The pace of inflation has slowed more than expected, suggesting the Reserve Bank’s rapid-fire interest rate hikes are working. The Australian Bureau of Statistics reported a healthy moderation in its monthly consumer price index to 4.9 per cent in the 12 months to July, down from...
The Australian government has conceded climate change is a systemic risk which may affect the value of its bonds in a statement to end a lawsuit over claims investors have been misled. Katta O’Donnell began a class action against the Commonwealth three years ago, seeking a...
Cruise ship passengers will be able to sail unimpeded around the country as state leaders scrap COVID-19 restrictions for passengers. The NSW government on Monday formally ended COVID-19 restrictions for passengers in the cruising industry following advice from the national government health advisory body. The Australian Health...
Australia’s peak railway body has kicked off a campaign to recruit young workers in a bid to address a skills shortage of 70,000 roles in the industry. The Australasian Railway Association’s Work in Rail campaign is designed to attract school graduates after research showed workers under...
Australian retail sales have come in slightly higher than expected as the Women’s World Cup and school holidays fuel an uptick in eating out. The 0.5 per cent improvement in the Australian Bureau of Statistics numbers for July beat the market consensus of 0.3 per cent...
Australian electric vehicle drivers will get a major power boost after Tesla revealed plans to open almost half of its charging stations to cars from other brands. Thirty Tesla Supercharger locations will welcome other vehicles as part of the company’s expansion announced on Wednesday, with the...