The annual rate of inflation has soared to its highest level since 2001, fuelled by rising petrol prices and higher dwelling construction costs. The Australian Bureau of Statistics said the consumer price index for the March quarter surged 2.1 per cent for an annual inflation rate...
CHANGES TO CONSUMER PRICE INDEX IN MARCH QUARTER: Quarterly change (followed by annual change in brackets) * Consumer Price Index – up 2.1 per cent in quarter (up 5.1 per cent annually) * Food and non-alcoholic beverages – up 2.8 per cent (up 4.3 per cent) * Alcohol and...
Taxpayer handouts given to buyers who own two or more investment properties would be scrapped by the Greens as Australia continues to grapple with housing and cost of living crises. New independent data shows more than 10 per cent of houses in some electorates are owned...
Isolation for household contacts of people with COVID-19 is being phased out around the country. Western Australia will from 12.01am on Friday become the second-last state or territory to abolish quarantine for asymptomatic COVID-19 close contacts, in line with national guidelines. NSW, Victoria and the ACT have...
New economic modelling has tallied the likely jobs from replacing Australia’s ageing fleet of coal-fired power plants with wind, solar and batteries, new coal or gas-fired generation. Powering Australian growth for decades, communities in Gladstone in Queensland, the Hunter Valley in NSW and Victoria’s Latrobe valley...
Australia has issued more than 7000 visas to Ukrainians looking to flee the European country in the wake of Russia’s invasion. New figures from the Department of Home Affairs also revealed more than 3000 arrivals have been recorded of Ukrainian nationals entering Australia on any type...