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FORGOTTEN HISTORY: 8 | History Defined

RBA has more to do to curb inflation as retail and job markets still strong, economists say

Despite fastest interest rate rises in three decades, retail turnover rose in May, when experts had expected a drop

The Guardian - AU

Retail trade beats forecast as sales lure in shoppers

Retail turnover has risen by a stronger-than-expected 0.7 per cent in May as cash-strapped consumers take advantage of sales.

AAP

Banks stick to rate hike predictions – as it happened

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The Guardian - AU

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The millions of Australians in the survivor community are asking: what does justice look like for us?

To have our experience retried near-daily in the kangaroo courts of leaks, political expedience and sloppy journalism looks nothing like justice

The Guardian - AU

COVID didn't change internal migration as much as claimed, new ABS data show

At its height, the COVID-19 pandemic disrupted well-established patterns of migration within Australia. Reports of a regional renaissance suggested city dwellers were moving to regional areas in droves. The governments of Tasmania, South Australia and the Northern Territory were also keen to promote new migration flows to reverse long-standing declines…

The Conversation

International visitors return and revive tourism industry

Australia is receiving millions of travelers as the nation enjoys a tourism renaissance after COVID, new figures have revealed.

The New Daily

Zoe Daniel: Time to right wrongs with much-needed media reform

The absence of media diversity and the resulting concentration of power are leading to lack of accountability in the fourth estate.

The New Daily

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Interest rates could hit two-decade high by August as mortgage stress soars

Australians struggling with the highest interest rates in a decade are being warned to expect one or two more mortgage bill hikes.

The New Daily

Australia’s productivity plunge: why is the Reserve Bank concerned and should we panic?

Philip Lowe cited ‘subdued’ productivity growth when the RBA lifted rates for a 12th time to try to tame inflation. Here’s why it matters

The Guardian - AU

Australian economy grew 0.2% in first three months of the year, the slowest since Covid lockdowns

Jim Chalmers says higher interest rates and cost-of-living pressures are squeezing household budgets and slowing the economy

The Guardian - AU

Michael Pascoe: No, the wage case shouldn’t panic the RBA

The FWC doesn’t want to turn the current rate of wage increases into something that will scare Phil Lowe & Co.

The New Daily

The solutions to Australia’s housing crisis are actually quite obvious

Analysis of recent figures shows the number of housing approvals has not kept pace with the nation’s rising population

The Guardian - AU

Will ABS braking be the next big thing in mountain biking? I rode a Bosch ABS equipped Cube Stereo to find what it's all about

Does using Bosch ABS on an e-MTB give any performance advantages or does it only serve to improve braking safety?

Bike Perfect

Adam Bandt says rents are rising six times faster than wages. Is that correct?

Greens leader Adam Bandt says rents are rising six times faster than wages. Is that correct? RMIT ABC Fact Check investigates.

ABC News

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ABC News

Amid a cost-of-living crisis, meet the people turning to side hustles to make ends meet

More Australians than ever before are working multiple jobs, but despite concerns over burn out, for some people it has become their driving force.

ABC News

Building approvals in single digits in Tasmanian city of Burnie, prompting supply concern

The state's construction industry has expressed surprise and concern at the Burnie figures, especially as the city has traditionally been the economic centre of the north-west coast.

The New Daily

Michael Pascoe: Why you might never see that ‘wage growth’ we hear about

One thing we know for sure about the RBA – it knows even less about the outlook for wage growth than it does about inflation.

The Guardian - AU

The Australian economy lost 27,100 full-time jobs in April as unemployment rose to 3.7%

UBS economist says jobs report ‘weaker than expected’ and makes an RBA rate hike in June ‘unlikely’

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The New Daily

Working more, paid less – the sad truth about women’s wages

Women are working more than men, according to the latest Australian Bureau of Statistics and their pay levels grew slightly faster than men.

ABC News

Six of the 10 most disadvantaged areas in Australia are in Queensland, Socio-Economic Indexes for Areas rankings reveal

Almost 550 Australian regions have been ranked on their level of relative socio-economic advantage and disadvantage. Most of the lowest-ranked areas are in Queensland.

ABC News

Official data confirms Australia in a 'consumer recession' as retail sales drop

Australians are buying significantly fewer goods at shops and department stores, new Australian Bureau of Statistics data show.

ABC News

New South Wales rental crisis could worsen as building approvals slump to record lows, economist warns

ABS data shows total approvals fell in New South Wales by 34 per cent for the first three months of this year, but hardest hit were townhouses, units and high-rises.

Newcastle Herald

The graph that shows how the Hunter jobs market has shifted

The health care and social assistance industry now accounts for one in six jobs in the Hunter.

Newcastle Herald

Hunter women do more free work than men, get paid less

New detailed Census figures lay bare the gender divide when it comes to income, housework and care.

ABC News

The cost of living has reached a record high, businesses are struggling, and interest rates are rising. Is a recession coming?

A day after the Reserve Bank controversially raised interest rates, new data shows living costs are at an all-time high and businesses are contracting, prompting concerns a recession may be on the horizon.

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