Australia’s economy posts worst performance since 1992, excluding pandemic
Gross domestic product declines 1.5 percent on per capita basis following successive interest rate hikes.Australia’s economy has posted its worst performance
Australia’s biggest listed casino operator suspended from stock exchange
Star Entertainment Group delisted days after damning report by casino regulator in New South Wales.Australia’s largest publicly traded casino operator has bee
Australia caps international student numbers amid discontent over housing
Education minister says enrolments to be limited to 270,000 in 2025 in bid to create ‘a better and a fairer system’.Australia has announced a cap on the num
New law allows Australians to ignore after hours work calls and emails
Sydney — Australian employees now have the right to ignore their bosses outside working hours thanks to a new law which enshrines the "right to disconnect
Australia greenlights $19bn solar project to export power to Singapore
Australia-Asia Power Link is slated to provide up to 15 percent of city-state’s energy needs once completed.Australia has granted environmental approval for a
Unemployment rate climbs to 4.2 per cent in July with more than 58,000 jobs created
The unemployment rate has climbed to 4.2 per cent in July — its highest level since November 2021 — as Australia's economy continues to slow down.Data from
The RBA has managed to dodge a bullet on interest rates, but dark economic clouds are looming
That's the thing with silver linings. They're usually attached to dark clouds.After salivating for months about the prospect of interest rate cuts and blithely
Australia’s ‘Goldilocks scenario’ is over with a $100 billion fall. It’s hard to tell what happens now
Australian stocks have closed down 3.7 per cent today, wiping more than $100 billion from the stock market.That's the biggest fall since the pandemic lockdown e
‘We are being tossed around on a sea of volatility’: Fears US economy headed towards recession
In short:Global financial markets have fallen on fears the US is heading toward a recession.The tech-heavy NASDAQ lost 2.43 per cent on on Friday, local time, a
300 jobs to be lost as US lithium giant makes further cuts at WA plant
In short:Up to 300 jobs could be lost after lithium giant Albemarle announced a halt on the construction of a third production train.Albemarle operates a lithiu
Why the RBA should hold off on rate hikes
There's a curious thing about openness, communication and transparency. The more people talk, the less we seem to know.Take central banks. In the past decade, t
ANZ warns unemployment could rise above 5pc as ‘over-qualified’ job applicants feel ‘abandoned by society’
In short:ANZ is warning the labour market is poised to deteriorate sharply.Recruiters are reporting hundreds of applications for individual roles.What's next?Th
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