Just when the housing crisis could not get any worse, builders in one state have been told they now face a brick ration.
Emma Kirk
Perth motorists are staring down the barrel of $3 a litre for petrol at the same time hard-up consumers face another interest rate hike later this month.
Cheyanne Enciso and Caleb Runciman
WA would be punished for its success in driving investment into the resources sector if the Productivity Commission’s contentious GST redistribution was applied, according to CME boss Aaron Morey.
Cheyanne Enciso
WestpacIQ says Australia’s $175b data-centre boom could rival the LNG boom of the 2010s and add to rate pressure and inflation, as ANZ warns AI risks are growing.
Ryan Johnson
Pauline Hanson has defended plans to massively scrap migration amid warnings it could smash the businesses.
Nathan Schmidt
Mortgage applications from first homebuyers are in the worst freefall since 2022 and sales of brand new homes have tanked, calling into question Labor’s Budget plans to boost housing supply.
Stephen Johnson
Huge dwelling and business investment has officially boosted an Australian state, as it knocked an economic powerhouse off top spot.
Cameron Micallef
Hundreds of jobs related to an ageing part of a major steelworks that’s in an “exceptionally precarious position” are set to be axed on Monday.
Blair Jackson
Major business and farmers groups have called out One Nation’s latest migration plan, which a cabinet minister says would “kill the economy”.
Joseph Olbrycht-Palmer
We are left with a stalled market and higher rates while the lack of housing supply remains unsolved.
Perth drivers have began preparing for more pain at the bowser after global oil exports were threatened by Yemen rebels capturing an island at the entrance to the Red Sea, one of the world’s key shipping lanes.
Brooke Rolfe
Australian fuel prices have surged as the US-Iran conflict in the Strait of Hormuz shows no sign of easing.
Labor has torn up all three headline limits on its proposed start-up tax break after industry criticism, while carving out biotech and medtech from a tougher R&D regime.
Donald Trump’s threat to wipe Iran “out as a country” has delivered a brutal reality check to Australian investors.
Paige Fryer
Signals from senior Reserve Bank officials this week that it will not tolerate higher-for-longer inflation has prompted Citi to push out its terminal forecast for the official cash rate.
Daniel Newell
Australia’s sharemarket has recorded one of its weakest trading days of the year after oil prices surged above US$101 a barrel.
Australian small businesses are carrying $202.2 billion of debt as markets increasingly bet on another Reserve Bank rate rise this month, while paying considerably more for money than the big end of town.
Australian motorists and businesses face higher costs after Brent crude oil broke back above a key level a barrel overnight.
It’s high time decision-makers attempted to live off household budgets that relentless interest rate hikes are imposing on everyday Perth homeowners, a fed up mortgage holder says.
Business leaders have given Canberra a kick over productivity while betting heavily on artificial intelligence to wring more from their own operations, according to law firm Mallesons’ Directions survey.
The Australian dollar has surged to a four-month high amid hawkish comments from the Reserve Bank and oil prices topping US$100 a barrel.
Consumer sentiment is gloomy, the chair of IGA operator Metcash says, but shoppers are still spending because there hasn't been a jobs market shakeout.
Derek Rose
Macquarie has joined its big four bank rivals in predicting Australia’s sticky inflation will force the Reserve Bank to inflict even more interest pain on homeowners before Christmas.
The Reserve Bank's deputy governor Andrew Hauser says Australians are fed up with higher living costs, and want inflation to be brought under control.
Tess Ikonomou
