Taylor Swift gave retail a boost,showing up the rest of the economy

Taylor Swift gave retail a boost,showing up the rest of the economy

Not even a blast of spending from Swifties in the nation’s two largest states was enough to shake off growing signs the economy is slowing.

  • byShane Wright

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We’ve stopped splurging – but have we finally tamed inflation?

We’ve stopped splurging – but have we finally tamed inflation?

The latest monthly data shows there’s no sign of inflation heating up again,but in a couple of areas there is still little reprieve.

  • byRachel Clun
Albo behaves like a celebrity. We need him to be a prime minister

Albo behaves like a celebrity. We need him to be a prime minister

Anthony Albanese got engaged,went to Taylor Swift,Katy Perry and the tennis. Meanwhile,he allows his government to drift on homeownership,cost of living and inequity. Alarm bells should be ringing.

  • byShaun Carney
Government promises up to $250 for each school-aged WA child

Government promises up to $250 for each school-aged WA child

However,families with kids in childcare will miss out and the policy will not be means-tested.

Just how much of a pay rise can you expect this year?
Analysis
Pay

Just how much of a pay rise can you expect this year?

The first real wage increases in three years are expected to hit bank accounts this year,easing inflationary pressures in households.

  • byNina Hendy
CBA breaks $200b valuation as ASX hits record high

CBA breaks $200b valuation as ASX hits record high

Commonwealth Bank’s market valuation has broken through $200 billion for the first time,as investor hopes of interest rate cuts sparked a rally in bank shares and lifted the market to a record high.

  • byMillie Muroi
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Election v emergency:Jim Chalmers faces collision between budget politics and economics

Election v emergency:Jim Chalmers faces collision between budget politics and economics

The treasurer has started laying the ground for a change in budget direction,as threats to the bottom line grow and the government heads towards an election.

  • byShane Wright
Australia’s economy has grown – but only just

Australia’s economy has grown – but only just

Treasurer Jim Chalmers said slow growth was still significant as the economy continued to grapple with interest rate rises,inflation and global uncertainty.

  • byRachel Clun andShane Wright
High-end collectors tighten their belts as rising cost of living bites

High-end collectors tighten their belts as rising cost of living bites

Cost-of-living pressures show no favours,with the ultra-rich tightening their belts as demand slumps for high-end art,upmarket jewellery and handbags,and collectable cars.

  • byCarolyn Cummins
Rates,inflation and tax combination hitting economy hard

Rates,inflation and tax combination hitting economy hard

The Australian economy may have contracted through the final three months of last year as taxes,interest rates and inflation flattened consumers.

  • byShane Wright
We’ve changed our spending habits so dramatically that inflation has to be recalculated

We’ve changed our spending habits so dramatically that inflation has to be recalculated

The pandemic kept us at home,battling for loo rolls and feeding our sourdough starters. Australians’ spending patterns changed,and have continued to evolve.

  • byShane Wright