Poppy Johnston
‘Shock after shock’ poses inflation risk: RBA boss
The head of the Reserve Bank of Australia is alert to the conflict in the Middle East adding to other shocks already...
Households bracing for more energy, petrol pain
Many Australian households are bracing for more power price pain even as they take steps to adapt their behaviour to use less...
Consumer confidence loses ground in latest figures
The mood among Australian consumers has darkened again after drifting in a more hopeful direction for a few weeks. Consumers are also...
Youth jobs hit as spending slowdown drags on hiring
The pace of hiring in retail, hospitality and tourism businesses is starting to slow as consumers rein in their spending. The Employment...
Borrowers cutting back with more pain to come: RBA
Recent interest rate hikes are expected to slash household spending by between 0.4 and 0.8 per cent, the Reserve Bank estimates. The...
One in three first-home buyers tap into federal scheme
One in three Australian first-home buyers took advantage of the federal government’s home guarantee scheme in the past financial year. This was...
Week ahead brings plenty of clues about where the economy is going
Australian businesses have so far managed to keep the wheels turning even as the economy sours. A survey of the business sector...
Higher repayments eating deep into borrower incomes
The proportion of Australian mortgage holders sinking at least a third of their reported income into monthly repayments has grown sharply. Borrowers...
Transport spending accelerates as cost of petrol surges
Australian households are spending more getting from A to B as the cost of petrol surges and holiday travel picks up. Household...
Services sector shakes off higher interest rates
Australian businesses remain in pretty good shape but still-high costs for shipping, fuel, and labour suggest inflation is lingering. Fresh signs of...