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BIZARRE: 3 - You Need To See This

As unemployment drops, so too do expectations of an RBA interest rate cut in the coming months

Michele Bullock has made it clear that curbing inflation remains top priority, but the numbers point to a labour market that isn’t easing as fast as predicted

The Guardian - AU

Interest rate rise unlikely after sluggish quarter of GDP growth, Australian economists say

Spending on Taylor Swift concerts defies pattern of consumers tightening their belts, with CBA predicting a September rate cut

The Guardian - AU

How many cattle are there in Australia? We may be out by 10 million

Official estimates from the Australian Bureau of Statistics put the national herd at 26 million but a University of Queensland study says there could be up to 35 million

The Guardian - AU

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Home price upswing not 'typical recipe' for rate cuts

Confidence may be returning to the housing market due to rate cut speculation but one economist says rising home values could keep the Reserve Bank wary.

AAP

Retail sales rebound but spending appetite is weak

The consumer sector is clearly in pain and prioritising discounted goods, making it a difficult time to be a discretionary retailer.

AAP

Australian shares finish flat as inflation eases

The local share market has closed essentially unchanged after a cooler-than-expected inflation readout reinforced the case that the RBA is done with rate hikes.

AAP

Rent regulations are no silver bullet, but they would help make renting fairer

Virtually every week brings news of rising rents or a story of still more renters forced out of their homes by unmanageable rent increases.

The Conversation

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1 In 3 Young Aussies Are Drinking Excessively, A New Report Into Our Pisshead Culture Confirms

One in three young people are drinking excessively, the Australian Bureau of Statistics has revealed, as a report shines a light onto Australia's drinking culture.

Pedestrian.tv

Promising jobs data fuels hopes of soft landing

Despite a higher-than-expected 61,000 jobs being added to the economy in November, the jobless rate lifted to 3.9 per cent.

AAP

The 7 charts that show Australians struggling as saving falls to near zero

The national accounts released by the Australian Bureau of Statistics show economic growth slid to a measly 0.2% in the last quarter.

The Conversation

Australia's inflation rate now starts with a 4, allowing the RBA to hold fire on rates

Australia’s inflation rate has dived from 5.6% to 4.9% in October, pushing it below 5% for the first time in 20 months.

The Conversation

Easing inflation takes heat off interest rate rises

Cooling inflation figures have improved the chances of the Reserve Bank keeping interest rates on hold.

AAP

Retail sales dip as shoppers hold off for Black Friday

Consumers hit the pause button on spending in the lead up to the Black Friday sales period, official retail trade data suggests.

AAP

Petrol is holding up inflation – the 7 graphs that show what's happening to prices and what it will mean for interest rates

Today’s figures from the Australian Bureau of Statistics show inflation fell in the September quarter for the third consecutive quarter.

The Conversation

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The Guardian - AU

Australia’s jobless rate fell to 3.6% in September despite 40,000 full-time jobs being shed

Unemployment rate was 3.6% in September compared with reported 3.7% in August, the Australian Bureau of Statistics says

The Canberra Times

Gender questions among 'strong' contenders for the 2026 Census

Check what is likely in and what may be out of the next Census.

AAP

Advocates slam politicians for failure on homelessness

The Australian Bureau of Statistics has released Census data estimating more than one in five people experiencing homelessness identifies as Indigenous.

The Conversation

Closing the First Nations employment gap will take 100 years

In 2008 Australia’s federal, state and territory governments set the goal of halving the employment gap between First Nations Australians and others within a decade. That required, by 2018, lifting the employment rate for First Nations Australians from 48% to 60%, with the rate for other Australians being 72%.

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The Guardian - AU

Proportion of Aboriginal inmates in NSW hit a record 29.7% in February

Exclusive: State Aboriginal Legal Service calls for end to ‘over-policing’ of Indigenous people

ABC News

Rising cost of living forces parent to use buy now, pay later services for essential medication

A Mildura mum says she has turned to Afterpay to cover medication for her disabled son while another woman says she would rather go without medicine than pay on credit.

ABC News

Did Treasurer Jim Chalmers keep his facts straight in this week's budget speech?

Treasurer Jim Chalmers used his budget speech this week to spruik the government's credentials and programs. But did he keep his facts straight?

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

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.

ABC News

Milk, cheese prices increase at fastest pace in decades as consumers shop around for bargains

Some of the main staples in Australian grocery baskets have had their sharpest price increases in decades over the past year, according to the Australian Bureau of Statistics.

The Guardian - AU

Renters paying above advertised price for new leases, ABS data shows

Figures point to a trend in landlords leaping on lapsed leases as an opportunity to earn more from their properties

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