Australian economy
Australia live news: Rupert Murdoch praised by News Corp; Jim Chalmers reveals bigger budget surplus than expected
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Jordyn Beazley
22, Sep, 2023 @2:36 AM
Budget surplus up to $22bn thanks to strong jobs market and higher commodities prices
Despite improved short-term outlook, Jim Chalmers says structural pressures are ‘intensifying rather than easing’
Paul Karp Chief political correspondent
21, Sep, 2023 @9:31 PM
Australian health, wellbeing and connectedness shrinking in the cost-of-living crisis, research finds
Australian Cohesion Index shows material pressures eroding trust in government and in other people, particularly among young and financially distressed
Katharine Murphy Political editor
19, Sep, 2023 @3:00 PM
OECD inflation outlook suggests further Australian interest rate rises possible
Intergovernmental economic organisation warns core inflation across the world remains ‘persistent’ and may require policy action from Reserve Bank
Paul Karp Chief political correspondent
19, Sep, 2023 @9:00 AM
Fast rail axed in $2.5bn budget cuts – as it happened
Go-it-alone approach to building network between Sydney, Newcastle and Wollongong shelved entirely
Catie McLeod
19, Sep, 2023 @6:22 AM
Multimillionaire Tim Gurner regrets ‘deeply insensitive’ comments calling for ‘pain in the economy’
Property developer and Gurner Group CEO says suggestion unemployment should increase by 40% to 50% to create more productive workers was ‘wrong’
Jordyn Beazley
14, Sep, 2023 @8:35 AM
Developer ‘deeply regrets’ comments – as it happened
This blog is now closed.
Jordyn Beazley and Amy Remeikis (earlier)
14, Sep, 2023 @8:17 AM
Australian economy adds 65,000 jobs in August, raising prospect of further rate hikes
Unemployment rate remains steady at 3.7% in a sign that the economy could avoid a hard landing as impact of 12 interest rate rises is felt by households
Peter Hannam Economics correspondent
14, Sep, 2023 @1:41 AM
Tim Gurner’s spray about ‘arrogant’ workers lays bare the economic sadism of our time | Van Badham
The multimillionaire boss who suggested Australia’s unemployment needs to rise exemplifies the dangers of a radicalised lumpenbourgeoisie
Van Badham
14, Sep, 2023 @1:18 AM
Women’s World Cup fuelled uptick in Australian household spending last month, CommBank data shows
Increase in nominal spending contrasts with other recent surveys showing consumer confidence was languishing at depressed levels
Peter Hannam Economics correspondent
13, Sep, 2023 @8:12 AM
AOC takes aim at multimillionaire Australian property developer who wants unemployment to jump
Alexandria Ocasio-Cortez tweeted that CEO pay had skyrocketed, in response to claim workers had become ‘arrogant’ since Covid
Jordyn Beazley
13, Sep, 2023 @6:52 AM
House prices just keep rising – everyone but the Australian government can see it’s a good investment | Greg Jericho
Taking an equity stake in a sector that so far has weathered three of most turbulent years makes financial sense and would improve housing affordability
Greg Jericho
12, Sep, 2023 @3:34 PM
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