The Latest Breaking News from Taylor Nugent

Temporary fall in inflation won't ease RBA fears

A short-lived reduction in the fuel excise has provided some momentary price relief but inflation will only worsen without a resolution to supply blockages.

AAP · May 24

Upcoming inflation data to show calm before the storm

February consumer price data to be released on Wednesday will shape the Reserve Bank's thinking on interest rates ahead of a crucial meeting in May.

AAP · Mar 22

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 · Mar 13

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.

AAP · Jan 4, 2025

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.

AAP · Oct 1, 2024

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.

AAP · Jun 11, 2024

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.

AAP · Apr 8, 2024

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 · Feb 19, 2024

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.

AAP · Jan 10, 2024

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 · Jan 3, 2024