Labor will urge the workplace regulator to order a real increase in pay for 2.6 million workers after the RBA chose to keep interest rates on hold.
Asked about the impact of incoming US tariffs,RBA governor Michele Bullock said inflation remained the bank’s main focus as it held interest rates steady at 4.1 per cent.
The US president’s threat to treat Australia’s 10 per cent goods and services tax as a trade impediment has been branded as ‘ridiculous’ by economists.
Peter Crown’s property play for one of the largest land holdings in the Southern Highlands offers a lesson in what can go right - and wrong - amid a boom in private credit.
Home loan customers have been growing more proactive in seeking out cheaper loans recently,especially as interest rates trend lower.
Housing affordability and the cost of living are playing a big part in the decision to have children,but other forces are at play too.
The Fed said it still anticipates two rate cuts by the end of the year but chair Jerome Powell said uncertainty about the economy is “unusually elevated” as it waits to see the impact of Trump’s policies.
CEOs from two major Australian banks have warned that an escalation of Donald Trump’s trade war would harm global economic growth and drive up inflation.
Upsizers from Camperdown were drawn to a Summer Hill property’s history and unique design and paid $1,355,000 at auction on Saturday.
A cut to the cash rate gave the property market a boost in some areas,but other neighbourhoods have been bucking the trend.