Economy

A senior economist says the 2024 budget will do little, if anything, to address housing issues in Australia.

The Transport Select Committee has been hearing evidence from experts about why sales of electric vehicles are not meeting government targets.

Household debt is ballooning and consumers are having difficulty keeping up.

Queensland’s net interstate migration is forecasted to soar by 110,000 by 2027-28 at the expense of NSW and other states.

An expert said the scheme benefits wealthier homeowners, channelling taxpayers’ funds towards those who are already financially capable of upgrading.

The producer price index (PPI) has surged 25 percent cumulatively since January 2021.

The Labor government is set to spend $215 billion more than it earns over the next five years.

Sheep are exported live to middle eastern countries but will be stopped after animal rights concerns and farmers will be compensated by a funding package.

‘We need to deal with the debt and the deficits,’ Goldman Sachs CEO David Solomon said.

From housing to gasoline, consumers expect everything will go up in price over the next year.

Six in 10 shoppers reported spending more on housing, insurance, and groceries compared to the same time last year.

Nearly a million California residents are jobless.

‘We just work harder,’ says one Democrat organizer in a purple area.

Social Security and net interest payments topped U.S. outlays in April.

Chancellor Jeremy Hunt declared the economy is ’returning to full health' after GDP expanded by 0.6 percent in the first quarter.

‘Bidenomics is a form of state capitalism,’ Steve Hanke, economics professor at Johns Hopkins University, stated.

First-time applications for unemployment benefits soared by 22,000 to 231,000.

Passengers were stranded as the liquidation took immediate effect, but EY says it is optimistic the airline can return to profitability.