TOPIC
The 2026 global economy: nervously muddling through
The world economy enters 2026 in a nervous state. Volatility and cautious consumers are the norm, even though growth has proven surprisingly resilient.
Inflation surprisingly eased last month as supply bottlenecks cleared
The monthly consumer price index (CPI) rose 6.9 per cent over the year to October, down a little from the 7.3 per cent headline inflation rate...
Victorian restaurant charged for wage theft in landmark case
The charges against Rehmat & Mehar Pty Ltd (trading as The Macedon Lounge) and its officer are the first criminal wage theft charges laid...
Consumer confidence rises for 3rd consecutive week
The index rose 1.8 per cent nationally but among the states declined in NSW and South Australia. ‘Weekly inflation expectations’ dropped 0.1...
New fuel app can save small businesses thousands
Now they can find out when and where to get the cheapest fuel for their vehicles, which has the potential to save them thousands of dollars. The...
Australian microbusinesses on the rise
The data comes from the Australian Banking Association’s 2022 Small and Medium Enterprises Lending Report, which found not just microbusinesses...
Environmental Budget Summary
While most of the budget focused on cost-of-living pressures, climate change was framed as a fundamental economic challenge, linked to public...
Credit card complacency is costing Australians thousands
New research from Finder has shown that 55 per cent of Australians have never changed their credit card and it’s costing them hundreds of dollars...
AI a step closer for financial services sector
The UNSW AI Fintech Hub will bring together industry-leading researchers and businesses, including Amazon Web Services and Databricks, to tackle...
Mixed news on the retail front
According to the ARA, retail sales continue to show robust year-on-year growth, with $35 billion spent in stores and online in October — an...
Real wage growth now will push rates higher, warns Lowe
“As difficult as it is, we’re going to get better outcomes over the medium term by accepting some modest reduction in real wages this year, and...
