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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…]

Man Dies During Police and Paramedic Response in Waterloo: Critical Incident Investigation Launched

Download IPFS A man has died during a police and ambulance welfare check in inner Sydney, prompting a critical incident investigation. Authorities are now examining the circumstances surrounding the attempted intervention by law enforcement and medical responders. Just before 2 a.m. on Tuesday, July 15, 2025, emergency services were dispatched[Read More…]

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