News
Grocery giant warns food, staples prices rising, with more increases to come
1+ hour, 24+ min ago (513+ words) April 30, 2026 " 11: 24am Australia's largest supermarket chain says higher prices are already flowing into fresh produce, milk, bread and other staples as the fuel crisis drives up inflation across the economy and, in response, Woolworths says it will freeze prices on 300 items…...
Unprecedented attacks: Fed chair takes aim at Trump as he vows to stay on board
5+ hour, 19+ min ago (869+ words) April 30, 2026 " 7: 28am Jerome Powell said he plans to remain on the board of the Federal Reserve after his term as chair ends next month "for an undetermined period of time," saying the "unprecedented" legal attacks by the Trump administration have put…...
Everyone's getting mugged by inflation " and you've got one man to blame
19+ hour, 3+ min ago (834+ words) April 29, 2026 " 5: 45pm You start one war " and you break everything. The immediate impact of the war, and the closure of the Strait of Hormuz, is obvious in the Bureau of Statistics" March monthly inflation report. Inflation jumped to a three-year high…...
Inflation lifts close to three-year high off back of fuel price surge
1+ day, 53+ min ago (436+ words) April 29, 2026 " 11: 55am Inflation has lifted to a near-three-year high due to a 33 per cent jump in the price of petrol and diesel, but investors believe the chances of an interest rate rise have fallen. According to the Australian Bureau of Statistics,…...
US economy: Donald Trump has a debt problem
1+ mon, 1+ week ago (838+ words) When he first became president in 2017, Donald Trump promised to eliminate US government debt within eight years. Since that promise was made, the debt has almost doubled....
Inflation surges to near-three-year high
1+ day, 47+ min ago (62+ words) Inflation has surged to its highest level in almost three years as borrowers brace for a potential third consecutive interest rate hike to start the year. Updated April 29, 2026 " 12: 00pm, first published 11: 56am...
Grim warning for workers with inflation set to hit a three-year high
1+ day, 8+ hour ago (772+ words) April 29, 2026 " 4: 30am Inflation is set to reach a three-year high as the war against Iran drives up prices on everyday goods, with warnings that the Australian economy could be in the grip of a stagflation slowdown that would drive more than…...
Inflation expected to hit three-year high
1+ day, 6+ hour ago (42+ words) New inflation figures today are expected to show the cost of living nearing 5 per cent. Updated April 29, 2026 " 6: 33am, first published 6: 31am...
Home-buying demand is falling off a cliff. Softer prices are a near-certainty
2+ day, 21+ hour ago (670+ words) April 27, 2026 " 3: 30pm House buyers are increasingly timid and sellers have unrealistic price expectations. That's the market equation feeding into the weekend's anaemic auction clearance rates, which are now approaching lows not seen since the pandemic. Prices should follow clearance rates down;…...
Melbourne's falling house prices threaten to blow billion-dollar hole in state budget
3+ day, 7+ hour ago (985+ words) April 27, 2026 " 5: 00am Falling house prices could throw a multibillion-dollar curveball at the state budget, threatening to blow out Victoria's record debt and delivering a reality check to an Allan government heavily reliant on property taxes. Internal Treasury assumptions, which underpinned the…...