Christmas always brings with it a certain warmth and cheer, and yet these days, a lot of people are feeling the pinch financially. As Christmas approaches, people consider all the items they need to buy for friends and family. Because of the current economic climate,...
Australia’s inflation rate may have undershot expectations to hold at the bottom of the central bank’s target band but borrowers should not expect interest rate cuts just yet. The annual headline inflation rate has held at 2.1 per cent in October for a second month, coming...
Australia’s annual headline inflation rate has held at 2.1 per cent in October for a second month, coming in a little below expectations. Despite clocking a second month at the bottom of the Reserve Bank of Australia’s two-three per cent target range, the central bank has...
Australia is waving goodbye to budget surpluses and returning abruptly to deficit, facing a $49 billion deterioration in the bottom line as per forecasts from leading economists. The $15.8 billion surplus logged in the last financial year to Deloitte Access Economics’ prediction of a $33.5 billion...
Failing to secure production tax credits for critical minerals and renewable hydrogen will be a blow to industry and jobs, the federal resources minister has posited in a bid to drum up political support for the key Labor policy. Madeleine King urged the federal opposition, Greens...
Smart devices will be subject to cybersecurity standards and some businesses will have mandatory reporting requirements for ransom payments under new laws. The Albanese government’s legislative package passed federal parliament on Monday, and has given Australia its first standalone Cyber Security Act. Mandatory security standards will apply...