The Latest Breaking News from Ryan Felsman

Australia faces 'sharp recession' if US escalates war

As Donald Trump fails to reassure traders about the Strait of Hormuz, analysts warn Australia's economy is hurtling towards a recession the longer it is closed.

AAP · Apr 2

Treasurer hits back as opposition slaps panic button

The coalition has sought to link a recent rise in inflation and unemployment to the 1970s economic malaise, but analysts say there is no need to panic.

AAP · Oct 29, 2025

National economy still stuck in 'productivity malaise'

Despite a modest pick-up in productivity growth and signs private sector employment is recovering, Australia's slump in productivity is far from over.

AAP · Sep 18, 2025

New state emerges as nation's best-performing economy

Western Australia's economy is leading the nation, as the state tops CommSec's State of the States report for the first time in a decade.

AAP · Oct 27, 2024

New state emerges as nation's best-performing economy

Western Australia's economy is leading the nation, as the state tops CommSec's State of the States report for the first time in a decade.

AAP · Oct 25, 2024

The areas holding the ACT back from economic leadership

The territory fell behind the rest of the nation in key metrics.

The Canberra Times · Jul 28, 2024

The surprise state topping Australia's economic ladder

South Australia has retained its title as the nation's top economy for the third consecutive time in CommSec's latest State of the States report.

AAP · Jul 28, 2024

Inflation gauge to offer cold comfort for borrowers

May consumer price data gives the Reserve Bank another glimpse of how interest rate levels are working to bring inflation to heel.

AAP · Jun 23, 2024

Wages bump unlikely to concern Reserve Bank: economists

A 3.75 per cent boost to minimum wages and awards will deliver a small real gain to millions of Australian workers without throwing fuel on the inflation fire.

AAP · Jun 3, 2024

Jobs market muscle put to test with fresh data due

Strong hiring and low unemployment is welcome news though the labour market is expected to weaken as the economy responds to higher interest rates.

AAP · Apr 14, 2024