inflation

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Albanese promises changes to HELP repayment arrangements to ease cost of living

The minimum threshold for repayments to start would be lifted by more than $10,000 a year, from about $54,000 in 2024-25 to $67.000 in 2025-26.

Inflation is sinking ever lower. Now that it’s official what’s the RBA going to do?

The rate in the September quarter dropped to 2.8%, putting it for the first time within the Reserve Bank’s target range of two-point-something since the March quarter of 2020.

Albanese government cracks down on Shrinkflation

Shrinkflation refers to the practice where the size of a product is reduced while the price remains the same, or even increases.

Oil prices set to rise as Middle East tensions worsen, adding to cost-of-living crisis

The latest data from the US Energy Information Administration lists Iran as the ninth largest oil producer, accounting for about 4% of world oil production last year.

Albanese cracks down on ‘dodgy supermarket practices’, boosts ACCC with additional $30 million

"We’re taking steps to make sure they get a fair go at the checkout."

Reserve Bank of Australia to Hold Steady on Interest Rates Amid US Fed Cuts

The bank has indicated that it plans to focus on underlying price pressures rather than temporary cost-of-living relief measures

International students grapple with soaring living costs and tuition fees

An exclusive look into the lives of these students reveals their financial challenges and their demands for more equitable treatment compared to domestic students.

Australian economy struggles, weakest outside of a recession

Australians who oppose immigration might want to reflect on whether they would prefer a recession.

Australia’s 3.8% inflation rate is concerning, but not enough to trigger a interest rate rise

A rate of 3.8% is what the Reserve Bank had forecast. It is in line with market expectations, and well down on the 6% recorded this time last year.

Trudeau’s economic and migration policies blamed for historic decline in Canada’s living standards

"Weak economic growth combined with a fast-growing population over the last several years have resulted in Canadians experiencing a marked and prolonged decrease in living standards."

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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