Unemployment holds steady despite surprise drop in jobs
Australia’s jobs market continues to show resilience with unemployment steady at 4.1 per cent in May, despite a surprise fall in jobs. Some 2500 jobs were lost from the economy,…
Israel helping evacuate Australians amid Iran conflict
Israel is helping Australia evacuate its citizens as its bombing campaign against Iran continues, the country’s ambassador says. The first group of Australians fleeing the conflict crossed a land border…
Asian stocks slip as Middle East conflict rages
Stock markets in Asia edged lower while safe havens such as gold and the Japanese yen gained as investors remained on edge over the possible entry of the US into…
US Fed keeps rates unchanged, expects two cuts in 2025
The US Federal Reserve has held interest rates steady and policy makers signalled borrowing costs are still likely to fall this year, but slowed the overall pace of expected future…
Aussies in Israel remain defiant despite Iran threat
As the threat of missiles fly overhead, Australians in Israel are vowing to continue living their lives as normally as possible in an act of defiance. For Australian mother-of-three Emily…
Pedal to the metal for home prices as rates fall
Interest rate cuts and government first homebuyer schemes will put a rocket under property prices over the next financial year. The value of a median house in Australia will grow…
PM may play NATO trump card to score US president talks
Australia’s chances of tariff exemptions remain uncertain as the prime minister returns from an overseas trip without having spoken to Donald Trump. Prime Minister Anthony Albanese’s much-anticipated plans to hold…
Unemployment to hold steady as pay packets swell
Australia’s jobless rate is tipped to remain low, while those seeking new work are in line for a boost to their pay packets. Labour force figures for May, to be…
Treasurer throws down gauntlet for ‘crucial’ tax reform
The groundwork has been laid for Australia’s most substantive attempt at tax reform in more than two decades as the treasurer promises to “grasp the nettle” on the thorny issue.…
UK inflation slows in May but food prices jump
British inflation slowed as expected in May, pulled down by air fares that leapt in April and the correction of a tax data error, although food prices shot up at…