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economics

U.S. Inflation Cools Again, Fed Could Cut Interest Rates

by James Odonell
U.S. Inflation Cools Again, Fed Could Cut Interest Rates

WASHINGTON (AP) — Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and …

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Categories Politics

Fujifilm and Pentax Not Fulfilling Demand Doesn’t Build Hype, It Loses Sales

by Jhon Ray
Fujifilm and Pentax Not Fulfilling Demand Doesn’t Build Hype, It Loses Sales

For the past several weeks, photographers have been expressing a recurring sentiment online: the lack of supply for highly sought-after cameras like the Fujifilm X100VI, Ricoh GR III, or Pentax …

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Categories Comic

Queensland 2024/25 budget expected to deliver $3b deficit as Miles government splashes inflation ‘relief’

by Abhishek soni
Queensland 2024/25 budget expected to deliver b deficit as Miles government splashes inflation ‘relief’

The Queensland government is set to spend big on cost-of-living relief, with the treasurer arguing it will be worthwhile despite the likelihood of a budget deficit. Treasurer Cameron Dick’s fifth …

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Categories Lifestyle

Unemployment rate inches higher to 3.8 per cent

by James Odonell
Unemployment rate inches higher to 3.8 per cent

The jobless rate has inched 0.1 percentage points higher to 3.8 per cent, with 7000 jobs disappearing from the economy in March. The participation rate fell to 66.6 per cent …

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Categories Politics

Rork Projects collapses after ‘tsunami of impossible economic conditions’ leaving workers in limbo

by Abhishek soni
Rork Projects collapses after ‘tsunami of impossible economic conditions’ leaving workers in limbo

A major Australian building and construction group spanning four states has collapsed, with the director blaming “impossible” economic conditions and building costs for the company’s downfall. Rork Projects, which describes …

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Categories Lifestyle

‘Scathing’ report says Ausstralians being ripped off by banks, supermarkets, energy providers and airlines

by Abhishek soni
‘Scathing’ report says Ausstralians being ripped off by banks, supermarkets, energy providers and airlines

Economic experts have slammed companies accused of price gouging in a scathing new report accusing supermarkets, energy providers and even airlines of driving up costs for bigger profits. University of …

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Categories Lifestyle

ACOSS calls for ‘urgent’ hike to JobSeeker and related payments amid cost-of-living crisis

by James Odonell
ACOSS calls for ‘urgent’ hike to JobSeeker and related payments amid cost-of-living crisis

The peak Australian community services body says JobSeeker and related government payments must be “urgently raised and without further delay” following the announcement that an additional $115 million in funding …

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Categories Politics

The Australian workers who will benefit from Prime Minister Anthony Albanese’s tax cut changes

by James Odonell
The Australian workers who will benefit from Prime Minister Anthony Albanese’s tax cut changes

Anthony Albanese insists a broken election promise on tax cuts is the right thing to do in changed economic circumstances, promising middle-income earners an extra $800 a year. The prime …

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Categories Politics

Prime Minister Anthony Albanese commits to stage three tax cuts despite cost-of-living concerns

by Abhishek soni
Prime Minister Anthony Albanese commits to stage three tax cuts despite cost-of-living concerns

Prime Minister Anthony Albanese has committed to stage three tax cuts, despite growing calls for the measures to be scrapped for other cost-of-living relief measures. The tax cuts were unveiled …

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Categories Lifestyle

Research reveals how technology, economics can help save endangered species

by Milton Acorn
Research reveals how technology, economics can help save endangered species

WASHINGTON DC: The world has evolved dramatically in the 50 years since the Endangered Species Act (ESA) was passed in December 1973.Two Ohio State University academics were among a group …

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Categories Science
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