inflation

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What a surprise spike in the unemployment rate means for interest rates and the economy

Official labour force data released on Thursday shows that in the month to September, Australia’s seasonally adjusted unemployment rate jumped from 4.3% to 4.5%.

Wealth creation in India spreads fast, millionaires double in half a decade

With the economy projected to double in the next decade, Hurun expects India’s millionaire households to also double, reaching between 1.7 to 2 million by 2035.

Albanese sets ambitious 2035 climate target with billions pledged for clean energy and jobs

Prime Minister Anthony Albanese said in a statement the goal is both “ambitious but achievable”, designed to drive investment, respond to the science and prepare Australia for the global clean energy transition.

A key measure used to calculate age pension payments is changing. How will this affect your benefits?

For the government, the one-size-fits-all “deeming rates” simplify the way it calculates pensions and other income support payments.

Officially, the unemployment rate is 4.2%. But that doesn’t count all the hidden workers in Australia

Policymakers need to build in targeted pathways that connect their skills to shortage areas.

Inflation eases into Reserve Bank’s target as Chalmers touts Labor’s economic management

Inflation has fallen within the Reserve Bank’s target range for the first time since 2021.

The Australian dollar has hit a 5 year low

On Tuesday midday it was at 0.62, meaning one Australian dollar can be exchanged for 62 US cents.

How having a baby makes it more likely Australian couples rely on the man’s income

The federal government last year announced a plan to end gender inequality, including violence against women, the unequal sharing of domestic and care work and the under-representation of women in leadership.

Mold and high rent: Indian student highlights Melbourne’s housing crisis

Sweta's housing problems highlight growing concerns about the responsibility of property owners and agents and Melbourne’s rental market.

Australians still feeling pain in the hip-pocket but there are positive signs of growth ahead

The annual rate of growth, 0.8% since September 2023, is the slowest since 2020.

Must-read

53-foot tractor-trailer driver Baljeet Singh pleads guilty in deadly pileup, was playing phone game and fled to India

The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.

Indian Premier League could be played in Australia, Adelaide Oval explores plan

The proposal is part of a broader idea to strengthen cricket ties between Australia and India.

Perth toddler Sandipan Dhar’s death ‘probably preventable’ after missed blood test, coroner says

21-month-old Sandipan died in March 2024 after being taken to hospital with a persistent fever that had lasted for weeks.
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