Shoppers are set to tighten their wallets even further as fresh figures reveal confidence in the economy has plunged to its lowest level since the early 1990s recession.
Cheyanne Enciso
Australian shares have surged following Wall Street’s lead - with the dollar hitting a 23-month peak.
Blair Jackson
The number of Australian job ads has risen 2.2 per cent in September, according to one private sector barometer.
The latest interest rate hike has “badly rattled consumers”, and Australians haven’t felt this financially bleak since the depths of the early 1990s recession.
Consumer confidence has taken another dive as households digest the financial consequences of another interest rate rise that will add even more to their monthly mortgage repayments.
Daniel Newell
Sam Altman was not aware of a breach by OpenAI model of a Medicare data portal when he met with Richard Marles, a Senate inquiry has been told.
William Elliott, Joseph Olbrycht-Palmer, Nathan Schmidt
Employers are not being as supportive as they think they are of victim-survivors rebuilding their lives after domestic and family violence, a new report says.
Emily Woods
Healthcare stocks have lifted the ASX 200 to a flat result at the start of the week on a quiet public holiday for parts of Australia.
Labor’s economic credentials have taken a battering, but one key MP says the Treasurer has been doing an “extraordinary job”.
Joseph Olbrycht-Palmer
Australian motorists could soon pay less at the bowser after the G7 struck a deal that was widely supported by US President Donald Trump.
Cameron Micallef
The homes Australia desperately needs have been approved – but there’s just one problem.
PAIGE FRYER
A sharp rebound in tech stocks has lifted the ASX 200, but analysts warn surging oil prices and Middle East tensions could quickly reverse the gains.
Revelations that a dozen civil servants at Australia’s sovereign wealth fund are on salaries of more than $1m have sparked anger.
Poor policy, high inflation and a global war have hammered Australia’s construction sector, with new figures showing the nation’s housing target is increasingly unachievable.
Cameron Micallef and Emma Kirk
A key measure of Australia’s manufacturing industry has delivered its worst result in almost two years – raising fresh concerns about the sector’s stability.
Recent first-homebuyers who participated in the Federal Government’s 5 per cent deposit scheme are those most likely to have fallen into negative equity, according to Reserve Bank of Australia research.
Adrian Lowe and Stephen Johnson
The number of jobs on offer around the country has fallen again – as unemployment figures paint a troubling picture of Australia’s softening labour market.
Anthony Albanese is continuing to blame the conflict in the Middle East for Australia’s inflation problem.
Aussies who bought their first house with the government 5% deposit scheme have been given bad news, following a new RBA report.
Australian governments have again footed the bill to keep another Rio Tinto smelter running, this time pumping in $200m for one in Tasmania.
The number of WA companies reporting rising cost pressures as a handbrake on growth has hit a five-year high, with the State’s peak business lobby group warning there’s little relief on the horizon.
Australia's overall housing downturn is now deeper than at the same stage of the 2022-23 decline, putting it on track for one of the biggest falls on record.
Jacob Shteyman and Daniel Newell
A key group has been dealt a double blow as rising interest rates erase the benefit of falling house prices.
A Government report has revised WA’s surplus for 2025-26 to $684 million more than was estimated in May’s State Budget, sparking a further spend in hospital infrastructure.
Oliver Lane
