As the Reserve Bank considers a ban on credit card surcharges, the head of the nation's biggest bank has warned of "wrong assumptions" about the payments.
A stronger-than-expected inflation reading has stunned analysts and dashed any hopes of a Melbourne Cup interest rate cut.
The latest inflation figures are lengthening the odds of a cut in interest rates anytime soon.
The nation's auditor will investigate whether a massive housing fund set up in 2023 was designed correctly and is delivering value for money.
Melbourne Cup day may not prove a winner for borrowers if inflation remains sticky in data released the week before, splitting predictions on interest rates.
Crucial economic data in coming weeks could determine when mortgage holders can expect more interest rate relief, the Reserve Bank board says.
An overhaul of a signature Labor tax plan will cost the budget billions, but the treasurer says it shouldn't be seen in isolation.
Inflation remains a risk in one sector of the national economy which is otherwise sitting pretty, the governor of the nation's central bank says.
Despite predictions that a five per cent deposit scheme will drive up house prices, analysts say the government policy could be good news for the nation's renters.
A new report has put a dollar figure on the impact of Australia's droughts and flooding rains, with the situation expected to worsen as the world gets warmer.
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