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Aussie dollar hits three-month high

The greenback slid against major currencies overnight to push the Australian dollar to its highest level in more than three months. The Australian dollar reached US66.14 on Tuesday morning, its highest since August 10. While markets expect…

Gen Z streaming slump hits Australia

Australia’s lucrative $3bn subscription video on demand market is confronting a new headwind from cost-conscious young Australians, with four in 10 Gen Zs cancelling a streaming service in the past three months.National Australia Bank,…

Wages growth hits 14-year high

Annual wages growth has hit its highest levels in almost 15 years, after significant pay rises for award wage earners and aged care workers came into effect.But the figure likely represents a peak for wages growth, economists said, as the…