As School Budget Season Drags On, Residents Put Education Spending Under the Microscope
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Federal budget 2024 live updates: Labor and Coalition trade barbs over inflation ahead of treasurer Jim Chalmers’s budget speech tonight – latest news
Treasurer will be able to boast back-to-back surpluses when he speaks on Tuesday night. Follow live updatesFederal budget to remain in the black with forecast surplus of $9.3bn for 2023-24What makes someone rich? Find out how your income and wealth compares | InteractiveGet our morning and afternoon news emails, free app or daily news podcastNick McKim said he agrees with EY chief economist, Cherelle Murphy, who says that you can look after people without impacting inflation by taking the money...
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Spending takes a hit as household budgets stretched
Australians snapped their wallets shut after Easter, piling more pressure on a retail sector that has been struggling more than other parts of the economy. Throughout April, spending fell sharply due to consumers forking out less on nice-to-haves, including meals out and recreation. This followed a minor Easter-inspired bump in the March editions of the […]
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Inflation and consumer spending updates ahead: What to know this week
Stocks rallied during a quiet week for economic data on Wall Street. The Nasdaq Composite (^IXIC) rose just under 1% while the S&P 500 (^GSPC) popped almost 2%. The S&P 500 ended Friday back above 5,200 for the first time since early April. Meanwhile, the Dow Jones Industrial Average (^DJI) rose more than 2% on […]