Home buyers’ inflation pain almost double the official rate

Home buyers’ inflation pain almost double the official rate

When the ABS factored interest rates into its cost-of-living index,working people paying off mortgages endured the worst inflation.

  • byShane Wright

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China investors in the cold as Chalmers makes security a test for budget largesse

China investors in the cold as Chalmers makes security a test for budget largesse

Anthony Albanese’s Future Made in Australia will be the centrepiece of the May budget. The treasurer will reveal the five key tests for how it will work.

  • byShane Wright
$1 billion for Australian project to build first useful quantum computer

$1 billion for Australian project to build first useful quantum computer

Anthony Albanese will on Tuesday announce the investment to bring a cutting-edge computing company to Australia.

  • byShane Wright
Non-compete clauses in the gun as way to boost wages and economy

Non-compete clauses in the gun as way to boost wages and economy

Treasurer Jim Chalmers has signalled tough action on non-compete clauses after the United States decided to ban so-called “wage handcuffs” on staff.

  • byShane Wright
Australians flattened by biggest tax increase in world

Australians flattened by biggest tax increase in world

Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the developed world as inflation surged,OECD data shows.

  • byShane Wright
A $50k bonus,cheap uni,extra healthcare:the 4400 navy jobs no one wants
Opinion
Jobs

A $50k bonus,cheap uni,extra healthcare:the 4400 navy jobs no one wants

From submarines to aged care,the government and opposition have grand plans. But neither know where the workers will be found for them.

  • byShane Wright
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Chalmers’ high-wire act just got harder
Analysis
Inflation

Chalmers’ high-wire act just got harder

For two years,the Reserve Bank has been talking about negotiating a narrow economic path. But inflation is buried deep in parts of the economy.

  • byShane Wright
Price pressures to ease but Australians hit by record tax take

Price pressures to ease but Australians hit by record tax take

Inflation is forecast to have fallen to its lowest level since 2021 as price pressures ease across the economy,but taxes are now weighing on Australians.

  • byShane Wright
Chalmers prepares for weak economy to hit budget bottom line

Chalmers prepares for weak economy to hit budget bottom line

Jim Chalmers is on track to deliver successive budget surpluses,but a slowing economy may force the nation’s finances back into the red.

  • byShane Wright
Another mortgage cliff faces home buyers and the economy

Another mortgage cliff faces home buyers and the economy

The economy in 2023 survived a surge in people moving from fixed to variable rate mortgages. But there are doubts whether it can do it again in 2024.

  • byShane Wright
‘It is now time to heal’:Higgins breaks silence on Lehrmann case

‘It is now time to heal’:Higgins breaks silence on Lehrmann case

Brittany Higgins has made her first public comments about the defamation case over her rape in Parliament House in 2019.

  • byShane Wright