Ainslie Chandler

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Australia’s headline inflation is expected to peak around 4.25% mid-year, lower than previously forecast, as falling oil prices help reduce inflationary pressures, Treasurer Jim Chalmers said.

Sydney posted its weakest weekend home auction clearance rate in more than six years as higher interest rates and property tax changes dampen activity and weigh on prices, after years of rapid gains.

Australia will grant its online safety watchdog more powers and increase the maximum penalty for breaches of its world-first social media ban, with Prime Minister Anthony Albanese saying big tech companies are not doing enough to comply.

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Bain Capital has joined the pack of bidders for oOh!Media Group, the Australian outdoor advertising company said.

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As Australians grapple with higher inflation and other flow-on effects from the war in Iran, the government unveiled its 2026-27 budget, seeking to tackle generational inequality, while shoring up the country’s fuel supplies and defenses. Here’s a breakdown of the winners and losers in Treasurer Jim Chalmers’ fiscal blueprint.

Microsoft Corp. announced its biggest-ever investment in Australia, pledging to spend A$25 billion ($17.9 billion) by the end of 2029 as it pushes deeper into the artificial intelligence market in the Asia-Pacific region.