Monthly inflation was expected to fall, but instead gained a percentage point to 3.6%.
The class action follows a similar claim by Australia's market watchdog ASIC.
While the losses from scams appear to have turned a corner, Aussie monetary losses are 2.4x that of Kiwis on a per capita basis.
The report from Australia's national science organisation pours cold water on plans by the country's Opposition Coalition parties to embrace nuclear power.
Minutes from the last RBA board meeting show the bank is not convinced it has inflation under control.
In damage control once again, Star Entertainment Group agrees Hard Rock International has not sought takeover.
Sale of Australian dairy production assets risks further consolidation in an industry that farmers say already has too many unfair market pressures.
Building materials and labour costs have increased by nearly 40% since 2019.
Big Banks and financial firms have weighed in on Australia’s Budget: most believe it’s made the RBA’s job harder.
Australia’s Treasurer is betting that this Budget will lay the path to a win at next year’s election and, after that, the rise of the country as a renewable energy ‘superpower’.