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RBA says rate rise could be on cards as governor says she's not expecting a recession in Australia
via abc.net.auThe Reserve Bank has kept rates on hold at its June meeting, leaving the cash rate at 4.35 per cent, as RBA governor says she's not expecting a recession. -
Live: Market digests hot inflation data, expects to see a 1pc slump
via abc.net.auLots to get to today, with labour force information and some interesting jobs data also due out. Follow the day's events and insights from our business reporters on the ABC News live markets blog. -
A billionaire tax would raise $380 billion a year and make our tax systems fairer, report says
via abc.net.auA global minimum tax on billionaires would help to fix the problems of our broken income tax systems, a new report says. -
Perth property prices tipped to soar, as cost of materials puts brakes on new builds
via abc.net.auProperty prices in Perth have reached record highs in recent months and are expected to rise even further in the coming year, with a prediction they will increase between 8 and 11 per cent. -
No relief in sight for Perth home buyers, with property prices forecast to jump 11 per cent
via abc.net.auPerth property prices have reached record highs in recent months, and are expected to rise even further in the coming year. -
Property prices, inflation rising as pressure mounts on Reserve Bank to hike interest rates
via abc.net.auAustralian property prices are expected to increase by as much as 5 per cent in calendar year 2024, according to the June PropTrack Property Market Outlook Report. -
The 'never never open bridge' was completed six months ago — but residents still can't cross it
via abc.net.auResidents of an estate in Upper Kedron have been waiting six months for a finished bridge to open — and they're running out of patience. -
More foreigners are buying Australian property, but analysts say claims they're impacting affordability are 'completely overblown'
via abc.net.auAfter a downturn during the pandemic, foreign buyers are back. Most are coming from China, Hong Kong and India, with the value of transactions hitting almost $5 billion over the past financial year. It's becoming more common for families overseas to buy property for their children who want to study and work in Australia and eventually become permanent residents. -
Foreign demand for Aussie property running hot, but it's just a fraction of Australia's lucrative real estate market
via abc.net.auAfter a downturn during the pandemic, foreign buyers are back. Most are coming from China, Hong Kong and India, with the value of transactions hitting almost $5 billion over the past financial year. -
'Worked 40 years for nothing': Scammers tricked Lee's super fund and stole 180k
via abc.net.auLee fought the financial ombudsman all the way to the federal court when scammers stole his super. Despite winning he only got some money back and after legal fees he's worse off. -
'This is crazy': Lee didn't know $180,000 of his super had been stolen until he received a letter
via abc.net.auLee fought the financial ombudsman all the way to the federal court when scammers stole his super. Despite winning he only got some money back and after legal fees he's worse off. -
Water supply concerns on the rise in key food-growing region north of Perth
via abc.net.auDeclining rainfall and a 34 per cent drop in water flow results in increased management measures put in place around the major food-producing town Gingin north of Perth. -
New data highlights water supply fears for key WA growing region
via abc.net.auDeclining rainfall and a 34 per cent drop in water flow results in increased management measures put in place around the major food-producing town Gingin north of Perth. -
Today's inflation number is a 'shocker' that puts 'enormous pressure' on the RBA to raise rates
via abc.net.auA higher-than-expected inflation number has dramatically raised the risk that the Reserve Bank will be forced to hike interest rates again as early as August. -
This week's inflation number is a 'shocker' that puts 'enormous pressure' on the RBA to raise rates
via abc.net.auA higher-than-expected inflation number has dramatically raised the risk that the Reserve Bank will be forced to hike interest rates again as early as August. -
'Nasty upside surprise' on inflation ramps up rate rise pressure on the Reserve Bank
via abc.net.auA higher-than-expected inflation number has dramatically raised the risk that the Reserve Bank will be forced to hike interest rates again as early as August. -
'Nasty upside surprise' on inflation increases rate rise pressure on the Reserve Bank
via abc.net.auA higher-than-expected inflation number has dramatically raised the risk that the Reserve Bank will be forced to hike interest rates again as early as August. -
Sydney's Luna Park up for sale for first time in two decades
via abc.net.auThe heritage-listed amusement park on Sydney's harbour foreshore was acquired by an investment firm in 2007, and Luna Park CEO John Hughes says it is the right time to sell. -
Always wanted your own amusement park? There's one with a great view for sale
via abc.net.auThe heritage-listed amusement park on Sydney's harbour foreshore was acquired by an investment firm in 2007, and Luna Park CEO John Hughes says it is the right time to sell. -
Forget the COVID years, international tourists are spending big and breaking records
via abc.net.auAustralia is proving a winner with international travellers, with new data showing they are staying longer and often spending more than before the pandemic. -
Government approves Gina Rinehart-backed gas expansion plans
via abc.net.auSenex Energy will build more than 120 new coal seam gas wells in southern Queensland after Environment Minister Tanya Plibersek green-lit the project. -
The extraordinary deal that kept this port exporting iron ore in 2018 has ended. So what's next?
via abc.net.auEsperance is bracing for a "significant impact" after a mine that accounts for more than half the export trade through the town's port announced it would close. -
Live: Inflation rises in Canada weeks after cutting interest rates, ASX falls ahead of local inflation data
via abc.net.auThe Australian share market is trading lower on Wednesday as investors wait for the latest monthly inflation data for May to be released by the Australian Bureau of Statistics. Follow live. -
Live: Inflation climbs to 4 per cent in May, exceeding economists' expectations
via abc.net.auInflation rose to 4 per cent in the 12 months to May, according to the latest data by the Australian Bureau of Statistics. Economists had broadly expected inflation to rise slightly to 3.8 per cent. Follow live. -
Live: Inflation accelerates in Canada weeks after cutting interest rates, ASX to fall ahead of local inflation data
via abc.net.auAfter Canada's central bank cut interest rates earlier this month, the country's inflation rate has accelerated slightly in May. Meanwhile, Australia's consumer price index data for May will be released later today. Follow live. -
ASX drops as inflation climbs to 4 per cent in May, exceeding economists' expectations — as it happened
via abc.net.auInflation rose to 4 per cent in the 12 months to May, according to the latest data by the Australian Bureau of Statistics. Economists had broadly expected inflation to rise slightly to 3.8 per cent. Catch up on the day's news in the business blog. -
Summer May knew a lack of childcare was harming her career. So she teamed up with another parent to find the proof
via abc.net.auDetermined parents battling childcare waiting list stress have gathered crucial data to advocate for solutions ahead of a Productivity Commission report into the sector. -
Mums who gathered their own data to advocate for childcare solutions finds over 65pc wait more than 18 months for a spot
via abc.net.auDetermined parents battling childcare waiting list stress have gathered crucial data to advocate for solutions ahead of a Productivity Commission report into the sector. -
Mums who gathered their own data to advocate for childcare solutions find over 65pc wait more than 18 months for a spot
via abc.net.auDetermined parents battling childcare waiting list stress have gathered crucial data to advocate for solutions ahead of a Productivity Commission report into the sector. -
Bonza’s directors accused of trading while trading insolvent, creditors may walk away with nothing
via abc.net.auAdministrators for collapsed airline Bonza say the company likely traded while insolvent, with the company's directors to be referred to the corporate regulator for investigation.
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