Finance

A change of government has had little impact on confidence, with the mood of consumers remaining down in the dumps in an environment of rising interest rates, ballooning inflation and a steady climb i …

Australia is in for a period of banking sector turbulence as households deal with rising inflation and mortgage payments, the industry regulator says.“The next few years will be far from plain sailing …

House prices nationally recorded their first decline since September 2020 in May, led by monthly losses in Sydney and Melbourne, the country’s two largest real estate markets.The CoreLogic home value …

Growth in Australia’s manufacturing sector in the early months of 2022 came to an abrupt halt in May, due to supply constraints, labour shortages, rising prices and wage growth.The Australian Industry …

CHANGES TO CONSUMER PRICE INDEX IN MARCH QUARTER:Quarterly change (followed by annual change in brackets)Consumer Price Index – up 2.1 per cent in quarter (up 5.1 per cent annually)Food and non-alcoho …

Australia’s economic recovery has been faster and better than expected, with stunningly low unemployment and soaring commodity prices, but what comes next is unclear.The latest Deloitte Access Economi …

A complete breakdown by sector and what you need to know in relation to the 2022 Federal Budget.ECONOMYBudget deficit of $78 billion in 2022/23Deficit narrows to $56.5 billion in 2023/24, $47.1 billio …

Online retailers resort to all kinds of strategies to separate you from your hard-earned money. Behavioral scientist Wendy De La Rosa names three tactics to look out for — and shares how you can keep …

Forecasts for the unemployment rate have been slashed in the federal budget to levels not seen since the early 1970s.Treasurer Josh Frydenberg will hand down his fourth budget on Tuesday predicting an …

Budgeting is the best way to get your spending under control, right? Behavioral scientist Wendy De La Rosa says there are actually better ways to limit your purchases — and get more satisfaction from …

Economists generally believe it is highly unlikely the Reserve Bank of Australia will lift the cash rate before this year’s federal election due by May.But Treasurer Josh Frydenberg is quick to remind …

Economists expect an interest rate rise is more likely this year after an unexpected jump in the rate of inflation in the December quarter.The Australian Bureau of Statistics said the consumer price i …