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The Latest Breaking News from Sally Auld

Interest rate hikes remain on cards as Australia’s underlying inflation climbs, economists warn

Despite plunging fuel prices, trimmed mean inflation increased from an annual pace of 3.4% to 3.6%

The Guardian - AU

Thirsty and power hungry: Australia is in the middle of a datacentre boom – but are they good for the economy?

They’re a key part of the digital and AI economy but they come at a high environmental cost and offer few operational jobs

The Guardian - AU

Slowing economy could shut the door on more rate hikes

Stagnant productivity means households face higher inflation and lower living standards but the treasurer hopes cheaper housing will ward off voter discontent.

AAP

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read the most diverse news in one place.

Data centre boom fails to boot up lagging economy

A fourth Reserve Bank rate hike is still on the cards for 2026, despite a slowdown in economic growth, falling productivity and high labour costs.

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