Joe Biden press conference LIVE updates: Fresh blow for president ahead of make-or-break moment
The media opportunity comes amid a growing number of Democrats calling on him to stand aside as the party’s candidate in the November 5 election.
- by Rachel Clun and Farrah Tomazin
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Gen X, Millennial Australians better off than their parents – but not all
Australians are largely growing up to be better off than their parents, but there are risks younger generations may not gain much ground.
- by Rachel Clun
Australian real wage growth among worst in OECD
As the government campaigns on the cost of living, the OECD reports Australia’s wage growth lags the UK, Canada and the United States.
- by Rachel Clun
Rents, weather events and premiums mean fight against inflation not yet won
Australia’s inflation rate has been falling for over 18 months, but rent and insurance inflation are among the household essentials bucking that trend.
- by Rachel Clun
Early end-of-financial-year sales help lift retail spending
Retail turnover rose by 0.6 per cent in May following two sluggish months of consumer spending.
- by Rachel Clun and Shane Wright
‘Almost too good to be true’: Jobless rate eases as 40,000 people find work
But there are signs the job market is gradually loosening, giving the RBA little reason to lift interest rates next week.
- by Rachel Clun and Shane Wright
PwC facing 10 tax scandal investigations after revelation of global scheme
A Senate committee’s final report has found that use of confidential government plans had gone further than initially thought.
- by Rachel Clun and Colin Kruger
$10-a-day childcare should be ‘right there’ with Medicare, public schools
A think tank says the estimated $7 billion cost of providing free or low-fee early childhood education and care would be “more than offset” by other benefits.
- by Rachel Clun
Coalition cuts to skilled migrants would cost country $211 billion
Cuts to permanent migration would ease rental pressures slightly over 10 years, but it would have a large impact on government revenue.
- by Rachel Clun
Two years of tightening belts: How our spending habits have changed under Albanese
Consumers have had to rearrange their shopping baskets since the 2022 election to continue buying the things they need.
- by Rachel Clun
Economy flatlining, savings dwindling, but help is on its way, says Chalmers
Excluding the pandemic, in the first three months of this year the Australian economy grew at the slowest annual rate since the 1990s recession.
- by Rachel Clun