2+ hour, 50+ min ago   (502+ words) Australia's largest bank has surpassed expectations by growing its profit by five per cent, sending its shares soaring, and prompting one bank watcher to brand it a "stonking result". Commonwealth Bank of Australia on Wednesday delivered a record cash net…...

3+ day, 10+ hour ago   (610+ words) Australia's economy is like a car exceeding the speed limit. Or is it an inflating balloon, squeezing up against the inside of a box? Either way, it's too hot for the Reserve Bank to handle. Fresh data in the coming…...

2+ week, 2+ hour ago   (608+ words) All four big banks are warning borrowers to brace for an interest rate hike after core inflation jumped above the Reserve Bank's forecasts. Economists at Westpac and ANZ on Wednesday dropped their calls for the RBA to stay on hold…...

2+ week, 6+ hour ago   (475+ words) Australia's currency hit a near three-year high against its American counterpart after sticky inflation data raised the odds the Reserve Bank will soon raise interest rates. The Aussie jumped from 69.93 US cents to 70.22 US cents in just two minutes late…...

2+ week, 6+ day ago   (508+ words) Interest rate hikes are back on the near horizon after a surprise drop in unemployment showed the Australian jobs market is stronger than expected. The jobless rate fell to 4.1 per cent in December and 65,200 jobs were added to the economy,…...

4+ week, 19+ hour ago   (312+ words) The chiefs of many "of the world's major central banks have issued a joint statement in support of Federal Reserve chair Jerome Powell , after the Trump administration threatened him with a criminal indictment. Powell is at the centre of a…...

4+ week, 1+ day ago   (407+ words) Borrowers are expected to face higher interest rates in 2026 as fresh data shows the jobs market remains resilient and likely to keep upward pressure on inflation. Employers are still adding thousands of new jobs, while annual wage growth eased slightly…...

1+ mon, 1+ week ago   (543+ words) Wall Street's main indexes have closed lower on Monday, kicking off the final week of the year on a softer note, as heavyweight technology stocks "retreated from last week's gains that had pushed the S&P 500 to record highs. The…...

1+ mon, 2+ week ago   (493+ words) Is the wealth gap between old and young Australians becoming a gulf? Former federal Treasury secretary Ken Henry has declared young workers are being "robbed" by the tax system, while ex-Victorian treasurer Tim Pallas calls the intergenerational wealth gap a…...

1+ mon, 3+ week ago   (543+ words) The business community remains dead against a bold Productivity Commission bid to transform the corporate tax regime, even after it reduced the proposed rate for big firms. The government's economic think tank on Friday released the five final reports from…...