals prices and high earnings benchmarks weigh on confidence. AAP · Aug 14
As home loan applications drop, the big four banks face a growing challenge from Macquarie Over the past week, all four of Australia’s biggest banks have reported falls of between 12% to 20% in new home loan applications since the May federal budget. The Conversation · Aug 13
AI boom, productivity malaise making RBA's job harder Investment in AI is supporting demand in the economy at a time when the Reserve Bank wants it to cool, but the housing downturn should help get inflation down. AAP · Aug 13
Inflation numbers to bring relief for mortgage holders The Reserve Bank is widely tipped to keep interest rates on hold, but economists are still warning inflationary risks remain. AAP · Aug 9
Can Australia make housing affordable while avoiding a major market crash? We may soon find out Politicians’ fever dreams of ‘sustainable price increases’ – where values keep rising, but by less than wages – could happen The Guardian - AU · Aug 6
Can Australia’s newest bank give the ‘big four’ some real competition? Australia officially has a new bank. Last week, the Australian Prudential Regulation Authority granted Revolut Australia a full banking licence. This means it can now accept deposits as an Australian bank, offer eligible deposit products protected under the Financial Claims Scheme, and expand its savings and lending services. The Conversation · Jul 31
Shares fall from multi-month high as confidence wanes The ASX has handed back most of Wednesday's gains, as fresh strikes between the US and Iran stoked fears about global inflation and growth. AAP · Jul 30
Jobs data tops economic agenda as Iran war re-escalates Resilient jobs data is a bright spot for Australia's economy but the longer the Middle East conflict drags on, the worse the prospect for growth and inflation. AAP · Jul 19
Trump threatens to shoot down signs of economic rebound Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending. AAP · Jul 14
What's in store for Beaumont Street's landmark former bank building Plans have been lodged to transform the former NAB Bank building. Newcastle Herald · Jul 13
The Times of India · Jun 29 Pakistan HC grants Imran Khan, Bushra Bibi 2 weeks to begin arguments in Al-Qadir case Imran Khan alongside Bushra Bibi has been granted a two-week window by the Islamabad High Court to initiate final arguments in their appeal regarding their conviction in the Al-Qadir corruption case. Additionally, the court dismissed various contempt petitions associated with securing signatures on legal documents. The allegations encompass a £190…
The Conversation · Jun 17 Australia risks losing its ‘corporate brain’ if more high-value jobs keep being sent offshore This year, some of Australia’s biggest and best known companies – Telstra, National Australia Bank (NAB), Officeworks and Woolworths – have decided to cut jobs locally, while creating more overseas. Those will mainly be in India, the Philippines and Vietnam.
AAP · Jun 16 Slowing economy could shut the door on more rate hikes Stagnant productivity means households face higher inflation and lower living standards but the treasurer hopes cheaper housing will ward off voter discontent.