‘Just the beginning’: Sydney house prices fall as buyers step back
Sydney’s median house price has slipped back from an all-time high as poor affordability and deteriorating consumer confidence weigh on the market.
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Sydney’s median house price has slipped back from an all-time high as poor affordability and deteriorating consumer confidence weigh on the market.
For Hamish Studholme, a tunneller across some of Sydney’s biggest transport infrastructure projects for about 20 years, an uncomfortable truth became impossible to ignore. Even as contracting companies slowly introduced measures to mitigate the threat of silicosis, an incurable lung disease caused by inhaling tiny p…
Melbourne’s median house price has fallen more than $6000 from its peak, as two interest rate rises, global economic uncertainty and a cost-of-living crisis deter unnerved buyers from making big purchases.
Perth’s house prices have risen for another quarter in the longest uninterrupted stretch of growth since 2000-07, but there are warnings buyers could be hitting an “affordability ceiling” as looming tax changes take the shine off WA’s market for investors.
The cost of most everyday items is up — here's by how much.
Canisters of infant formula are priced as high as $31.75 per 12.4-ounces at a market serving the Central American immigrant community in the Westlake/Pico Union area of Los Angeles, Tuesday, April 7, 2026. (AP Photo/Damian Dovarganes)
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With Kevin Warsh having won the backing of the Senate Banking Committee on a 13-11 party-line vote to be the next chair of the Federal Reserve, it's pretty much a done deal that this will be Jerome Powell's final press conference as Fed Chair.
Cranes load and unload containers from cargo ships at the Panama Canal’s Rodman Port, operated by PSA International, in Panama City, Thursday, April 9, 2026. (AP Photo/Matias Delacroix)
WASHINGTON — A divided US Federal Reserve kept interest rates unchanged for a third straight meeting Wednesday on high uncertainty from the Middle East war, in what was likely its last gathering helmed by Jerome Powell.
Federal Reserve officials voted 11–1 to stand pat on interest rates Wednesday, shifting the focus to a looming leadership shake-up as Jerome Powell approaches the end of his term.
WASHINGTON, April 29 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive time in what might be its last rate decision under Chair Jerome Powell, as concerns have risen over the impact of the U.S.-Israeli war against Iran on oil prices and inflation.
Fed officials cite elevated inflation, slow job growth and uncertainty in Middle East as reasons for holding rates
The US Federal Reserve held interest rates steady on Wednesday as rising oil prices due to the Iran war added to growing concerns over the inflation outlook.
THE International Business Matching Conference (IBMC) 2026 is set to take place at Newport Performing Arts Theater, Pasay City on June 17—18, 2026, bringing together an exceptional lineup of global BNI leaders, national directors and industry experts in one powerful event.
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An unusually divided Federal Reserve on Wednesday held its key interest rate steady as policymakers grappled with the policy impact of persistent inflation and awaited a looming leadership transition at the central bank.
Readers of The Post interested in trying out Polymarket, the fast-growing prediction market, can collect a $20 bonus when they create an account using the Polymarket promo code NYPMAX.
Leading AI chatbots have spooked experts by spitting out detailed instructions on how to build biological weapons capable of causing mass casualties, according to an alarming report Wednesday.
A Los Angeles business owner has revealed he is the one behind a phone call recording with Karen Bass, just days before the infamous Palisades Fire last year.
It’s unlikely that any major musical acts from the US or Europe will be daring or willing enough to perform in Israel this year, but Eastern Europeans might be of a heartier stock.
Dubai Police have led a global operation with the US FBI and police in China, resulting in the arrest of 276 suspects in organised financial crime.
Oil tankers dock at a port in Qingdao, China. Beijing looks to expand imports of resources from Africa. © Reuters
Kalshi has a welcome bonus for first-time users who want to sign up for the fast-growing prediction market platform this spring.
The UAE's exit from Opec has raised questions about the group's ability to stabilise oil markets at a time when surging US production has left it with less leverage than at any point in recent history.
President Trump has instructed his aides to prepare for an extension of America’s naval blockade of Iran to squeeze Tehran’s already struggling economy, officials said.
Dmitry Peskov, Kremlin spokesperson, said Russia has no plans to leave OPEC+ and praised the group’s role in stabilising energy markets.
By Igbal Guliyev, dean of the School of Financial Economics at MGIMO University, doctor of economics and professor
By Igbal Guliyev, dean of the School of Financial Economics at MGIMO University, doctor of economics and professor
Uber Technologies unveiled an in-app hotel booking feature in partnership with Expedia Group on Wednesday, marking its latest push to become a one-stop platform for travel, rides and food.
There isn’t enough research about the vaginal microbiome. But that doesn’t mean you need ‘feminine probiotics’ that companies are pushing
Australia’s government announced draft legislation on Tuesday that would require Meta, Google and TikTok to pay local news outlets for use of their articles – or face a significant tax.
Mitsubishi currently sells the hybrid Xforce SUV in Southeast Asia. (Mitsubishi Motors)
Oil prices were up by 7 per cent on Wednesday, with Brent approaching $120 a barrel on supply concerns amid the standoff between the US and Iran.
Disney has decided to keep ESPN — shelving years of speculation about a potential spinoff — in one of the first major strategic calls by newly installed CEO Josh D’Amaro, according to a report.
Kevin Warsh, President Trump’s pick to lead the Federal Reserve, cleared a key procedural hurdle on Wednesday, opening the way for him to succeed Jerome Powell in coming weeks amid the White House’s unprecedented efforts to exert control over the world’s most powerful central bank.
NEW HAVEN, Connecticut — Rumor has it that last year, United States President Donald Trump delayed his so-called Liberation Day tariff announcement by a day, to April 2, because he didn’t want his unconstitutional trade “emergency” to come across as an April Fools’ Day hoax. This year, Trump defied the calendar with…
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Amazon is scheduled to report first-quarter results after the market close on Wednesday.
Microsoft is set to report fiscal third-quarter results after the close of regular trading on Wednesday.
Alphabet reported first-quarter earnings after the bell Wednesday, showing revenue that topped expectations boosted by its surging cloud business. Shares climbed following the report.
Officials and business leaders in South Africa and Kenya are welcoming China’s new zero‑tariff policy for 53 African nations, saying it will open fresh trade opportunities, cut costs for small businesses, and strengthen economic ties across the continent
More than 1.2 million people in Lebanon are expected to face acute hunger this year due to “conflict, displacement and economic pressures” amid the latest war between Israel and Hezbollah, according to a United Nations-backed report.
Brown calls for police to look into former prince’s use of public funds and says he had colleague raise issue in 2008
Tehran, Iran – Iran’s national currency has plunged to new lows as authorities mobilise to dampen the impact of the naval blockade enforced by the United States.