A typical 0.25 percentage point increase in interest rates causes an immediate decline in home purchases.
place
Australia
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- 5%
- 512complaints
People made 512 complaints about Australian Federal Police officers' conduct since July 2021.
- economyAustralia
Australia’s unemployment rate remains 4.7 per cent in September
Australia’s unemployment rate stayed at 4.7 per cent in September after August’s rate was revised upward, remaining the highest in the post-COVID era. Employment fell by an estimated 39,300 and the participation rate dropped to 66.8 per cent.
4.6%Australia’s unemployment rate in August was 4.6 per cent.
- societyAustralia
Report finds Indigenous workers paid less per hour in Australia
16%Hourly pay gap between Indigenous workers and average Australian workers
- economyAustralia
AEMC backs plan to spread public EV charger costs
4,000chargersPublic EV chargers installed across Australia
- politicsNew York, United States
Australia announces additional support for Ukraine
Anthony Albanese announced $60m in additional Australian support for Ukraine during a meeting with Volodymyr Zelenskyy in New York. The leaders also signed a 10-year bilateral security agreement.
60MAUDAustralia will provide an additional $60m in support for Ukraine.
- 2%
AllegedMen screened for perinatal mental-health issues
- economyAustralia
Study assesses effects of Australian housing tax changes
The e61 Institute analysed nearly 921,000 housing investments from 2008 to 2025 to estimate the effects of proposed capital gains tax and negative gearing changes. It found 53% of investors would pay more tax overall and 43% less, while investor loan applications fell 28% after the budget.
921,000investments▲ from 920,000The e61 Institute analysed 920,000 housing investments from 2008 to 2025.