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Economy improvingPremiumLockdown rebound sparks boost for national growth forecast

Federal Treasurer Josh Frydenberg says the Government’s forecast for economic growth next year will be stronger then predicted in the May Budget when he hands down his mid-year review later this month.

Daniel Newell

Week aheadPremiumNo change likely at final 2021 RBA meeting

Economists do not expect any policy change when the Reserve Bank of Australia holds its final board meeting for the year this week.

Colin Brinsden

TruckiesPremiumBig problem for Aussie truck drivers

Australian truckies are facing a looming shortage of a crucial product, which could cause supply chain chaos for customers.

Duncan Murray

Labour squeezeCommentsPremium2022 rate hike still possible, warns JBWere

Australia’s unemployment rate is likely to fall to the ‘low fours’ next year, sparking an eagerly awaited increase in wages growth and creating conditions for interest-rate liftoff, says JBWere’s Sally Auld.

Swati Pandey

Major barriersCommentsPremiumOne-third of people with disability in work earn under $20k

About one in four Australians with disability are unhappy with the amount of work they get and do not earn enough, new polling has revealed.

Adrian Lowe

EconomyWoolworths' bid for API trumps Wesfarmers

Woolworths has made an $872 million bid for Australian Pharmaceutical Industries and has bettered an offer from Wesfarmers.

Steven Deare

politicsPremiumAussie law could hit Chinese officials

Chinese officials responsible for human rights abuses and Vladimir Putin’s cronies could soon face major sanctions from Australia.

Ellen Ransley

GDP slipsCommentsPremiumAustralia thanks WA for ‘good boost’ to economy

Treasurer Josh Frydenberg praises our State’s economy as the latest national data laid bare the effects of long lockdowns in Eastern States.

Adrian Lowe and Sarah Ison

PROPERTYPremiumHuge win for renters to save ‘unfair’ costs

Australia’s renters have scored a massive win that could save people tens of thousands of dollars in ‘unfair’ costs.

Alex Druce

breaking
breaking
UpdatedComments
breaking
Australia’s GDP crashes backwards

The economic cost of the Delta strain hitting Australia has been revealed in startling new figures showing the second biggest contraction in 47 years.

Ellen Ransley and Rebecca Le May

TradePremiumChina buckles on Aussie coal ban

Energy shortages have forced China to snap up Aussie coal for the first time in almost year after diplomatic tensions caused an unofficial ban.

Rebecca Le May

Dig deeperComments3 key indicators to watch in crucial GDP data

Australia’s economy probably posted its second-largest contraction on record as businesses were forced to shutter and States sealed borders to try to contain a raging outbreak of the Delta variant.

Swati Pandey

Building bridgesPremiumRBA seeks insight of Indigenous issues

Reserve Bank deputy governor Guy Debelle has addressed an Indigenous economies symposium with other international central bank officials.

Colin Brinsden

Keeping talentFirms must do more to retain staff: report

New analysis show firms are finding increasing difficulty in retaining staff at a time of skill shortages in the wake of COVID-19 lockdowns.

Colin Brinsden

New variantCommentsPremiumBusiness waits on Omicron facts and government direction

Business leaders are urging Australian governments not to rush into ‘knee-jerk’ decisions until the threat from the new variant is better understood.

Sean Smith

‘Sit tight’PremiumAustralia’s recovery may see ’some setback’ from omicron

The omicron virus strain could result in “some setback” to the Australian economy’s recovery from recent lockdowns.

Swati Pandey

UpdatedPremiumHousing issue that’s only getting worse

Australia is in the grips of a housing crisis, with one vulnerable group in particular ‘just trying to get out’ because of this issue.

Anthony Piovesan and Catie McLeod

WA realityCommentsPremiumWhat happened to the so-called ‘great resignation’?

Post-pandemic, workers were supposedly set to quit en masse in search of greener pastures. It’s failed to eventuate in WA, with indicators suggesting people are staying put.

Adrian Lowe

Going upPremiumCBA follows big lenders in rates hike

The Commonwealth Bank has followed fellow big-four lenders in hiking mortgage rates.

Daniel Newell

WA leading the way in Australia’s solar success story

Blessed with an abundance of natural resources – more sun than anywhere else in the world and ample land – Australia’s renewable energy potential abounds.

Australian Government

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Sovereign riskCommentsPremiumDebt costs to surge without effort to reach net zero

The admission, buried deep in an annex of a long-term emissions reductions plan, may be the first such analysis published by a major government on the climate risk to its sovereign debt.

Libby Cherry and Greg Ritchie

Sales boostPremiumRetailers benefiting as economy rebounds

Economists expect retailers enjoyed a solid two per cent increase in sales over October as the economy recovers from recent COVID-19 lockdowns.

Colin Brinsden

Personal financesSurprise amount people have in savings

Startling new figures show how Aussies keep hoarding their cash in the bank after almost two years of lockdowns.

News Corp Australia

Buying bonanza CommentsBlack Friday tipped to drive bumper sales for WA retailers

WA shoppers are tipped to spend $560 million in the next four days as Black Friday sales fever kicks in.

Adrian Lowe