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The Latest Breaking News from Taylor Nugent

Will AI take Australian jobs, or is it just an excuse for corporate restructure?

More than 1,000 Australian tech jobs have recently been cut, with companies citing AI productivity gains. But that’s not the full story, experts say

The Guardian - AU

Labour pains for borrowers as jobs data hits rate hopes

Labour pains for borrowers as jobs data hits rate hopes

Economists fear two solid jobs readings could push the RBA to inflict more borrowing pain on Australian mortgage-holders.

RBA offers more rates call insight before jobs data

RBA offers more rates call insight before jobs data

Critical unemployment figures will give Australia's central bank a clearer picture on whether it will deliver a second interest rate hike in as many months.

From analysis to the latest developments in health,
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Rates hike still on the table despite softer inflation

A sharper-than-expected fall in inflation will encourage the Reserve Bank of Australia, but underlying price growth remains too hot for comfort.

Trump tariffs could boost case for rate cut: economists

US tariffs on Australian steel and aluminium would have minimal direct impacts, but weakened Chinese demand for goods like iron ore could hit economic growth.

Inflation, retail sales kick off 2025 economic calendar

The new year is off to a big start on the economic front with new inflation and retail sales figures due to be released.

Generation dread: Aussies unprepared for money shocks

Most Australians are unsatisfied with their finances, with just one quarter equipped to handle unexpected money issues, a survey has found.

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Australian shares down in worst day in seven weeks

Australian shares down in worst day in seven weeks

The ASX200 has finished down 1.3 per cent after a better-than-expected US jobs report over the weekend pushed back expectations on rate cuts.

First-home buyers defy affordability squeeze

First-home buyers defy affordability squeeze

Higher interest rates may be making it more expensive to service a loan but surging rents are prodding first-time home buyers into action.

Asia Stocks Mixed As China Enjoys Lunar New Year Bump

Asia Stocks Mixed As China Enjoys Lunar New Year Bump

Chinese stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed rate cuts.

International Business Times

Inflation surprise all but confirms end to rate hikes

Inflation surprise all but confirms end to rate hikes

Economists are sounding the death knell for the sharpest interest rate tightening cycle since the 1980s after inflation dropped faster than expected.

Labor could raise welfare payments for cost-of-living relief without stoking inflation, economists say

Labor could raise welfare payments for cost-of-living relief without stoking inflation, economists say

Albanese government would need to couple any increases in unemployment benefits and pensions with savings, experts say

The Guardian - AU

Fresh data coming on inflation’s impact on labour market

Fresh data coming on inflation’s impact on labour market

A fresh batch of jobs data will be pored over this week for confirmation the extremely tight labour market is starting to unwind.

Data to show strength of economy

Data to show strength of economy

A full calendar of data is expected to shed some light on the state of the economy as interest rates rise and the cost of living surges.

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