Latest in Economy
Postcodes hardest hit by COVID-19 fallout
Scott Morrison has delivered his strongest warning as new figures reveal the postcodes hardest hit by COVID-19’s economic fallout.
Boss takes blame for JobKeeper stuff-up
Australia’s Treasury Secretary has accepted responsibility for the JobKeeper bungle that saw the government over-estimate its cost by billions.
JobKeeper detail that allows early cut-offs
Finance Minister Mathias Cormann has refused to guarantee more workers won’t be kicked off JobKeeper as a Senate hearing turned fiery.
Fury over ScoMo’s ‘broken promise’
Scott Morrison assured Aussies they could “count on” JobKeeper lasting six months. Just days later, part of that promise has been broken.
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Postcodes hardest hit by COVID-19 fallout
Scott Morrison has delivered his strongest warning as new figures reveal the postcodes hardest hit by COVID-19’s economic fallout.
JobKeeper detail that allows early cut-offs
Finance Minister Mathias Cormann has refused to guarantee more workers won’t be kicked off JobKeeper as a Senate hearing turned fiery.
Boss takes blame for JobKeeper stuff-up
Australia’s Treasury Secretary has accepted responsibility for the JobKeeper bungle that saw the government over-estimate its cost by billions.
China issues new warning on Australia
China has released a new warning to students about studying in Australia, as tensions continue to rise between Beijing and Canberra.
House price plunge ‘will hurt poor Aussies’
If property prices collapse as a result of the coronavirus-induced economic crisis, vulnerable Aussies will suffer – not wealthy landlords.
Fury over ScoMo’s ‘broken promise’
Scott Morrison assured Aussies they could “count on” JobKeeper lasting six months. Just days later, part of that promise has been broken.
Inside state’s controversial China deal
It was a secret arrangement that took foreign affairs officials by surprise, and now Victoria’s cosy arrangement with Beijing is back in the spotlight.
China’s $1.5 trillion plan in tatters
China is now “facing its own worst nightmare” as its $1.5 trillion plan to exert influence around the world has been blown apart by the coronavirus.
‘Prepare to be abandoned’: China’s warning
China’s state media has issued a fresh warning for Australia, after a TV appearance by the US Secretary of State sparked a diplomatic storm.
Virus causing ‘human development crisis’
A startling new report warns the consequences of coronavirus will be felt for years, with a measure of human wellbeing at its worst level ever.
Call for answers over China ‘hit list’
Australia’s Trade Minister wants answers from China over reports authorities are preparing a “hit list” of exports to punish Aussie farmers.
Grim forecast for economic recovery
The IMF initially expected the world’s economy would bounce back quickly next year but it now fears a deeper recession will weigh on growth.
RBA keeps interest rates on hold
Aussies have been told to expect low rates for some time, and the Reserve Bank is sticking to its guns by leaving the cash rate at a record low.
RBA keeps cash rate on hold
The Reserve Bank has kept Australia’s official interest rate at 0.25 per cent as the coronavirus continues to wreak economic havoc.
RBA keeps cash rate on hold
The Reserve Bank has kept the interest rate at 0.25 per cent as the country grapples with the economic fallout from the coronavirus.
Massive Budget deficits forecast
Deloitte is forecasting massive budget deficits over the next few years and a slump in economic growth as a result of the coronavirus pandemic.
COVID’s ‘second round’ impact on Aussies
Australia is putting billions into its coronavirus response but one expert has warned of a “second-round” impact that could cost it even more.
PM considering Rudd-style cash handout
After previously ruling it out, the Government is understood to be considering a cash handouts as part of its surplus-busting stimulus package.
