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Australian food and non-alcoholic drink purchases fall with residents cutting back on vegetables and fruit the most

Australian food and non-alcoholic drink purchases fall with residents cutting back on vegetables and fruit the most
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Paul atyeoAustralian bureau of statisticsAustralian bureau of statistics absstatsAustralian bureauAustralia president tara diversiSky news australia

The cost-of-living crisis is hitting hard Here are 3 ways to soften the blow

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

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Department stores hit the hardest as retail turnover falls amid consumers pulling back on spending due to cost-of-living pressures

End-of-financial-year sales failed to entice many Australians to splash their cash last month, with new figures showing a decline in spending at retailers.

Paul zahraMonique harmerBen dorberAustralian bureau of statistics absstatsAustralian retailers associationAustralian bureau of statisticsAustralian bureauDaily telegraphConsumer price indexRetail turnoverEnd of financial year sales

Latest ABS figures show national unemployment rate at 3 5 per cent as employment-to-population ratio at record-high

Australia’s unemployment rate has dipped to 3.5 per cent in June in a result exceeding economists’ expectations, with the country’s labour market now looking stronger than ever.

Bjorn jarvisAustralian bureau of statistics absstatsAustralian bureau of statisticsAustralian bureauUnemployment rateAbs employment dataUnemployment rate

Woollahra takes title of Australia s most advantaged local government area, while Qld s Woorabinda is most disadvantaged

Sydney is home to six of the top 10 most advantaged areas in Australia, new data shows.

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