Finance

With all signs pointing to an economic cool-down and further drops in consumer spending, the June rate hike is likely to rattle SMEs running out of expenses to cut.

Data shows the end of inflation will be slower and more fitful than hoped, and the price of fighting it will be higher.

CBD worker numbers in April were still below pre-COVID-19 levels nationally, despite rising in all five cities over the previous 12 months.

The budget papers don’t say how many companies will be affected, but globally the OECD says no more than 100 corporations will have to pay the tax.

A number of community advocates have been pushing for Australia Post to enter the retail banking market as a full-fledged institution.

An inquiry is examining the impact of accelerated bank closures across country Australia and will hear from councils and banks alike.

Despite the in-person meetings in China, Senator Farrell said it would take time for trade relations to return to normal.

The RBA’s latest forecasts now assume no further rate rises will be needed for inflation to fall back to the central bank’s 2-3% target range by mid-2025.

More government plans to support households and businesses through the period of sky-high inflation will be unveiled in the budget on Tuesday night.

Australia's free trade agreement with the United Kingdom will start at the end of the month, Prime Minister Anthony Albanese says.

The decision to hike interest rates again after a month on pause has raised concerns the Reserve Bank could nudge the economy into a recession.

Inflation is likely to keep easing as both the “headline” and “trimmed mean” measures are heading in the right direction.