Category Australia

Australia’s inflation rate has slowed to 2.8 percent, marking its lowest level since March 2021 and returning to the Reserve Bank’s target range for the first time in three years. This drop is largely attributed to lower petrol prices and…

Australian retailers are calling on the government to help the industry after sales remained flat in July, albeit increasing from the year-ago period. “As tough times continue, we are seeing the so-called ‘lipstick effect’ play out—where people are having to…