inflation rates

Central banks worldwide are grappling with the challenge of curbing inflation, but there’s one nation that is facing a particularly severe crisis in what is now being dubbed the post-Covid economy. In an attempt to address its alarming…

A controversial article by Christopher Joye, an outspoken investment portfolio manager and columnist for the Australian Financial Review, has sparked outrage amongst young Australians.In a recent piece, Joye labelled Millennials as “soft”…

A new study by Finder has revealed nearly a third of Australians don’t feel equipped to make decisions about their money, as inflation hits levels many have never experienced before. In December 2022, inflation reached 7.8 per cent – its…

The cost of purchasing a home looks to be back on the rise, at least for the time being, in an unwelcome change for those looking to buy a property. The average cost of buying a home in Australia increased by 0.13 per cent in March with the…

The collapse of three major US banks has sent a shockwave through the US, with critics of the financial system worried the government’s bailout will cascade into something far worse.The failure of both Silicon Valley Bank and the New…

A quarterly report on the retail sector from one of Australia’s leading economic analysis firms makes for grim reading, as consumers nationwide penny-pinch amid rising interest rates.Deloitte Access Economics’ report on the December quarter…

Labor minister Anne Aly has conceded nothing politicians say is going to make life easier for people struggling to buy food or meet their home loan repayments.With inflation sitting at 7.8 per cent, its highest level since 1990, MPs from…

People worldwide are more gloomy about their economic prospects than ever before and trust business far more than other institutions like governments, nonprofits and the media in an increasingly divided world, according to a survey…

The cost of living crisis could see Australians paying for essentials for friends and family, rather than exchanging traditional gifts this Christmas. It comes as Australians increasingly turn to loved ones to pay their bills in the lead-up…