Sharp Fall In Australian Employment, Dollar Slides
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March 20, 2025
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In an unexpected development, Australian employment dropped sharply by 52,800 jobs in February, as opposed to a 30,000 gain that analysts had... Read More
Aussies Lucky Not To Cop Double-Rate Hike: Reserve Bank
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February 21, 2023
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The Reserve Bank has revealed it was planning to raise the cash rate by 0.5 percentage points at its meeting this month,... Read More
Ninth Straight Hike, Interest Rates Jump To 3.35%
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February 7, 2023
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The RBA has inflicted its ninth straight interest rate rise this afternoon, with the rate now sitting at 3.35 per cent. In... Read More
Booktopia Axes 40 Jobs, Shares Leap 32%
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January 23, 2023
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Online book retailer Booktopia has axed around 15 per cent of its workforce as it attempts to counter falling sales and ballooning... Read More
$30 Billion To Be Wiped From Economy, Warns Chalmers
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July 28, 2022
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Jim Chalmers warned that the worst inflation figures since the introduction of the GST, combined with rising interest rates and global economic... Read More
Wages Rise After Consumer Confidence Drops To Recessionary Levels
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June 15, 2022
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The Fair Work Commission has announced a 5.2 per cent increase to the national minimum wage as consumer confidence plummets to levels... Read More
Oz GPD Contraction Fuels Recession Talk
Latest ABS numbers reveal the Australian economy decreased by 0.3% for the first three months of 2020, alongside the slowest through-the-year growth... Read More
Centrelink Lines Longer Than Ever
Last night Prime Minister Scott Morrison announced a new round of businesses that would have to close their doors, and today the... Read More
Virus Panic Tipped To Hit Economy
SYDNEY: Accounting outfit KPMG has tipped the coronavirus to result in an 0.9 percent hit to the Australian economy in 2020, with... Read More
Click Frenzy Claims Major Impact On Aussie Retailers
Click Frenzy is set to launch its “Mayhem” 28-hour flash sale offering big discounts and exclusive deals on apparel and technology at... Read More
