According to chief political analyst at The Australia Institute Amy Remeikis, the Reserve Bank of Australia relies on engineering unemployment to suppress inflation, despite price pressures stemming from supply-side drivers like energy costs and data centre investment rather than excess consumer spending. Speaking ahead of Australian Bureau of Statistics labor force figures, Remeikis highlighted a … Read more
Macquarie Group chief executive Shemara Wikramanayake will retire in November after nearly four decades with the finance giant, leaving office with a direct shareholding valued at more than $375 million, according to company announcements and market disclosures. Chairman Glenn Stevens informed the Australian Stock Exchange on Thursday morning that group head of banking and financial … Read more
Respiratory Syncytial Virus (RSV) cases in Australia are projected to climb to at least 120,000 by the end of winter, surpassing the current case counts for both influenza and Covid-19. According to the Australian Medical Association (AMA) and the Immunisation Foundation of Australia (IFA), more than 83,000 cases have already been confirmed this season, triggering … Read more
The search for a successor to long-time Today host Karl Stefanovic has narrowed to a pool of industry figures, according to reports from news.com.au. While networks weigh their options, industry data suggests a persistent reliance on traditional casting formulas, even as broadcast television faces significant shifts in audience demographics and consumption habits. The Contender Pool … Read more
A majority of Australians are unwilling to pay any additional costs to support the transition to net zero, with 51.7 per cent of respondents rejecting even a $1 increase to their energy bills. According to polling by Compass Polling for Affordable Energy Australia (AEA), concerns over the rising cost of living have eclipsed support for … Read more
Australian Beer and Cigarette Taxes Top Global Rankings, Sparking Industry Warnings Deutsche Bank’s 2026 cost of living index reveals Melbourne and Sydney as the world’s most expensive cities for beer and cigarettes, with prices for five beers and two packs of Marlboros reaching $US111.20 and $US109.50 respectively. The data highlights a “relentless” rise in sin … Read more
The Rise of the ‘Co-Ownership Era’: Why Friends are the New Mortgage Partners For decades, the path to homeownership followed a predictable script: marry, settle down and buy a house as a nuclear family. But as global housing markets reach unprecedented levels of inaccessibility, that script is being shredded. We are witnessing the emergence of … Read more