Download IPFS Australian household spending rose 0.5% in June 2025, marking a second straight month of growth after a Reserve Bank of Australia (RBA) rate cut, though the pace fell short of expectations, signaling cautious consumer behavior. Australian household spending increased by 0.5% month-on-month in June 2025, following a revised[Read More…]

Download IPFS Recent research from the Workplace Gender Equality Agency (WGEA) reveals that Australia continues to face a significant gender pay gap, with women earning on average 18% less than men. The analysis, covering 5,000 companies nationwide, shows women make approximately 82 cents for every dollar earned by men. The[Read More…]

Download IPFS A proposal to raise Australia’s Goods and Services Tax (GST) from 10% to 15% has sparked debate about the country’s tax system sustainability. University of New South Wales economist Professor Richard Holden and independent MP Kate Chaney suggest expanding the GST to include essentials such as fresh food,[Read More…]

Download IPFS Australia’s benchmark S&P/ASX 200 index fell 0.3% to close at 8,807 points on Friday, August 8, 2025, extending losses from the previous trading session. The decline was led by notable falls in the banking, healthcare, and technology sectors, which offset gains in other areas of the market. Commonwealth[Read More…]