News
‘Jimflation is running rampant’: Interest rates rise for 14th time under Labor
3+ day, 20+ hour ago (15+ words) Jimflation is running rampant: Interest rates rise for 14th time under Labor'skynews.com.au...
Today’s News Headline: Grim inflation warning as Iran war escalates
4+ day, 6+ hour ago (55+ words) Today's News Headline: Grim inflation warning as Iran war escalates'Sky News Australia Economists warn inflation could hit 6.4 per cent due to the Middle East conflict, the Commonwealth considers cutting the $1.3 billion tax break for electric vehicles. Plus, ex-Cyclone Narelle weakens…...
Recession warning as oil crisis ravages crucial Australian sectors
6+ day, 8+ hour ago (527+ words) The oil crisis could push Australia to a recession in a massive blow to the many industries already struggling with high insolvency rates. Business insolvencies will surge beyond current record levels and Australia could spiral towards recession if the oil…...
Donald Trump’s Truth Social post about five-day pause has ‘desired effect’ on stock market
1+ week, 22+ hour ago (18+ words) Donald Trump's Truth Social post about five-day pause has "desired effect' on stock market'Sky News Australia...
Chief economist warns Australia has ‘no spare capacity’ to absorb price adjustments
1+ week, 4+ day ago (70+ words) KPMG Australia Chief Economist Brendan Rynne explains what consumers can expect to see as an economic impact from the fuel crisis. "Any sort of price shock that we have just feeds all the way straight through to inflation," Mr Rynne…...
Treasury warns inflation could climb toward five per cent as Middle East conflict fuels price pressures
2+ week, 3+ day ago (605+ words) Treasurer Jim Chalmers has revealed his modelling suggests inflation could reach nearly five per cent as the escalating Middle East conflict adds pressure to the Australian economy. Treasurer Jim Chalmers has revealed inflation could climb into the "mid to high…...
Warning inflation could lift to three-year high as fuel prices soar
3+ week, 1+ day ago (581+ words) Australians have been warned that inflation could spike to a three-year high, as the Middle East conflict puts pressure on oil prices. A leading economist has warned that inflation could lift above five per cent as Australians continue to be…...
'Driven by public spending': Chalmers' 'excuses' for inflation problem undercut
2+ week, 6+ hour ago (569+ words) Australians can't pay their mortgages "with Jim Chalmers' excuses", shadow treasurer Tim Wilson has said as the Treasurer warned the Iran conflict will "make this inflation challenge harder." Treasurer Jim Chalmers is under fire for failing to take responsibility for…...
‘We could be looking at the R-word’: Sky News host’s dire economic warning for all Australians
2+ week, 1+ day ago (656+ words) Sky News host Andrew Clennell has warned Australia is heading towards a recession after the RBA hiked interest rates on Tuesday by 25 basis points to 4.1 per cent. It follows the central bank lifting rates a quarter of a per cent…...
'Get on with it': Demand of the RBA ahead of next week’s rates call
3+ week, 22+ hour ago (452+ words) The Reserve Bank of Australia needs to "get on with it" and hike rates in seven days as inflationary pressures plague the economy, a leading economist has demanded. Inflation sits well outside the RBA's 2-3 per cent target band at 3.8 per…...