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The Latest Breaking News from ABS

Reality bites: gen X are poorer, less likely to own a home and are now turning towards One Nation

Australians in their 40s and 50s are struggling with low wages growth, rising inequality and falling rates of home ownership – and many are feeling left behind

The Guardian - AU

Nicotine use soars by 40% in eight years as Australian black market explodes

Australian Bureau of Statistics estimates nicotine consumption rose 40%, with illicit sources accounting for 80% of all tobacco

The Guardian - AU

New data lights up enormity of tobacco black market

New wastewater analysis of nicotine consumption in Australia shows black market tobacco makes up a much larger share of sales than previously thought.

AAP

From analysis to the latest developments in health,
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How flu overtook COVID as Australia’s deadliest respiratory virus

Many Australians have stopped worrying about respiratory viruses. The pandemic has passed and attention has shifted. COVID no longer dominates the headlines, and influenza is often dismissed as a routine winter illness.

The Conversation

Almost 3 million workers will get a 4.75% pay rise in July. But wages can’t catch up with inflation

Around 2.8 million of Australia’s lowest-paid workers will get a 4.75% pay rise from July 1 this year, after the latest Fair Work Commission annual decision on award wages.

The Conversation

Emergency cyber specialists hired to save $726m 2026 census rollout

Audit finds critical cyber risks ahead of 2026 census.

The Canberra Times

Admin 'error' leads watchdog to wrongly accuse agencies of flouting rules

'Not sure of the methodology the DTA has applied,' an email said.

The Canberra Times

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Data centres drive record $6 billion investment boom

A spike in spending on equipment needed to power AI has underpinned strong growth in business investment, despite a slowdown in consumer spending.

AAP

No, federal government does not spend $1tn each year

A social media post makes multiple claims about how much the Australian government spends each year, but several of the figures are wrong.

AAP

Inflation eases to 4.2% but interest rate rise still on horizon, economists warn

Inflation dipped in the year to April as the government’s fuel excise relief kicked in, but price pressures remain and experts predict RBA may still raise cash rate

The Guardian - AU

Falling fuel prices bolster hopes for RBA rate reprieve

A cut in the fuel excise caused annual headline inflation to fall, but the underlying impulse for price pressures is still gathering steam.

AAP

Who Holds the Early Advantage in the ABS Era?

More pitchers are using more pitch types with more movement to more areas of the plate than hitters have ever seen. The hitters simply have too much to cover.

Sports Illustrated

Changing tax rules for investors won’t shrink housing supply or raise rents. Just look at Victoria

Labor’s anticipated reforms are not a panacea, but they could nudge Australia toward a more equitable trajectory

The Guardian - AU

Less trusting, more financially stressed: new data show how Australians feel about their lives

This week, the Australian Bureau of Statistics released its refreshed General Social Survey. It tells a story economic indicators can’t capture.

The Conversation

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The Guardian - AU

Row over Harry and Meghan’s ‘leaked’ Australian itinerary leaves tabloids stranded at the baggage carousel

Daily Mail takes down story after reporting ‘under-wraps details’ about the Duke and Duchess of Sussex’s trip to Australia. Plus: Adam Hegarty finds fans

Sports Illustrated

NFL Rules Analysts Have Different Takes on Dan Hurley-Ref Confrontation

Gene Steratore and Terry McAulay don’t agree on the UConn coach getting away with physical contact on referee Robert Ayers.

Sports Illustrated

The Best (and Worst) ABS Challenges From MLB’s Opening Week

Baseball has entered a new age with the automated ball strike-system—and some players are catching on more quickly than others.

Sports Illustrated

C.B. Bucknor Flummoxed Both Red Sox and Reds With Worst Called Game of ABS Era

C.B. Bucknor’s first game behind the plate gave the ABS a workout.

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Sports Illustrated

MLB’s ABS Challenge System Has Little-Known Wrinkle That May Trip Up Hitters

There's not much time to think it over.

The Guardian - AU

Reserve Bank governor denies inflation is ‘taking off’ amid fears of fresh rate hikes

End of government subsidies drives electricity costs up by 19% in the month and leaves power bills nearly a third higher than they were a year earlier

Sports Illustrated

Umpire Embarrassed by ABS After Three Overturned Calls in First Two Innings

Umpire Mitch Trzeciak had three calls overturned in the first two innings of the spring training matchup between the Pittsburgh Pirates and Boston Red Sox on Tuesday.

AAP

Signs point to RBA fine tuning, rather than hike spree

Softer labour market data and consumer confidence levels reveal an economy coming back towards balance and not in need of major monetary tightening.

The Guardian - AU

Expectations grow for interest rate hike next week after Australia’s inflation jumps to 3.8%

Rapidly rising consumer prices led to annual inflation growing from 3.4% to 3.8% in the year to December

The Guardian - AU

Gen Xers the new baby boomers: analysis identifies Australia’s richest landholders by generation

Those born between 1965 and 1980 own an average of $1.455m in housing and land, KPMG report finds

AAP

Oasis tour tunes up economy but clouds rate cut hopes

Britpop giant Oasis and Black Friday bargains have helped bring Australia's economy back in tune, adding to the case against Reserve Bank rate cuts.

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