The Federal Reserve shapes the economy by adjusting the fed funds rate, which directly affects certain borrowing costs for consumers and businesses. Lowering rates tends to benefit those with variable ...

Treasurer Jim Chalmers and Energy Minister Chris Bowen announced the changes on Tuesday, confirming that existing leases will not be impacted by the changes. The move is expected to save $1.7 billion ...

This blog is now closed. Get our breaking news email, free app or daily news podcast Thanks for joining us today. Here’s a reminder of the day’s top stories: The royal commission on antisemitism and ...

With the federal budget not expected to return to surplus for another decade, Treasurer Jim Chalmers is under pressure to curb government spending that economists warn is crowding out the private ...

Treasurer Chalmers pledges to cut more than he spends in Budget Treasurer Jim Chalmers is pledging to save more than he spends in the Budget due in just over a week, as the Cabinet prepares to make ...

Bald men, for example, are still fair game for lampooning, as are red-headed people, as are Boomers, who just don’t get it. Boomers prompt eye rolls whenever they launch into “back in my day” stories ...

Treasurer Jim Chalmers has given a clear sign any changes to capital gains tax and negative gearing will be accompanied by transitional arrangements that will give some protection to people who ...

The 2026 season for the West Allis Farmers Market is right around the corner, so it’s time to grab your reusable bags for fresh food and local goods. The city made the announcement April 25 on ...

Hay fever sufferers must now put up with symptoms for up to two weeks longer than they would have done in the 1990s, according to a major review. A new report by 65 scientists from around the world ...

AMP chief economist Dr Shane Oliver on Tuesday outlined his top five recommendations for the Treasurer in next month’s budget, urging the government not to go down the short-term “populist” path of ...