The weekend of 8-9 August suggested the nation’s housing market might be stabilising after the national auction clearance rate hit a 12-week high of 51.4%, following 10 consecutive weeks in the 40s.

Data from the Australian ­Office of Financial Management (AOFM) shows that the nation’s total debt ­totalled $983.7 billion as of last Friday. This was set to rise above $1 trillion for the first time ...

Yesterday, I noted new Goldman research showing that Australia is leading the globe in throwing its youth under the AI job-displacement bus. Yesterday’s labour force release confirms this trend at the ...

As price falls spread to a larger and larger share of Australia’s housing markets, commentary continues that the nation could ...

The VIC opposition LNP, which is odds-on to take government, has promised substantial changes to the VIC energy outlook. Its central concern is the looming June 2028 closure of the Yallourn power ...

Australians have been subjected to a long, grinding income recession. The latest OECD data showed that Australia experienced the softest real per capita household disposable income growth in the 11 ...

DXY is sagging. AUD is enjoying China’s magic carpet ride. Scott Bessent has not fixed Japan. The twins of doom are now moving in tandem. AI metals appear concerned. Not so miners. This is a big short ...

The Capacity Investment Scheme (CIS) was meant to accelerate wind, solar and battery investment by using taxpayer subsidies to underwrite revenue. Instead, only 14 of 89 supported projects have ...

In late 2020, the former Coalition government received the findings of the review into Australian retirement incomes, which explicitly recommended against lifting the compulsory superannuation rate to ...

Trump’s announces an unprecedented “crushing economic operation” of more sanctions. Iranian Foreign Minister Abbas Araghchi warned that Washington would only suffer more setbacks as a result of the ...

Following Wednesday’s weaker-than-expected wage growth data, the Australian Bureau of Statistics (ABS) released its July labour force survey on Thursday, which reported rising unemployment. The nation ...

Goldman has released an alarming study on Australian complacency regarding our new and improved AI+immigration growth model. Australia is mid-range in the AI rollout among DMs. But Australia is a ...