Unemployment rate slides to 4pc in May as jobs market holds tight
Australia’s unemployment rate has slipped lower to just 4 per cent, with a spike in people starting new jobs last month. The figure was in line with forecasts, and the …
Economics
Queensland 2024/25 budget expected to deliver $3b deficit as Miles government splashes inflation ‘relief’
The Queensland government is set to spend big on cost-of-living relief, with the treasurer arguing it will be worthwhile despite the likelihood of a budget deficit. Treasurer Cameron Dick’s fifth …
Reserve Bank of Australia deputy governor Andrew Hauser says ‘toxic’ high inflation must be pushed lower
New Reserve Bank of Australia deputy governor Andrew Hauser says it’s vital for central banks to move quickly and firmly to push inflation lower — because high inflation at its …
Cutting interest rates was easy. But the Bank of Canada still has a credibility problem
Bank of Canada governor Tiff Macklem says the central bank has to rebuild trust with Canadian households. After the last two years of interest rate hikes and messaging missteps, that’s …
Reserve Bank governor Michele Bullock says ‘sticky inflation’ would be met with rate rises
Australia’s economy is very weak but demand is still too high, Reserve Bank of Australia governor Michele Bullock says, and the bank “won’t hesitate” to raise interest rates again if …
Australian economy grew just 0.1pc in March quarter, new figures show
Treasurer Jim Chalmers has warned of another tough quarter for the economy after the tiniest growth in the first three months of the year. The tiny increase of 0.1 per …
Treasury Secretary Steven Kennedy warns of ‘very weak’ growth, says monthly inflation not a particular concern
Australia’s economic growth will be “very weak” as household spending has been crunched from higher interest rates and inflation, Federal Treasury Secretary Steven Kennedy says. Household consumption is one of …
Inflation cooled to 2.7% in April as food price growth slowed
Business·Breaking Canada’s consumer price index cooled to 2.7 per cent in April, down from 2.9 per cent in March, led by a decline in the growth of food prices, Statistics …
Quality of life better in Kochi, Thrissur as compared to major Indian cities like Delhi, Mumbai, Bengaluru, and Hyderabad: Oxford Index
When it comes to factors such as liveability and attractiveness of a city, which can play a role in migration patterns, major Indian cities like Mumbai, Delhi and Bengaluru have …
The Era of Quiet Quitting Is Over. Here’s How to Take Advantage.
Opinions expressed by Entrepreneur contributors are their own. The labor market has found a new normal — again. After the dramatic swings of the Covid-19 pandemic, as well as a …