As major banks prepare for a November rate hike, a leading economist warns one more move could plunge Australia into recession.
Thousands of Australians lost their full-time job last month.
The One Nation leader made a resounding return to the ranking after failing to notch a spot last year.
Compare The Market’s David Koch says Michele Bullock should identify the real driver of inflation - and it’s not households.
The Australian dollar did something it hasn’t done for months, but it’s not good news for a large portion of the country.
Wage growth has hit a four-year low, leaving paychecks trailing behind stubborn living costs.
The Reserve Bank’s latest interest rates hold doesn’t do anything for mortgage holders now and comes with a sting in the tail: repeated threats of more pain to come.
The central bank didn’t hand down another hike, but there wasn’t anything to celebrate for weary households.
Inflation figures on Wednesday might have been a welcome surprise, but they didn’t change one brutal truth facing households.
Michele Bullock flagged that more pain may be needed.