AAP
Aussies forgoing lifestyle for homes in record numbers
30 September
Australians are willing to cut back their spending in record numbers to afford a property, affirming the ongoing value of home ownership, new data shows.More than 75 per cent of residents were willing to cut their spending back to afford a home, a...[Read More]
AI race sets up showdown for middle and global powers
30 September
Anthony Albanese’s face-to-face meeting with Donald Trump in New York during the UN General Assembly was fleeting.The prime minister was at the UN headquarters when the US president gave an almost 40-minute speech in which he threatened to...[Read More]
Debt concerns: treasurer’s era of cheap-money ending
30 September
Because everyone wants your money, you can charge them more for it.That’s the issue facing governments forced to pay investors more for borrowing cash in the form of bonds.The eye-watering sums being raised by artificial intelligence...[Read More]
Labour pains: jobs market too hot for inflation fight
23 September
Australia’s unemployment rate probably needs to edge a little higher to help get inflation back under control, Reserve Bank governor Michele Bullock says.Prefacing her remarks by saying the RBA does not want to see high unemployment, Ms Bullock...[Read More]
Soft landing botched: IMF backs more rate rises
23 September
A global financial body has given the Reserve Bank the green light to hike interest rates and urged Treasurer Jim Chalmers to be bolder on tax reform.With a break-out in price growth hitting Australians’ living standards, returning inflation to...[Read More]
‘Doing what we want’: Labor stands by housing tax moves
16 September
Changes to property tax breaks in the federal budget are working, the housing minister says, as data shows most home vendors are still making massive profits despite a downturn. Clare O’Neil brushed off figures from the Housing Industry...[Read More]
Australians are ‘furious’ about inflation: RBA deputy
9 September
Australians are “furious” about inflation and it will take the nation years to fully get on top on higher post-pandemic living costs, the Reserve Bank’s deputy governor says. Ahead of the central bank’s meeting later this month on interest...[Read More]
Cold start to nation’s normally hot home sales season
9 September
Australia’s peak property season has opened with a whimper, featuring low stock and lacklustre auction success rates. Capital cities hosted just 1462 auctions in the first week of spring – more than 30 per cent down on the figure for a year...[Read More]
AI boom forecast as Australia’s biggest bonanza yet
9 September
The adoption of artificial intelligence is rocketing in Australia, creating massive demand for infrastructure that will deliver jobs and economic benefits. The nation was at the “cusp of a data centre boom”, Oxford Economics head of economics...[Read More]
Four in five businesses still on residential NBN plans
9 September
More than four in five Australian business still run their systems on residential internet plans, despite rapidly evolving technology offering faster options. Reliable, fast system access is essential for Project Epic, which provides disability...[Read More]
Property market to face ‘deeper correction’, bank warns
2 September
Australia’s largest home lender has warned property prices could fall in capital cities by 10 per cent, with the downturn faster and broader than expected.The Commonwealth Bank said in a housing update it expects a deeper correction in the...[Read More]
Small-business owners, women worried about golden years
2 September
Almost three million Australians are expected to retire over the next decade, but not everyone is heading toward their golden years with confidence.Many are still thinking about their “number” – the preferred size of their superannuation pot...[Read More]
Blanket bans on AI could cause ‘data centre panic’
2 September
One-size-fits-all restrictions on how artificial intelligence data centres are powered could send investment in the growing technology overseas, business groups warn.In a submission to a Senate inquiry into AI data centres, the Australian Chamber of...[Read More]
Treasury tips AI as key driver of productivity growth
2 September
Artificial intelligence could be the ticket out of stunted economic growth while risking the future of increasingly high-skilled jobs, according to Treasury advice.In a brief handed to the treasurer, AI has been characterised as a tool which could...[Read More]
Kids leaning into AI as literacy levels decline
2 September
A majority of Australian youth lack confidence distinguishing news fact from fiction as they increasingly source information from artificial intelligence.The 2026 News and Young Australians Report, released on Monday, found just 47 per cent of...[Read More]