economy-tag-1
Consumer confidence plunges to worst level since 1990s
8 October
Australian households are the most persistently pessimistic they have been since the early-1990s recession, after a fourth Reserve Bank rate rise.Following the RBA’s decision to lift interest rates to the highest level since 2011, confidence among...[Read More]
Debt concerns: treasurer’s era of cheap-money ending
30 September
Because everyone wants your money, you can charge them more for it.That’s the issue facing governments forced to pay investors more for borrowing cash in the form of bonds.The eye-watering sums being raised by artificial intelligence...[Read More]
Aussies reliant on crucial medicines to save on scripts
14 May
More Australians will be able to pick up their prescriptions for less money, as the government boosts medicine subsidies in the federal budget. The Pharmaceutical Benefits Scheme, which regulates prices of life-saving medications, will be increased...[Read More]
Foreign property purchases fall as home buyer ban bites
26 August
Purchases of Australian property by overseas investors have plunged after the government announced a ban on foreigners buying Australian homes.The number of investment approvals fell by more than 22 per cent to 5284 in 2024/25, the Productivity...[Read More]