Economy

Federal Treasurer Jim Chalmers has confirmed that Australia will not heed the Trump administration’s call to enhance defence spending to 3.5 per cent of GDP. In relation to the NATO …

Recent indicators suggest that the Reserve Bank of Australia (RBA) is likely to implement an interest rate cut within the next two weeks, following a considerable slowdown in underlying inflation. …

New South Wales Treasurer Daniel Mookhey has presented a cautious third budget, marking a shift in focus towards long-term economic reforms while refraining from introducing new cost-of-living relief for residents. …

Australia’s fast food sector is thriving, with annual spending surpassing $30 billion across various franchise outlets. Research by ANZ’s Food, Beverage and Agribusiness Insights reveals that the typical Australian household …

Simon Birmingham, the former finance minister and leader of the Senate, has been appointed the new chief executive of the Australian Banking Association (ABA), the leading body representing banks across …

The Western Australian government has announced its latest budget, which eliminates the $400 electricity credit for households despite a budget surplus of $2.5 billion. This decision comes as the state …

JPMorgan Chase’s CEO, Jamie Dimon, has expressed concern that recent positive economic indicators may soon take a turn for the worse due to the impact of President Donald Trump’s tariffs. …

The global economy is anticipated to experience its lowest growth rate since the Global Financial Crisis, with projections of only 2.3% growth in 2025, as outlined in a recent World …

Amazon has officially launched Amazon Business in Australia, aiming to tap into the lucrative business-to-business (B2B) market. This new service will cater to businesses of all sizes, providing a range …

The fractious relationship between the US President and the world’s wealthiest individual, Elon Musk, is unfolding with the same rapid intensity that marked its inception. As President Donald Trump engaged …