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Economy
RBA watches jobs figures for inflation clues
Westpac economists expect July jobs figures to show a rise in employment of 15,000, down from June, which should keep the unemployment rate steady.
Economy
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Economy
Property-owning pensioners could get less public money
A change to the nation’s deeming rate from September will decrease the pension offered to seniors who own assets.
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Economy
Click, click, boom: AI mania and war trigger rate fears
Insatiable demand for computing power has pushed up prices for technology products, driving up imported inflation to Australia, a Reserve Bank official says.
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Economy
Bipartisan support leads to closing of widow’s tax
Coalition joins Labor to close widow’s tax loophole as it agrees to support changes to NDIS funding.
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Economy
Road blocks still ahead for national and state budgets
Peak body noted the potential risk of a housing market slowdown on property tax revenue, particularly stamp duty.
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Economy
Fresh data shows national wage growth has slowed
Stats chief says ‘decline in the share of jobs with larger wage rises has contributed to slower wage growth overall’.
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Economy
Labor to better protect your super against dodgy schemes
Assistant treasurer says ‘reforms are designed to disrupt some of the most damaging business models operating in the system’.
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Economy
Retirement savings to be ‘decimated’ under early access
The treasurer has cautioned against a push for Australians to dip into their super early to deal with cost-of-living pressures.
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Economy
States urged to back data centre plan
One state’s plan to act on the water and energy use of fast-tracked data centres could be a blueprint for national reform, a climate group says.
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Economy
Jobs data and a fireside chat: the economic week ahead
Unemployment and wage figures are the pick of the week’s economic data, while traders will tune in to a “fireside chat” with the Reserve Bank deputy governor.
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Economy
‘Don’t stuff it’: Labor relishes One Nation super fight
A call to expand early access to retirement funds to tackle cost-of-living pressures from Pauline Hanson has given the government a boost in a busy week.
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Economy
Real estate group in the red after messy offshore exit
Real estate and construction group Lendlease continues to struggle against a heavy share price, leadership departures and its exit from global operations.
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Economy
Treasurer to vigorously ‘defend’ super against rival parties
One Nation calls for a relaxation of rules around withdrawing retirement savings to help people pay off their own homes.
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Economy
Week of data to help paint economic picture
Consumer confidence, which has been hit by three rate hikes in 2026 and the Middle East oil shock, remains deeply pessimistic.
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Economy
Treasurer must rethink discretionary trust tax
Peak body says ‘creating the right investment conditions is the only responsible, long-term housing affordability solution’.
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Economy
WA in danger of losing its big slice of the GST pie
Productivity boss says ‘system should be brought back to its core purpose: offering all Australians same services and infrastructure’.
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Economy
Highly respected economist joins RBA Board
Jim Chalmers says ‘this appointment will help ensure the Board has the right mix of skills and perspectives’.
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Economy
Long-awaited Sydney Plan set to ‘deliver more homes’
Leading property groups say ‘there is explicit recognition of the importance of providing infrastructure to support new housing supply’.
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Economy
RBA watching growth of AI investment
Governor says ‘main game here for us is excess capacity, a tight labour market, the Middle East conflict, the AI boom’.
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Economy
An eye on the horizon: Sydney plans for next 20 years
The state government has unveiled a 20-year plan for Sydney it says will bring 800,00 new homes, 950,000 jobs that will keep pace with its budging population.
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Economy
Treasurer insists housing growth is a long game
A collapse in property investor lending since the federal budget is good for the economy in the long term, the boss of the nation’s biggest bank says.