Category: Economy

The Reserve Bank of Australia (RBA) governor Philip Lowe may not get another term as the central bank chief, as his inflation target policy is blamed for pushing thousands of workers into unemployment.

Made by Cow, the world’s first cold-pressed raw milk company, based in Adelaide, went into voluntary administration and shut down due to economic challenges.

Imagine paying $5 for a loaf of bread, $10 for a litre of milk, or $150 for a tank of petrol. Inflation is hurting Australians and hat’s what some face as inflation hit its highest level in more than three decades.

Australia faces a looming fiscal crisis as the gap between government spending and revenue widens and the population ages and a tax imbalance.

Tasmania once again claimed the title of the best-performing economy in Australia, according to the latest CommSec State of the States report.

Anyone looking into Parliament House from the outside could be forgiven for concluding that most of the people inside have lost their minds. Over the past two years, the insiders used a new seasonal flu as an excuse to destroy life as we knew it with lockdowns. Now they want to take control of your money, which could mean to cancel cash.

There was a lot of celebration in business circles when the Australian government announced a...