The Latest Breaking News from Stephen Wu

Card surcharge ban used as ‘cover’ for larger price increases by Australian businesses, experts say

‘Round-up’ pricing in items such as coffee suggests increases are exceeding the typical 1.5% surcharge fee

The Guardian - AU · 5h ago

Nvidia's Long Term Outlook In China Will Depend On Its Ability To Compete With Local Alternatives

The short and medium-term outlook for NVIDIA in China depends heavily on U.S. export policy. In the long run, it will depend on its ability to compete with local alternatives.

International Business Times · Jun 23

China's Chip Challenge: The Race To Match US Tech

China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle to match the technical might of US powerhouse Nvidia within the current decade.

International Business Times · Oct 6, 2025

Consumer price data to set scene for May rates call

The cost of living pressures plaguing households have been subsiding and fresh data released this week will hopefully reveal further softening.

AAP · Apr 21, 2024

Wages tracking higher though growth likely peaking

Worker wages are still increasing but the pace of growth is expected to slow as cracks appear in the jobs market.

AAP · Feb 18, 2024

“We Can’t Afford Anything Else”: Woman Explains Why Young People Are Buying Lavish Items

While historically people often save more when times get tough, current younger generations are flipping that around. The post “We Can’t Afford Anything Else”: Woman Explains Why Young People Are Buying Lavish Items first appeared on Bored Panda.

Bored Panda · Feb 2, 2024

Slower-than-expected inflation lifts rate pause hopes

Surprisingly lower inflation growth has given mortgage holders renewed hope interest rates won't be lifted again in February.

AAP · Jan 9, 2024

Economists split over chance of August rate rise as Australian property price rebound slows

Analysts differ over whether Reserve Bank will raise the cash rate another 25 basis points in the 13th increase since May 2022

The Guardian - AU · Jul 31, 2023