Some were surprised that Time magazine made Taylor Swift their person of the year for 2023. A pop star? Are you serious? Last year’s choice for this prestigious accolade was …
The number of days lost to industrial disputes has more than tripled sparking fears businesses will be under increasing pressure from strike action. More than 37,000 working days were lost …
Twelve applications for spot bitcoin ETFs are awaiting approval from the SEC. Delays are commonplace, but the agency is due to make a call on some of the applications as …
US short-term inflation expectations climbed to a seven-month high in November and longer-run price views remained at levels not seen since 2011. Americans expect prices will climb at an annual …
Federal Treasury expects business investment to keep growing — albeit modestly — over the next two financial years despite tough economic conditions and higher interest rates. Figures released late on …
Pickups in China’s consumer spending and industrial output last month provided a needed boost to the world’s second-largest economy, as policymakers continue to weigh support for a recovery beset by …
Australia should prepare for another two interest rate hikes and the chance of the Reserve Bank pushing the cash rate above 5 per cent is “about one in five”, esteemed …
Household consumption and incomes are set to take a battering well into next year as the economy slows under the weight of interest rate hikes and persistent inflation. Economists say …
Treasurer Jim Chalmers has unveiled his overhaul of the Productivity Commission, pivoting the 25-year-old organisation to focus on digital transformation, climate change, an ageing population and geopolitical risks. As former …
Australia needs more interest rate hikes to ensure inflation does not persist for too long, while a tax overhaul, including a higher GST, could help the national budget position, the …