cost of living

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OPINION

An austere Christmas is on the cards – but don’t say recession

Economists have a terrible track record when it comes to predicting recessions.
OPINION

The 7 charts show Australians struggling as savings fall to near zero

For individual Australians, it was even worse – growth per head went backward, in what some economists call a “per capita recession”.
INNOVATION

RBA decides to hold interest rates, bringing relief amidst ongoing economic challenges

The possibility of further tightening of monetary policy will depend on evolving data and risk assessments.
INNOVATION

Reserve Bank of Australia almost certain to raise interest rates after IMF sounds alarm on inflation

Living costs working-age borrowers are increasing at a higher rate than any other, fuelled by a 9.3% growth in mortgage interest charges
OPINION

Petrol is holding up inflation – Let’s understand what’s happening to prices and what it will mean for interest rates

Reserve Bank indicated it would be examining inflation numbers closely when it next meets on Melbourne Cup Day November 7
OPINION

The cost-of-living crisis is the dragon the government can’t slay

September-quarter figures, showing inflation is still uncomfortably high, set off speculation about whether the Reserve Bank will increase interest rates again
INNOVATION

Albanese government delivers on promise: $10 billion ‘Housing Australia Future Fund’ passes parliament

Will construct 30,000 new social and affordable rental homes within the fund's inaugural five years.
OPINION

Higher prices have hit most people but homeowners have felt it harder than renters

First homebuyers who bought within the past three years faced the biggest living cost increase, of 20.5%.
POLITICS

Breathe easy RBA has kept interest rates on hold

Goods price inflation has eased, but the prices of many services are rising briskly
INNOVATION

Breath easy, Reserve Bank hits pause on interest rates

"Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable time-frame."
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Must-read

NEWS

Melbourne family shattered by loss of 16-year-old son, calls for better pedestrian protection

Chris Rua Antony died in hospital on February 20, a week after he was struck by a car while walking home from school along Pound Road in Narre Warren South.
OPINION

Gaza’s endless War: Proxies, misinformation, and the civilians caught in between

Many senior Hamas leaders have lived for years in luxury abroad, in places such as Qatar and elsewhere, far removed from the consequences of the war they help direct.
IMMIGRATION

Albanese and ministers join Ramadan celebrations, encouraging wider community participation

Social Services Minister Tanya Plibersek described Ramadan nights in Lakemba as one of Sydney’s great traditions, pointing to the bustling streets and strong sense of community.
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