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Mortgage-holders and a prime minister in election mode are hoping an encouraging step down in underlying inflation will pave the way for a February interest rate cut. Economists were generally heartened by official monthly inflation numbers, though the first increase in job vacancies in more than...

Australia’s headline inflation rate has bumped higher to 2.3 per cent in November, up from 2.1 per cent in October. The headline figure was broadly expected to shift higher to 2.2 per cent in the official monthly readout from the Australian Bureau of Statistics. ABS head of...

Hiring struggles have tumbled down the list of issues worrying Australia’s business leaders as the new year gets under way. Chief executive officers ranked recruitment woes as the joint top business challenge of 2024, based on surveying by KPMG. In the 2025 update, sourcing and retaining workers...

A warning the coalition’s nuclear energy plan will shrink the Queensland economy by up to five per cent has been dismissed by the opposition, following a similar red flag for NSW. “Whichever way you want to look at it, this is a lower-cost pathway for electricity...

Australian drivers have broken the record for new car sales by the slimmest of margins, figures revealed, with less than half a percentage point in the race. But some vehicle types proved significantly more popular than others during 2024, and industry groups warned the market faced...