Inflation tumbles in Australia as eyes turn to RBA
The effects of a dozen interest rate hikes since May 2022 are taking hold as Australia enters a period of 'disinflation'.
Stuart Marsh has been a journalist for a decade covering everything from economics to breaking news and men's lifestyle.
In March 2017, Stuart became the youngest-ever editor of 9Finance, having previously worked for nine.com.au's health and fitness site 9Coach.
Stuart took 9Finance from the fifth most-read digital business site to the second, according to Nielsen's digital ratings. Despite being a one-man team, 9Finance once boasted more readers than The Australian Business Review, The Guardian's business section and the Herald Sun's business coverage.
For this he was named Mumbrella's Under 30 High Achiever for 2018.
Stuart currently writes for 9News.com.au, focusing on consumer, business and finance stories.
The effects of a dozen interest rate hikes since May 2022 are taking hold as Australia enters a period of 'disinflation'.
New data from the Australian Bureau of Statistics (ABS) showed that in June, the number of employed Australians increased by 33,000 people.
Michele Bullock has been named as the next governor of the Reserve Bank of Australia (RBA), to replace outgoing chief Philip Lowe when his term ends on September 17.
Last year NAB sent 112 million text messages to customers, many of which contained links.
Kmart's Port Adelaide store, located inside the Port Adelaide Plaza Shopping Centre, will close in the "coming months" as shoppers are directed to nearby stores.
Officials are searching for a hiker who went missing in California's Yosemite National Park last weekend.
The Reserve Bank of Australia (RBA) has left interest rates on hold at 4.1 per cent, but has warned that more hikes will be needed to contain inflation.
The surprise result puts the expectation of a near-inevitable interest rate hike next month in doubt.
Australian private equity firm Allegro Funds has sold Pizza Hut Australia to one of the largest franchise operators in the world.
The Reserve Bank of Australia has delivered a shock 12th rate hike since May last year, deciding to lift interest rates in a bid to tackle persistently high inflation.
The shock rise in defiance of market expectations is fuelling fears of another rate hike next week.
From cheaper medication to a crackdown on scammers, here are the winners and losers of the federal budget.
Struggling with soaring costs? Here's everything in the budget which will ease the squeeze on your household.
Treasurer Jim Chalmers has promised more of this cash will flow back into Australians' hip pockets this Budget.
Hundreds of thousands of borrowers are set to be hit with another burst of hip pocket pain.
Qantas has announced that Vanessa Hudson will become the airline's new CEO when current chief Alan Joyce retires from the role in November 2023.
New data from the Australian Bureau of Statistics (ABS) showed that headline inflation rose by 1.4 per cent in the March quarter, and by 7 per cent on an annual basis.
New data from the Australian Bureau of Satistics (ABS) showed that in March 2023 around 53,000 Australian found jobs.
Millions of borrowers around the nation have been offered a temporary reprieve after the central bank pressed pause on rate hikes.
Australia's inflation rate has risen 6.8 per cent in the year to February 2023, down slightly on the 7.4 per cent annual rise reported in January.
The stunning mansion has sold for more than 30 per cent above the suburb's previous highest price.
Australia is set to buy 220 Tomahawk cruise missiles from the US in a deal worth more than $1 billion.
Australian former professional surfer Blake Johnston has officially broken the record for the world's longest surf session.
All four of Australia's big four banks have passed on the Reserve Bank of Australia's (RBA) 25 basis point interest rate hike to customers.
The official cash rate has been increased to 3.6 per cent as the RBA desperately battles to bring down spiralling inflation.
Nobody likes being told the price of their plan is going up, but is it actually illegal in Australia?
A single player took out the entirety of last night's entire Powerball jackpot, instantly earning them a grand total of $40 million.
Inflation in Australia has slowed in the month to January 2023 as millions continue to endure a high cost of living.
The world's biggest celebrities have graced the red carpet at the 29th Annual Screen Actors Guild Awards in Los Angeles.
A little-known law about Aussie coins could mean that some people are making illegal payments.
Qantas has posted a record underlying half year pre-tax profit of $1.4 billion, but has warned that ticket prices will not revert to pre-pandemic prices.
New documents have revealed the RBA was considering lifting interest rates by a larger-than-expected 50 basis points to stamp out inflation.
Philip Lowe has warned almost 900,000 borrowers that the "full effect" of multiple interest rate hikes is yet to come.
An additional 22,000 Australians are now without a job, in a result that has surprised experts.
Philip Lowe has refused to put a limit on how far the Reserve Bank will go to contain inflation, as he faces a grilling by a senate inquiry in Canberra.
Tipping practices in Australia can bring on strong emotions - and for good reason.
The board of the RBA has decided to lift the nation's official cash rate by 25 basis points, in an effort to drive down inflation.
Australian buy now, pay later (BNPL) business Openpay has called in the administrators, locking out customers from continuing to use the service.
Scribbling on a banknote seems like an innocent way to pass the time - but it could cost you two years of your life.
The fire impacted one guest stateroom and was suspected to have been caused by an electrical device.
Households are enduring the highest yearly jump in living costs since the late 1980s.
A teen fisherman is lucky not to have been impaled by the bill of a marlin after shock close encounter off the coast of Sydney.
Motorists in NSW have been urged to be vigilant as school zones restart in the state today, despite no children returning to schools until early next week.
New data from the Australian Bureau of Statistics shows Australia's annual rate of inflation has hit the highest level since 1990.
We all know people are using ATMs less. But the real reason cash is disappearing is far more financial.
Australia's job market continues to remain tight with almost no change to the headline figures over the Christmas break.
Cryptocurrency was hit by a dark winter in 2022, but some analysts think a new spring is around the corner.
The lag from eight-straight interest rate hikes means house prices have further to fall in 2023.
The last time Australia had an interest rate above 3 per cent was in October 2012, when the median Australian house price was just under $520,000.
It was a year in which many properties had their prices decline, but the top end of the market showed no sign of slowing down in 2022.