Wall Street fell for a fourth straight session as Brent crude jumped to its highest level since May, lifting inflation worries and pushing Treasury yields higher.
Australia’s housing downturn has spread beyond Sydney and Melbourne, prompting CommBank economists to revise their forecasts towards a deeper correction.
From imported fertiliser and diesel to shoppers trading down at the supermarket, CommBank Chief Economist Luke Yeaman ...
Australia’s economy grew 0.4% in the June quarter and 2.1% over the year, with household spending remaining subdued and the Middle East conflict influencing travel and fuel consumption.
Global bond markets are under growing pressure as inflation risks, rising government borrowing and competition for capital push long-term yields higher.
Brent oil will remain volatile between $US70 and $US100 a barrel in the second half of 2026, but tighter diesel supply ...
Property settlement scams are becoming harder to spot as fraudsters use social media, AI and increasingly convincing ...
The US will make a deal with Iran if it can, but the concessions needed to make it happen will be politically costly, says ...
CommBank expects one final RBA rate hike in November, taking the cash rate to 4.60%, with little rate relief expected for ...
Australia's productivity could take years to turn around, as fresh data showed another fall and stronger economic growth lifted expectations of further interest rate rises.
Australian shares finished lower after narrowing earlier losses, as stronger commodity prices lifted energy stocks and miners while banks, retailers and health care weighed on the market.
The global economy is proving resilient to the energy shock, but persistent inflation and geopolitical risks are putting ...