Yesterday
‘Heartbreaking’: Melbourne stores bite the dust as workers stay home
Small-business owner Chelsea McIntosh has been forced to close down six out of seven gift shops she ran in Melbourne’s CBD as the retail sector has been rattled.
- Gus McCubbing
This Month
- Opinion
- Chanticleer
Qantas case a timely warning for money-spinner Transurban
The flying kangaroo’s drama is relevant for Australia’s dominant toll operator, which is returning more cash than ever to investors despite political pressure.
- Anthony Macdonald
New signs of weakness in US economy, as consumers halt spending
Disney theme parks, Airbnb home rentals and Hilton hotels are among the latest companies seeing weaker consumer demand.
- Gregory Meyer, Anna Nicolaou and Christopher Grimes
July
- Opinion
- Chanticleer
The Good Guys debacle reveals inflation’s unexpected consequence
When inflation peaked at 7.8 per cent 18 months ago, no one could’ve predicted how it would affect some of our big brands.
- Anthony Macdonald
How the 50/30/20 budgeting hack can unlock your finances
This straightforward strategy suggests dividing your income into three buckets: needs, wants and financial goals.
- Holly Thomas
Which states are in ‘the slow lane’ for retail spending?
Retail sales in Victoria and Queensland are lagging the rest of Australia on a per-person basis, while Western Australia tops the spending charts.
- Updated
- Ronald Mizen
June
Saving less and spending less: why Australian households are unique
Australians are saving much less than their global peers as mortgage repayments and tax bracket creep eat into disposable incomes.
- Michael Read
Winners and losers in the NSW budget
Prospective homeowners, essential workers and developers are the biggest winners, while middle-income households facing cost of living pressures lost out
- Campbell Kwan
The Aussies fuelling a travel boom that’s defying the cost crunch
Interest rates and inflation are up, but hundreds of thousands of Australians are still managing to holiday abroad this year – sometimes helped by mum and dad.
- Euan Black
May
Pub would have to charge $20 a beer to survive. It’s closing instead
Popular watering hole The Carringbush Hotel in Melbourne’s inner city is closing down under the weight of rising costs.
- Gus McCubbing
Albanese’s crucial test: will people buy his big vision?
The prime minister has unambiguously embraced a bigger role for government in Australia. The Coalition, in turn, sees an opportunity.
- Ronald Mizen
Chalmers’ budget to fight inflation first, spend up big second
Treasurer Jim Chalmers says his budget next week will avoid a “scorched earth” approach to fight inflation, but spending will come in the out years.
- Ronald Mizen
April
Economists dispute Chalmers’ downbeat growth tone
Leading economists have dismissed Treasurer Jim Chalmers’ pessimistic assessment of the global economy, and say it should not be used to justify inflation-boosting spending.
- Ronald Mizen
Emerson rejects ‘populist’ supermarket break-up call
An independent review has rejected the forced break-up of Coles and Woolworths, finding the ideas backed by the Coalition and Greens lacked “credibility”.
- Ronald Mizen
Bunnings may be caught by tougher grocery code
The hardware giant controls 70 per cent of the retail horticulture market, more than Woolworths’ and Coles’ 65 per cent share of supermarkets, prompting suppliers to raise concerns about its buyer power.
- Ronald Mizen
CBA joins banks quietly cutting interest-free days on credit cards
The big banks have all been slowly lifting their rates, while Commonwealth and Westpac have also increased annual fees.
- James Eyers
March
- Exclusive
- Tourism
Swift Lift: Domestic travellers splashed $170m during Taylor’s tour
The average interstate and regional concert-goer spent $500 including $37 on clothing and accessories and another $120 on attractions.
- Samantha Hutchinson
Government tax take and spending nears record high
Economists are urging Jim Chalmers to focus on paying down debt instead of increasing spending, as new analysis shows the tax take has hit 30 per cent of GDP.
- Michael Read
Health insurance premiums are rising. See how your fund compares
Almost 15 million private health insurance customers will see their premiums rise by an average of 3.03 per cent on April 1.
- Updated
- Michael Read
February
NSW Libs used $5b fund for ‘pork-barrelling at public’s expense’: Auditor-General
The state’s audit office found the signature WestInvest program was poorly designed and put the state’s AAA credit rating at risk.
- Samantha Hutchinson
