New analysis of the national accounts reveals that all of the increase in inflation in the latter half of 2025 was due to increased profits, rather than inflationary pressures from a tight labour market or rising labour costs
The Reserve Bank’s decision to raise interest rates this week was a double whammy for Australians struggling with petrol price increases in the past month that have already cost them more than the impact of the rate rise.
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There have been recent reports that an American company, Energy Fuels, is bidding to takeover Australian Strategic Materials (ASM). The takeover bid is subject to a number of conditions, including government approvals following Foreign Investment Review Board considerations.
New figures from the Australian Bureau of Statistics show that, between June and September 2025, household wealth grew by 3.1% per cent ($500 billion) to $18.4 trillion.
A new study has shown the dramatic impact of climate risk on skyrocketing homeowners' insurance prices
Big business never tires of saying taxes are bad, yet those same companies thrive on the very services taxes pay for.
The big four have now all reported their obscene profits for 2025 as they continue to dominate the Australian market
After the government failed to protect the endangered species, the private sector has taken up the mantle
Solar power is producing more electricity than needed in the middle of the day when the sun is strongest. In turn that has reduced prices to zero in the middle of the day.
Yesterday the Reserve Bank of Australia announced no change in official interest rates. Among other reasons it said “measures of labour underutilisation remain at low rates, job vacancies are still at a high level and business surveys and liaison continue to suggest that a significant share of firms are experiencing difficulty sourcing labour.”
