NSW floods: thousands evacuated from rising waters as Sydney braces for more wild weather East coast low weakening, but up to 100mm of rain expected to lash Sydney on Monday morning The Guardian - AU · Jul 3, 2022
Sydney flooding: communities evacuated and residents rescued as torrential rain batters region NSW State Emergency Service issues emergency alert text messages as severe weather threatens low-lying areas The Guardian - AU · Jul 2, 2022
Sydney and Melbourne set to lead property price tumble, with other cities to follow As interest rates rise, prices are already down 3% in Sydney and 1.8% in Melbourne, with other capitals tipped to follow suit The Guardian - AU · Jun 27, 2022
‘Pandora’s box’: experts say Queensland’s windfall from coal royalties could set a precedent Industry and analysts predict budget measure could provide billions in additional revenue The Guardian - AU · Jun 23, 2022
ASX: Australian stocks close almost 3.6% down after global sell-off on inflation fears Benchmark ASX200 index closes 246 points lower, after falling 360 points in the first 15 minutes of trading on Tuesday The Guardian - AU · Jun 14, 2022
Power shortages could hit eastern Australia as energy market operator scrambles to avoid outages Aemo cancels alert on potential blackouts in Victoria but electricity shortfalls forecast to continue in Queensland and New South Wales The Guardian - AU · Jun 13, 2022
Double-digit drops in capital city property prices likely after RBA rate hikes Borrowers may find themselves in a ‘mortgage prison’ but low jobless rate means most households should still be able to pay off their loan, experts say The Guardian - AU · Jun 9, 2022
First homebuyers will likely be hit hardest by Australia’s interest rate rises Analysts warn economic consequences of RBA’s ‘blunt instrument’ attempt to limit inflation will fall disproportionately on outer suburbs The Guardian - AU · Jun 7, 2022
Interest rates: RBA weighs up risk of ‘climb shock’ ahead of decision Economists split on how much Reserve Bank will lift cash rate on Tuesday as it looks to rein in inflation The Guardian - AU · Jun 6, 2022
Bumper Australian crops unlikely to provide relief at the cash register Despite farmers planting a record 24m hectares this year, higher fuel and fertiliser costs mean produce prices will remain high The Guardian - AU · May 31, 2022
Jim Chalmers banks on capital spending to help ease cost-of-living crisis New treasurer says Labor is ‘not contemplating’ extending fuel excise cut or low and middle income tax offset The Guardian - AU · May 26, 2022
More floods forecast for Australia’s east as La Niña weather pattern lingers Bureau of Meteorology climate report points to big wet in NSW and Queensland extending for months The Guardian - AU · May 24, 2022
Supply chain delays and steel costs are part of ‘perfect storm’ stalling renewable energy growth Covid disruptions in China and rising costs are affecting supplies of solar panels and wind turbine parts, while domestic energy prices climb The Guardian - AU · May 23, 2022
Market response to Australia’s new Labor government will be ‘muted’, economists say Analysts say election of Albanese government will not ‘shift the dial’ on economic forecasts The Guardian - AU · May 23, 2022
The Guardian - AU · May 16, 2022 Coalition super housing policy likely to inflate prices by increasing demand, analysts say Saul Eslake points to ‘unambiguous and unequivocal evidence’ showing such policies lift prices rather than home ownership
The Guardian - AU · May 11, 2022 Markets turmoil and interest rate rises: the economic challenges facing Australia after the election Soaring energy costs, stagflation fears and calls for higher wages are just some of the bumps in the road awaiting a new or returned government
The Guardian - AU · May 11, 2022 ‘Over-the-top alarmism’: economists dismiss concerns wage rises cause inflation Australia’s minimum wage is shrinking compared to median pay, bucking global trends
The Guardian - AU · May 3, 2022 Shock interest rate rise shows Australia’s economic exceptionalism is fading RBA’s decision is, in the words of one economist, ‘a radical revision’. Could this turn a plateauing of property prices into a rout?
The Guardian - AU · Apr 28, 2022 Australia braces for more wet weather with above-average rainfall predicted through winter and into spring Landscape ‘primed for flooding’ with dams at capacity after back-to-back La Niña events
The Guardian - AU · Apr 26, 2022 Consumer inflation tipped to hit 4.5% in March as Australian cost of living soars Petrol, produce and mortgage costs are rising powered by pandemic shortages, flood damage and the war in Ukraine
The Guardian - AU · Apr 18, 2022 Australian wholesale power costs soaring despite Morrison government’s budget claims Spike in prices in part caused by coal-fired power plants cutting output, says analyst
The Guardian - AU · Apr 14, 2022 Australia’s March unemployment rate steady at record low 4%, despite expectations of fall Australia’s economy added more than 20,000 new jobs in March, as experts warn of workforce shortage
The Guardian - AU · Mar 31, 2022 Ukraine president addresses parliament; Putin a ‘war criminal’, PM says – as it happened Follow all the day’s news
The Guardian - AU · Mar 29, 2022 Worst could be yet to come for flood-hit areas – as it happened This blog is now closed
The Guardian - AU · Mar 29, 2022 Australia’s budget is banking on wages outpacing inflation and interest rates, but not by too much Analysis: The Coalition is relying on an assumption that handouts including fuel excise relief won’t fan inflation