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The Age has the latest local news on Melbourne, Victoria. Read National News from Australia, World News, Business News and Breaking News stories.
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News
Price wars in perpetuity: Discounts (and Ooshies) usher in Woolies’ resurgence
2+ week, 4+ day ago (638+ words) August 26, 2026 — 4:00pm The supermarket wars have stepped up a notch as Coles continued its run of strong results and Woolworths turned a corner, showing real signs of bringing back the fight to its major competitor. For the first time in years,…...
Retailers on the ropes as consumers all but close their wallets
3+ week, 4+ day ago (624+ words) August 19, 2026 — 3:50pm Punch-drunk retailers are attempting to lift themselves off the mat as consumers give them a dose of their own financial reality, keeping cash in their pockets. At the halfway mark of this year’s earnings season, the shareholder jury has…...
$40,000 wiped off the value of the average house over winter
1+ week, 6+ day ago (822+ words) September 1, 2026 — 12:01am Property values are falling in almost every suburb in the country, with $40,000 wiped from the median value of the nation’s homes through winter as high interest rates, the federal government’s budget tax changes and low levels of affordability crunch…...
Watch: Chinese company unveils ‘Superman’ robot that it says is faster than Usain Bolt
3+ week, 5+ day ago (359+ words) August 18, 2026 — 10:28am China’s Unitree unveiled a new high-speed robot it dubbed “Superman”, days before becoming the first general-purpose robotics company to list on mainland China’s stock market. Unitree, the world’s biggest humanoid-robot maker by sales, will start trading in Shanghai on…...
Nasty shock in new inflation data
2+ week, 4+ day ago (39+ words) Fresh inflation figures have come in higher than economists had expected in a potential blow for borrowers. August 26, 2026 — 12:23pm...
Five charts that explain what’s really happening with housing
3+ week, 4+ day ago (759+ words) August 19, 2026 — 4:04pm The deep drop in new mortgage applications is a stark illustration of how much the housing market has fallen – and some experts are warning we are yet to reach the bottom. Since the May budget, all four major banks…...
High rents a roadblock to productivity
3+ week, 1+ day ago (526+ words) August 23, 2026 — 6:00am The interests of renters are often treated as a footnote in Sydney’s never-ending conversation about property prices. But even with the recent dip in house prices, buying a property remains out of reach for many – especially buying a home…...
Rate rise back on cards despite a step down in inflation
2+ week, 4+ day ago (447+ words) August 26, 2026 — 12:15pm The Reserve Bank’s next meeting may have to consider another interest rate rise after new figures showed inflation failing to slow as quickly as the bank had hoped. The Australian Bureau of Statistics this morning said the monthly inflation…...
Rents rise by up to 80 per cents in parts of Australia
3+ week, 23+ hour ago (49+ words) Rents in some capital cities have risen by up to 80 per cent in the last five years, data from Cotality suggests. August 23, 2026 — 9:35am...
Rents spike up to 80 per cent as people are pushed from homes to units
3+ week, 1+ day ago (848+ words) August 23, 2026 — 5:30am Rents in parts of the nation’s capital cities have soared by 80 per cent since the end of the COVID-era freeze on rents, but there are pockets of the country where landlords are getting less from their tenants than they…...