One key concern is the rise in underemployment. The share of people who have a job but want more hours climbed to its highest level in more than a year. At the same time, the number of people actually employed fell by more than 21,000. Even the overall labour force…

The S&P/ASX 200 closed 0.3 percent stronger at 8618.40 after a midday dip, with just under half of the index’s sectors finishing in positive territory. The Australian dollar held steady around US66 cents late in the session. A decisive move in bond markets shaped much of the day’s activity. Yields…

With the subsidy scheduled to finish at the end of 2025, many households are anxious to know whether assistance will continue. Treasurer Jim Chalmers has indicated that a final decision will come in December. He explained that the timing allows the government to incorporate the most up-to-date data before locking…

The latest figures from the Australian Bureau of Statistics (ABS) show strong job creation and continued workforce participation. However, the improvement also means Australians are unlikely to see any cuts to interest rates before the end of the year. According to the ABS, the number of people employed rose by…

Announced in September and launched on 24 October, the review forms part of the government’s broader strategy to streamline regulation, lift productivity, and support business efficiency. Treasurer Jim Chalmers has tasked the Board with identifying practical, measurable opportunities to cut unnecessary tax-related red tape. The review will focus specifically on…

The S&P/ASX 200 climbed 1 per cent to close at 8990.90, marking its second consecutive day of growth. The financial sector was a standout performer, led by the big four banks. Commonwealth Bank rose 1.5 per cent after its chair confirmed long-term leadership stability, a factor that typically reassures investors…

The jobs market saw a net increase of nearly 25,000 positions, driven by a surge of 60,000 full-time roles. Female workforce participation reached a record high, with 40,000 additional full-time female workers, while overall participation held steady at 67 per cent. The headline result was broadly in line with forecasts…

The S&PASX 200 fell 17.3 points, or 0.2 per cent and the broader All Ordinaries Index also slipped 0.2 per cent. Six out of the 11 industry sectors ended the day in negative territory. Despite the overall decline, the Australian dollar strengthened, buoyed by a larger-than-expected trade surplus. It climbed…

Despite the ongoing cost-of-living pressures, retail sales surged by 1.2 per cent. This was a stark contrast to the modest rises of 0.5 per cent in May, signalling a notable shift in spending behaviour. Australians were snapping up discounted clothing, footwear, and household goods, leading to higher-than-expected sales figures across…

Despite a surge in international student arrivals in recent years, the RBA’s latest Bulletin finds their overall impact on rental markets and inflationary pressures has been modest. The report examines how foreign student numbers shifted during and after the pandemic, noting a sharp decline in 2020–21 when Australia’s borders were…