Trump trade uncertainty raises hopes of more rate cuts
Mortgage holders can expect more rate cuts this year as the Reserve Bank tries to predict where Donald Trump’s tariff “rollercoaster” is headed next. There was little doubt about the…
RBA drops interest rate with real wages due to fall again
The Reserve Bank’s numbers shout that it made a mistake not cutting interest rates in April, as well as yesterday. The forecast drop in real wages underlines the need, Michael…
US authorities to set targets to lower medicine prices
The US Department of Health and Human Services says its is setting most-favoured-nation prescription drug pricing targets following an executive order from President Donald Trump last week aimed at lowering…
Gender pay gap data puts spotlight on public sector
Gender pay gaps at Australia’s biggest public sector employers have been revealed for the first time, showing lower gaps compared to the private sector. However, men account for just 11…
Nationals take pay cuts after axing deal with Liberals
Nationals MPs have put their money where their mouth is as they abandon a coalition arrangement. Half a dozen members have taken a haircut worth tens of thousands of dollars…
Architect of Labor election win to reveal victory path
The mastermind behind Labor’s decisive election victory will lay out how the party secured one of biggest wins in history. In an address to the National Press Club on Wednesday,…
Work in progress: bottlenecks hinder green export hub
Slow project approvals, energy storage gaps and investment uncertainty are proving hurdles to cutting greenhouse gas emissions from heavy industry. For the Hunter, a region eyeing off green industrial exports…
Musk says he’s keen to still be Tesla CEO in five years
Elon Musk says he is committed to staying on as Tesla’s CEO for at least another five years, weeks after the electric vehicle maker’s chair dismissed reports that the board…
Borrowers rejoice as rates cut amid ‘uncertain’ times
A “dovish” Reserve Bank has cut interest rates to their lowest level in two years and raised hopes of more mortgage relief on the way for borrowers. Fears over what…
Controversial gas project hinges on 11th-hour talks
Federal and state politicians have started talks on the possible extension of a massive gas project which faces fierce opposition from conservationists. Environment Minister Murray Watt arrived in Perth on…