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The Latest Breaking News from Peter Hannam

Stagflation: is Australia heading back to the 1970s? Our economics and business writers go head to head

The economy has stalled and inflation remains high. Should we be worried? Guardian Australia’s experts have very different views

The Guardian - AU

From gen Z to boomers: what the 2024 budget means for your generation

Millennials and gen Z will take comfort from changes to student loans and healthcare while boomers will be saving on medicines, pensions and aged care

The Guardian - AU

Men risked their lives to work on the Snowy Hydro scheme. Now, 75 years on, the 2.0 project represents a different world

Rugged adventurers who toiled in dangerous conditions to create the hydroelectricity scheme would scarcely recognise today’s technological advances

The Guardian - AU

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In plain sight but barely known: the beauty and mystery of Sydney harbour’s islands

Some are off limits to the public, others are easy to visit and one used to be two – but all have fascinating and sometimes tragic histories

The Guardian - AU

Final question time of the year – as it happened

This blog is now closed.

The Guardian - AU

Green energy push a chance for mining sector to reshape dull and dirty image, Sydney conference hears

Effort to end fossil fuels may bring rapid industry expansion and chance to stop workers leaving ‘in droves’, EITI chair Helen Clark says

The Guardian - AU

Sydney’s property prices dropped 10% this year, with $450 a day lost from average home

Decline comes as RBA documents indicate values may sink as much as 20% nationally from their February peak by end of 2024

The Guardian - AU

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Australia’s ambassador to be summoned after Jerusalem reversal – as it happened

Labor will reverse Coalition decision to recognise West Jerusalem as the capital of Israel. This blog is now closed

The Guardian - AU

Fixed or variable? A look at how home loan rate options across Australia stack up

After crunching the numbers, it’s clear that mortgage holders shouldn’t just do nothing, says RateCity’s head of research

The Guardian - AU

Solar panel inquiries ‘off the charts’ after Alinta boss predicts 35% power price rise

For the second time this year, a public prediction of increased energy costs has led to a boom in solar power inquiries

The Guardian - AU

Property prices dropped further in September and falls ‘could accelerate’ again with rate rise

Investors and banks predict RBA will raise cash rate further on Tuesday, while rent increases begin to slow around Australia

The Guardian - AU

Australia’s inflation rate eases slightly to 6.8% in August thanks to modest fuel price rises

Consumer prices rose 7% in the year to July before easing in August, with construction and fruit and vegetables the largest contributors

The Guardian - AU

Reserve Bank of Australia reports loss of $37bn and plans to cut dividends to Treasury

Central bank in negative equity after 2021-22 loss, a review of its pandemic bond-buying program has found

The Guardian - AU

Houses to be hit harder than flats by price falls, RBA says

Head of domestic markets says rate rises will depress commercial and residential property prices but wider risks appear contained

The Guardian - AU

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The Guardian - AU

Australia’s unemployment rate rises slightly from 3.4% to 3.5% as more people seek work

Labour market figure will be watched by economists as a guide to Reserve Bank’s decision on whether to further raise interest rates

The Guardian - AU

Economists predict slowdown for Australian economy as interest rates continue to rise

Soaring commodity exports and positive agricultural forecast expected to be balanced by Reserve Bank’s moves to counter inflation

The Guardian - AU

RBA interest rates: Reserve Bank raises official rate to 2.35% amid inflation fears

The RBA decision brings the cash rate to the highest level since 2015, with mortgage holders set to face higher repayments

The Guardian - AU

Climbing interest rates yet to bite most Australian mortgage holders, economists say

As the RBA meets to consider the cash rate, analysts warn the impact of previous rises is yet to be felt fully

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The Guardian - AU

Australians abandon buying first home as loan costs outweigh property price drops

Reserve Bank is expected to again lift the cash rate, extending the most rapid spate of rises since 1994

The Guardian - AU

Huge profits for fossil-fuel giants Woodside and Santos stoke calls for windfall tax

Senator David Pocock and Bob Carr among those urging Albanese government to claw back massive mining profits

The Guardian - AU

Business cuts to on-the-job training have made Australia increasingly reliant on migrants, experts say

Academic says companies ‘squealing’ to government about worker skill shortage are contributing to it

The Guardian - AU

Reserve Bank more pessimistic than government about when inflation will decline

Quarterly statement on monetary policy suggests RBA may need to hoist interest rates higher for longer

The Guardian - AU

Labor slashes Morrison government’s ‘unrealistic’ productivity forecasts

Treasurer Jim Chalmers said Australians would get ‘real talk’ from his government about the country’s positioning

The Guardian - AU

Auction clearance rates tumble as rising interest rates sap Australian homebuyers’ appetite

CoreLogic data for June quarter highlights ‘tougher seller conditions’ with house prices in Sydney and Melbourne roughly in line with a year ago

The Guardian - AU

NSW floods: Sydney braces for two more days of flooding as state smashed by rain and wind

SES perform 252 flood rescues overnight and thousands urged to evacuate as threat of inundation remains in Hawkesbury and Nepean

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