Economics

Cost-of-Living Crisis Fuels Baby Recession in Australia’s Major Cities

Download IPFS Australia’s largest cities are grappling with a deepening baby recession, as soaring living costs drive birth rates to near-record lows in 2024. Preliminary data from KPMG’s analysis of Australian Bureau of Statistics (ABS) figures shows fertility rates plummeting in Sydney, Melbourne, and Brisbane, while regional areas see higher[Read More…]

Aldi’s Grocery Delivery Trial in Australia Tested Against Coles and Woolworths

Download IPFS Aldi, the German discount supermarket, has launched a grocery delivery trial in Canberra via DoorDash, challenging Coles and Woolworths’ dominance in Australia’s online grocery market. A price comparison of 10 staple items reveals Aldi remains cheaper, but delivery fees and stock issues dent its edge. This article examines[Read More…]

Australia and Japan Strengthen Economic Security Cooperation Amid Rising Global Risks

Download IPFS Australia and Japan are taking meaningful steps to deepen their strategic economic partnership, with a new agenda focused on bolstering economic security in an increasingly fragmented global environment. In 2025, the United States Studies Centre (USSC) Economic Security Program launched a project to develop a shared economic security[Read More…]

Australian Consumer Sentiment Stalls as Rate Cut Hopes Fade

Download IPFS Australian consumer confidence showed only marginal improvement in July, with the Westpac-Melbourne Institute Index rising a mere 0.6% as households grappled with the Reserve Bank of Australia’s (RBA) decision to maintain interest rates at 3.85%. The restrained growth follows June’s equally modest 0.5% increase, revealing persistent economic pessimism[Read More…]

Wealth Concentration Threatens Australia’s Economic Future

Download IPFS Australia’s productivity crisis and cost-of-living pressures stem from four decades of unchecked wealth concentration, with the top 10% of households now controlling 44% of the nation’s wealth. As Treasurer Jim Chalmers prepares for a national productivity roundtable, economists warn that “rent-seeking” behavior – where wealth grows through asset[Read More…]

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