Business

Spending blow-outs by the Government will force the Reserve Bank to hike rates, critics say, but the Treasurer argues the private sector is driving inflation.

THE NEW YORK TIMES: TikTok said on Tuesday that its app was facing technical problems after users accused the service of suppressing posts related to ICE following the shooting of Alex Pretti in Minneapolis.

Australia’s big two supermarkets have been dreading Amazon’s expansion into fresh groceries. It’s now eventuated.

The Opposition claimed large payments to the states and other unexplained expenses weren’t disclosed before last year’s election.

Frustrated customers of a big four bank have reported a major internet banking outage, affecting their ability to access their cash.

An influx of cricket tourists contributed to an inflation breakout that could cost average home borrowers almost $2000 this year.

CNBC’s Investment Committee debate how important the next few days are for the rally as Mega Cap earnings, the Fed Decision and a potential government shutdown hang over stocks.

The Stokes family has no intention of selling its media ownership interests according to sources, despite news reports to the contrary.

Australia’s big four banks are now unanimously tipping a rate hike for Tuesday next week after inflation soared even further above the Reserve Bank’s target band.

THE ECONOMIST: The global dash for cash is driving the gold rush.

Property professionals are confident that housing prices will continue to grow in 2026, despite worries about higher interest rates and affordability.

US stocks opened on the rise buoyed by corporate earnings, though health insurers are down after news broke of a modest increase to Medicare rates.

Australia’s currency is at a nearly 16-month high against its American counterpart - and looks poised for further gains, experts say.

An underlying inflation figure higher than the RBA's forecast could force it to hike rates, but there's a case for waiting to see how spending data plays out.