2+ hour, 8+ min ago  (404+ words) The US economy grew faster than expected in the third quarter, driven by robust consumer spending, but momentum appears to have faded "amid the rising cost of living and recent government shutdown. Gross domestic product increased at a 4.3 per cent…...

2+ hour, 34+ min ago  (32+ words) Gold rose to a record high - the 50th'day it's done so this year - on escalating geopolitical tensions and prospects for more US rate cuts. Silver also set an all-time peak....

12+ hour, 47+ min ago  (233+ words) Two things must occur for the Reserve Bank to be satisfied that current interest rate levels can bring down inflation, board meeting minutes have revealed. In fact, two things would need to occur to avert rate hikes, the minutes showed…...

13+ hour, 18+ min ago  (470+ words) The Reserve Bank of Australia believes the full impact of three interest rate cuts in 2025 is "yet to be seen" as it prepares for the possibility of hikes next year, minutes from its December meeting show. The central bank left…...

14+ hour, 43+ min ago  (459+ words) The Reserve Bank has delivered a grim update to cash-strapped mortgage holders as the board remains divided over whether interest rates need to rise again. In its latest minutes of the monetary policy board meeting the Reserve Bank of Australia…...

19+ hour, 28+ min ago  (488+ words) Australia's central bank board discussed the circumstances under which it would have to pivot to interest rate hikes in 2026 as inflation risks shift to the upside....

1+ day, 13+ hour ago  (315+ words) Will joined the South Western Times as a reporter in 2025 after completing a bachelor's degree in Journalism, and contributes weekly to the Bunbury Herald. Will is passionate about the environment and loves covering local sports and public interest stories. Have…...

2+ day, 16+ hour ago  (841+ words) Millions of Australians are set to pay more in the new year, as the Australian dollar is set to surge to its highest level in four years. In unwanted news for mortgage holders and a boost to savers, interest rates…...

4+ day, 12+ hour ago  (486+ words) Millions of Australians have splurged during the Black Friday sales period " but not on the items you might expect. Analysis from CommBank iQ shows Australians spending soared to $23.8bn over the two weeks surrounding the Black Friday- Cyber Monday sales period....

4+ day, 13+ hour ago  (458+ words) The Productivity Commission has offered a sweetener for big business in an updated economic reform blueprint, proposing to cut the tax rate to 28 per cent for large corporations. Treasurer Jim Chalmers tasked the commission with a wide-ranging review earlier this…...