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The Latest Breaking News from ABS

The RBA’s interest rate-rising looks done – and a soft landing for the economy could be on

Australia’s economy might be just where Philip Lowe wants it – barring any nasty surprise – as he hands over to Michele Bullock

The Guardian - AU

No interest rates rises predicted for Philip Lowe’s final RBA board meeting

Economists say interest rate pause likely for about a year as ABS releases weaker-than-expected economic data

The Guardian - AU

Australia’s inflation rate eased to 4.9% in July, down from 5.4% in June

Larger than expected fall reduces likelihood Reserve Bank of Australia will raise interest rates again

The Guardian - AU

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Australian unemployment rate rises to 3.7% as economy sheds 14,600 jobs in July

Latest jobless rate higher than economists predicted, Bureau of Statistics unemployment figures show

The Guardian - AU

Australia’s wage growth slightly weaker than expected in June quarter

The wage price index figures show that despite a tight labour market, there has not been a breakout in wage growth

The Guardian - AU

Ageing in a housing crisis: growing numbers of older Australians are facing a bleak future

The collision between an ageing population and a housing crisis has left more older people in Australia enduring housing insecurity and homelessness. Our research, released today, explores how the scale of these problems among older people has grown over the past decade.

The Conversation

Households buckle under pressure, retail sales plunge to three-decade low

First annual fall in retail sales volumes since 1991, except for pandemic.

The Canberra Times

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Gender, sexual orientation and ethnic identity: Australians could be asked new questions in the 2026 Census

August 2026 may seem like a long way away. Between now and then, there will be at least one federal election, the 2024 Paris Olympics will have been and gone, another Ashes cricket series will have taken place, and the 2026 FIFA Men’s World Cup will have just finished.

The Conversation

Gender questions among 'strong' contenders for the 2026 Census

Check what is likely in and what may be out of the next Census.

The Canberra Times

Australia’s falling inflation means interest rates have peaked? Don’t bank on it

Yes, consumer price growth has been on the skids since December and was only 5.4% for month of June. But beware inflationary clouds on the horizon

The Guardian - AU

Australia’s June quarter inflation falls to 6%, ABS reports

Drop was more than expected by economists, increasing likelihood the Reserve Bank will extend its interest rate pause next week

The Guardian - AU

Unemployment rate falls to 3.5% as the economy adds 32,600 jobs in June on latest ABS figures

The bureau of statistics labour numbers will be examined closely by the Reserve Bank when it meets on August 1 to consider interest rates

The Guardian - AU

An All Black at beer o'clock

A brief history of the ABs absolutely caning it , told by one who absolutely caned it

Newsroom.co.nz

MLB fans loved the Futures Game testing the simple, effective way to challenge ball and strike calls

This will be a great addition to MLB games if the league implements it.

USA Today Sports Media Group

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The Guardian - AU

RBA has more to do to curb inflation as retail and job markets still strong, economists say

Despite fastest interest rate rises in three decades, retail turnover rose in May, when experts had expected a drop

AAP

Retail trade beats forecast as sales lure in shoppers

Retail turnover has risen by a stronger-than-expected 0.7 per cent in May as cash-strapped consumers take advantage of sales.

The Guardian - AU

Banks stick to rate hike predictions – as it happened

This blog is now closed.

The Guardian - AU

The millions of Australians in the survivor community are asking: what does justice look like for us?

To have our experience retried near-daily in the kangaroo courts of leaks, political expedience and sloppy journalism looks nothing like justice

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The Conversation

COVID didn't change internal migration as much as claimed, new ABS data show

At its height, the COVID-19 pandemic disrupted well-established patterns of migration within Australia. Reports of a regional renaissance suggested city dwellers were moving to regional areas in droves. The governments of Tasmania, South Australia and the Northern Territory were also keen to promote new migration flows to reverse long-standing declines…

The New Daily

International visitors return and revive tourism industry

Australia is receiving millions of travelers as the nation enjoys a tourism renaissance after COVID, new figures have revealed.

The New Daily

Zoe Daniel: Time to right wrongs with much-needed media reform

The absence of media diversity and the resulting concentration of power are leading to lack of accountability in the fourth estate.

The New Daily

Interest rates could hit two-decade high by August as mortgage stress soars

Australians struggling with the highest interest rates in a decade are being warned to expect one or two more mortgage bill hikes.

The Guardian - AU

Australia’s productivity plunge: why is the Reserve Bank concerned and should we panic?

Philip Lowe cited ‘subdued’ productivity growth when the RBA lifted rates for a 12th time to try to tame inflation. Here’s why it matters

The Guardian - AU

Australian economy grew 0.2% in first three months of the year, the slowest since Covid lockdowns

Jim Chalmers says higher interest rates and cost-of-living pressures are squeezing household budgets and slowing the economy

The New Daily

Michael Pascoe: No, the wage case shouldn’t panic the RBA

The FWC doesn’t want to turn the current rate of wage increases into something that will scare Phil Lowe & Co.

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