After it was revealed the PM would be unable to keep an election tax cut promise to 10 million Aussies, he is set to get some bad economic news today.
For months, the property market was paralysed by the uncertainty of an upcoming federal election. Now two key things are likely to happen.
Millionaire businessman Mark Bouris has launched a passionate defence of his robocalls after he was accused of breaking electoral laws.
Young Australians could be dragged into negative equity and paying thousands more in interests over the course of a loan.
It is supposed to give first home buyers a much-needed leg up — but experts have warned of glaring holes in this radical new scheme.
A 20 per cent deposit is always touted as the magic number needed to score your own home — until you’re hit with another huge cost.
There are some elections you don’t want to win — and this graph suggests this is one of them. Whoever becomes PM may ultimately be doomed.
Both the Liberal and Labor parties plan to lift super contributions but a new report says this will be costly for Australians.
Labor’s pledge to spend $4bn on childcare subsidies sounds glorious but it could be a massive headache for many families and childcare providers.
House prices have notched their biggest annual fall since the aftermath of the GFC, with Sydney and Melbourne extending into record territory.
A damning report on the state of rental pricing in Australia has revealed how dramatically few properties are affordable to low income workers.
It might sound like a good thing, but this plunging number means something has gone horribly wrong with Australia’s economy.
Annual inflation slowed to 1.3 per cent for the year to March 31, falling well short of the already weak 0.2 per cent the market expected.
The most in demand streets in Australia are attracting viewers for an odd reason, new real estate data shows.
It’s a gloomy time for the property market. But one set of figures shows where things might turn around first, writes Jason Murphy.
The number of unemployed Australians increased by 17,100 to 680,000 persons in March, ABS figures released on Thursday show.
The weakening Australian housing market has caused the most popular suburbs list to be flipped on its head.
There is plenty of misinformation out there about tax and lets face it, not many of us are experts. But these graphs tell a surprising story.
Analysts say Labor’s to cut negative gearing will drive up rent, but the Opposition has a big tax concession in mind to help ease the burden.
For decades, one chart has told us all we need to know about the health of the Australia economy. But it hides a growing problem.
This graph reveals what’s really happening in Australia’s slumping property markets — and what’s going to happen next.
A Sydney woman is facing more than a decade in jail after police caught her helping people scam hundreds of thousands in welfare payments.
Even if you don’t own property, a big change Labor wants to make could hit you hard and “crash and burn” housing markets, experts warn.
Two days after Woolworths announced it will close 30 Big W stores across the country, there is a small glimmer of hope on the horizon.
Up to 10 million Australians will be handed a tax relief sweetener as the Morrison government prepares to reveal its first federal budget.
Melbourne’s property downturn is now officially the worst on record as Sydney house prices plunge deeper into uncharted territory.
Labor’s renewable energy investment policy, released today ahead of a federal election, leaves little room for coal-fired power stations.
Sydney’s population growth has slowed due to high house prices and clogged suburbs, with Melbourne set to become Australia’s largest city.
It’s a fairly common sight in suburban Australia — but you’re going to start seeing a lot more of them, and it’s very bad news.
On April 1, nearly half of Aussies will be in for a rude shock which could cost them thousands — unless they act now.
Despite a dramatic downturn in the property market, landlords are ripping us off blind. Here’s how to ensure you don’t pay more.
After weeks of Twitter sledging, financial commentator Peter Switzer will take on “doomsday merchant” John Adams in a live TV debate.
It infuriated Malcolm Turnbull at the last election and caused huge damage to the government. Now, a week before the Budget, it’s back.
A property market analyst forecasts rental prices will rise and the property market will fall further if Bill Shorten wins the upcoming federal election.
Unemployment is at an eight-year low but there’s more to this figure than meets the eye. Hidden is some very bad news for Aussies.
Australia’s unemployment rate has hit an eight-year low, but another feature of the ABS jobs data may be more of an interest rate indicator.
The RBA says economic risks from household debt and the housing market slowdown have increased over the past five months, but not enough to set alarm bells ringing.
ABS figures show the property market’s fall is worsening with the market losing $133 billion of value in just three months.
A collapse in the housing market could spill into the banking sector and send “shockwaves” through the global economy, experts have warned.
Labor won’t say how much it thinks minimum wages should increase by, but has revealed what needs to happen to fix stagnating salaries.
New figures reveal that one million Australians are working two jobs to cope with rising livings costs and stagnant wages.
Australia’s property market has now gone into a “free fall” — and it may never return to its former glory, an expert has warned.
For months, there has been one shining light in the gloom and doom of the Australian economy — but that light could soon be extinguished.
It might have been the fastest backflip in political history. Newly promoted minister Linda Reynolds took just 16 seconds to contradict herself.
The head of Westpac says house price falls and the recent economic slowdown are not due to the banks restricting lending in the wake of the royal commission.
Brace yourselves Australia — everyday things are about to cost more, and your chance of a pay rise has gone up in smoke.
Hundreds of thousands of workers are expected to walk off the job at once on a deeply awkward day for the Prime Minister.
Australia has entered a “per-capita” recession for the first time in 13 years. The government is telling you not to panic, but the news isn’t great.
The real cause of Australia’s falling property values has been revealed — and it all comes down to one crucial, 10-year delay.
Bad news — the rut your pay packet has been stuck in will be there for a while, with new economic data released today showing wages remain flat.
The fight over the future of Australia’s property market has been rocked by an email revealing what the Treasury department really thinks.
A huge amount of Aussies have worked at Macca’s since it first opened in the 70s, with over a million of them under 25.
Prime Minister Scott Morrison has delivered a stinging slapdown of Bill Shorten — and stirred up fears we could be heading for a recession.
Scott Morrison has again warned of the financial consequences of Australians electing a Labor government saying ‘history will show’.
The global economy is “troubled” — and in Australia, every indicator of a looming crisis is “blinking red”, a CEO has warned.
A trade deal between Indonesia and Australia has finally been signed after a months-long delay. But it still faces one last hurdle.
Melbourne house prices have recorded the “largest annual fall we’ve ever seen”, while the decline in Sydney is the worst since 1983.
A ban on Australia’s biggest export by China made the Aussie dollar tumble in the latest sign of deteriorating ties between the two nations.
House prices could fall by more than 40 per cent in the “worst crash since the 1890s depression”, a new report warns. We’re now in stage two of the “bloodbath”.
The supermarket giant has made a bold choice, betting big on robots in order to cut costs and increase profits. But will it pay off?
Labor’s record spending while in power has been used as an attack for years. Wayne Swan, responsible for the debt, says he’s proud of it.
Young people aren’t happy with the Morrison government and there’s one key issue that could be deciding their vote.
There are certain Australians who enjoy lucrative tax breaks while others miss out. And experts say it’s unfair.
Australians have a trillion dollar problem they are trying to break. But like any habit, it isn’t easy.
Australians are being urged to dig deep and join the Queensland floods recovery effort. Here’s a list of the charities leading the campaign and how to do your bit.
When rain started falling in Queensland’s west, drought-stricken farmers cried happy tears — but that emotion quickly turned to heartbreak.
The economy might be weaker than expected, which could lead to a dramatic change of plan for the official cash rate.
One of Australia’s most respected regulators says there is a simple way to endure the banks don’t forget the horrors they’ve inflicted on Aussies.
His fiery appearance during hearings was among the most memorable moments of the royal commission, now Ken Henry has been singled out in the final report.
The long-awaited final report of the banking royal commission has recommended sweeping changes to address the root causes of poor behaviour in the industry.
Experts have been left stunned after Aussie house prices plunged at “the fastest rate of decline ever seen”. And there’s more pain to come.
A Coalition MP went on TV to try and explain the PM’s plan to create 1.25 million new jobs. But it didn’t end well.
Privacy, national security, a shambolic political landscape and Donald Trump. Here’s a look at the things that will keep us awake at night this year.
Australia’s dangerously low fuel stockpiles could leave us exposed and without any reserves after just 22 days.
Our dodgy banks were dragged over the coals at the royal commission — but it could spell “economic disaster” for our country.
It might sound crazy at first, but there’s growing support to merge South Australia and the Northern Territory into one mega-state.
These are the four scary factors that will decide whether Australians will be merry or miserable this time next year.
The New Year is here, and with it another raft of changes to fees, taxes, rules and laws. Here’s what you need to know.
Tax cuts for Australians are looking increasingly likely after the Morrison Government released its latest economic outlook.
The government has revealed a remarkable surge in the budget’s bottom line — but a mysterious $10.8 billion is getting all the attention.
Yesterday, we were warned of an imminent market collapse and economic crisis. But figures out today paint a different picture.
Blood pressure-raising new research has shown how retailers are ripping us off at record levels at the worst possible time of the year.
In a brutal smackdown to South Australia, the NSW treasurer told reporters that “nobody wants to live in Adelaide” while talking up his own state.
Australia is warned to prepare “contingency plans for a severe collapse in the housing market” that could lead to a “crisis situation” in our banks.
Growth had been looking good recently. Economists were optimistic. But when the ABS put out the official figures they were shocked.
House prices collapse, Australia plunges into recession and a $300b bailout is needed to save the banks. Here’s how it could happen.
Violent protests have rocked the French capital, sparking worldwide alarm. The source of the unrest is something Aussies are furious about too.
We spend hours every week stuck in never-ending traffic. Now a graph has shown how bad it really is in Australia.
Journey times could be slashed by up to 75 per cent as the NSW Government unveils a high-speed rail network. Here’s where it will go.
It’s the worst possible news for homeowners. New data shows a dramatic plunge in house prices amid warnings of a $200,000 wipe-out.
If you have wondered how your pay compares to other Australians, some key figures have been released showing what we all earn.
A loophole on travel smartcards has seen commuters get away with $8m in free fares. But the train crush is getting worse.
Sydneysiders will be gloating as a global study has revealed an embarrassing gulf in influence between the Harbour City and Melbourne.
As property prices continue to nosedive, commentators are getting worried about who will pay the most in the event of a housing crash.
House prices have tumbled and investors have fled, but young Aussies hoping to buy for the first time still require this one big thing.
Australia owns 80 tonnes of gold worth $4.4 billion but it’s not even in the country — and the internet is rife with conspiracy theories.