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MoneyOlder daters warned of financial pitfalls

Older Australians entering the dating scene are being urged to be “pragmatic” and make sure they have proper plans in place before combining finances.

Cameron Micallef

The senior Liberal said the Coalition shouldn’t have put unity over “interrogating policy ideas,” stating that the opposition should have supported Labor’s tax cuts. Jason Edwards/ NewsWire

POLITICSPromoted Lib concedes election ‘mistake’

A senior Liberal has conceded a mistake in their immediate objection to a major Labor policy during the election, which contributed to the Coalition’s blistering loss.

Jessica Wang

A senior minister said she believes there is a “pathway” for Australia to secure a tariff exemption on steel after Donald Trump doubled the levee on Saturday. Christian Gilles/ NewsWire

FINANCEBig call after Trump’s tariff blow

Donald Trump has stoked outrage after doubling the levy on Australia’s steel exports – but there still might be a “pathway” for an exemption.

Jessica Wang

In March, Australian steel giant BlueScope said it was disappointed not to receive a tariff exemption from the US administration. NewsWire / John Gass

newsAustralia fumes over Trump’s tariff call

Donald Trump has doubled down on an ‘an act of economic self harm’ by threatening to double the steel tariff to 50 per cent, Australia’s trade minister says.

Blair Jackson

Retail turnover was flat in April, according to fresh figures from the ABS.

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RetailComments
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Flat retail sales could force RBA to come to rescue sooner

Flat retail sales in April could force the Reserve Bank to provide additional rate cuts sooner than expected, economists say, after back-to-back public holidays failed to lift spending.

Cheyanne Enciso

After the pandemic lockdown upheavals, companies are forcing more and more workers to commute into the office. NewsWire / Andrew Henshaw

WORKBurnout to blame for productivity slump, not WFH

A major working from home lie has been exposed, as a report from Australia’s Productivity Commissioner casts a new light on the contentious debate.

Blair Jackson

People pictured shopping at the ALDI ski sale at ALDI Chatswood. NewsWire / Monique Harmer

BUSINESSDire sign from Aldi ski sale

Chaotic scenes at Aldi’s iconic annual ski gear sale have not led to empty shelves, which a famous TikToker is calling the latest recession indicator.

Cameron Micallef

The 20 per cent cut applies to all HELP loans, as well as VET loans, apprenticeship supports, student start-up loans and the student financial supplement scheme. NewsWire / John Appleyard

UPDATED3m Aussies slugged with debt increase today

Millions of Aussies with student loans have been slugged with a debt increase - months before a promised 20 per cent cut is enforced. Here’s what you need to know.

Blair Jackson

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FINANCE‘Just stop’: Surprise act hurting homebuyers

Australian first-home buyers would be better off without one thing, as it is simply driving up the price of the housing market, an economist warns.

Cameron Micallef

CBA to cut rates, experts say it’s not enough. NewsWire / Luis Enrique Ascui

NEWSMajor bank reveals huge rate cut

A major bank has announced it will take the axe to its fixed rate home loans on Friday.

Summer Liu

Little Wings CEO Clare Pearson says the charity donates unsold retail stock destined for the bin. (Bianca De Marchi/AAP PHOTOS)

EconomyPush to recover billions wasted in unsold goods

A whopping $4.5 billion worth of unsold goods that could be donated is wasted in Australia, sparking a plea for businesses and shoppers to act.

Rachael Ward

The RBA believes declining labour productivity will rebound into growth by the end of 2025. (Dave Hunt/AAP PHOTOS)

EconomyPace of productivity may determine rates race outcome

Traders are still betting on the Reserve Bank to cut rates at its next meeting, but rising housing costs and low productivity growth will worry the RBA board.

Jacob Shteyman

Six of the 11 sectors finished in the green. NewsWire / Jeremy Piper

MarketsASX snaps four day winning streak

Australia’s sharemarket snapped a four day winning streak during Wednesday’s trading after monthly inflation data came in hotter than expected.

Cameron Micallef

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UPDATEDFresh blow for mortgage holders

Aussies hoping for back-to-back rate cuts have received unwelcome news after the inflation figures for April were released.

Cameron Micallef

Inflation has risen slightly, defying predictions from economists of a fall deeper into the Reserve Bank’s comfort zone.

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EconomyComments
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RBA still has room to cut despite inflation surprise

The latest reading on inflation has defied predictions from economists of a fall deeper into the Reserve Bank’s comfort zone.

Daniel Newell

Former RBA boss Philip Lowe speaking at the Australian Energy Producers conference on Tuesday.

EconomyComments‘We won’t be world-beaters any more’ former RBA boss warns

Former RBA governor Philip Lowe is worried Australia’s prosperity is at risk from political failures to fix productivity and the global move away from free trade.

Matt Mckenzie

Companies are being urged to embrace AI technology to improve their productivity. (Jennifer Dudley Nicholson/AAP PHOTOS)

EconomyAI in sights to build up nation's sliding productivity

It takes an Australian worker twice as long to build a home as it did 50 years ago, making it all the more urgent to fix declining productivity growth.

Jacob Shteyman

Deloitte estimates another 5000 people started working in Perth’s central business district in the 2024-2025 financial year.

EconomyCommentsPremiumPerth CBD grows leads but productivity pain remains

St Georges Terrace and West Perth have been wagered to lead the nation in terms of workforce growth, but Deloitte has warned an outwardly healthy jobs has masked abysmal productivity performance. 

Simone Grogan

The ASX traded flat on Trump; s latest move. Photo: Gaye Gerard / NewsWire

MarketsASX flat on latest Trump tariffs news

Cautious investors barely moved the ASX200 on a quiet day on the market, despite Wall Street rallying on the back of the latest US President Donald Trump walkback.

Cameron Micallef

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newsAussies facing major bill price hike

Aussie households in three states could see their electricity bills go up by up to $228, following a final determination by the energy regulator.

Jessica Wang

Rob Scott is the boss of WA’s biggest listed company

EconomyPremiumWesfarmers boss wants Labor to fire up investment, wages

Rob Scott has urged the Federal Labor Government to take advantage of a ‘once in a generation’ chance to fire up Australian investment and wages.

Matt Mckenzie

President Donald Trump signs executive orders in the Oval Office of the White House on May 5, 2025 in Washington, DC.

EconomyTrump rattles markets with fresh tariff threats on EU, Apple

Fears about President Donald Trump’s trade agenda have been reignited after threats of a 50 per cent tariff on the European Union and a tax on offshore production of Apple iPhones.

Bloomberg

Prime Minister Anthony Albanese and Premier Roger Cook.

The West Australian exclusive
The West Australian exclusive
EconomyCommentsPremium
The West Australian exclusive
Cook issues blunt reminder to Albo about importance of WA

Premier Roger Cook has given Anthony Albanese another not-so-subtle message that WA’s multibillion-dollar mining and resource industry isn’t just good for his State, but driving the nation.

Joe Spagnolo

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FINANCESimple reason Aussies cop $76m mortgage hit

A simple delay is tipped to benefit the major banks and cost Aussie households millions.

Cameron Micallef

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