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Latest News and Updates from Category: Economy

ANZ, Macquarie defy the pack with fixed rate cuts as big bank rivals push higher

June 5, 2026 No Comments

ANZ and Macquarie Bank are doing their own thing in Australia’s home loan scene. Last week, ANZ chopped its two and three year fixed rates ...

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Albanese government’s sweeping tax overhaul clears lower house, setting up Senate showdown

June 4, 2026 No Comments

The federal government’s plan to change capital gains tax and negative gearing passed the House of Representatives, overcoming the first big hurdle in what could ...

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Albanese makes it personal as he defends Labor’s housing tax

May 24, 2026 No Comments

Australia’s Prime Minister Anthony Albanese has taken an unusually personal approach in defending the current government’s overhaul of negative gearing and capital gains tax discounts. ...

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NAB pushes back rate hike call to August as jobless rate climbs to 4.5pc

May 22, 2026 No Comments

National Australia Bank has revised its projection regarding when the RBA will make its next interest rate hike following a lower than expected jobs report ...

Coen

Casual roles climb as fulltime hiring weakens under economic strain

May 18, 2026 No Comments

This trend is rapidly gaining momentum as the weakening Australian economy compels employers to rely heavily on casuals and part timers. According to Australian Bureau ...

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Wall Street’s ‘Hindenburg Omen’ fires twin warning as rare crash signal flashes

May 15, 2026 No Comments

The Hindenburg Omen, a stock market phenomenon, has flashed on both the NYSE and the Nasdaq overnight and is raising questions regarding whether the all ...

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Chalmers takes shot at Hanson as investors warn renters will pay for negative gearing changes

May 13, 2026 No Comments

During Treasurer Jim Chalmers’ post budget address at the National Press Club on Wednesday, the politician used an unspoken warning to Pauline Hanson as part ...

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Chalmers prepares ambitious tax overhaul and savings drive in Tuesday’s budget

May 11, 2026 No Comments

A federal budget will be announced by Treasury Secretary Jim Chalmers on Tuesday evening, and it is touted to be the most responsible budget in ...

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Victorian Budget 2026: All the winners and losers from this year’s budget

May 5, 2026 No Comments

In a bid to highlight her role as treasurer, Jaclyn Symes has announced the state budget for the Allan administration for the financial year 2026/27. ...