Why are the Treasurer and the RBA continuing to punish young homeowners (many with young children) who borrow to own a home? Isn’t it time to try other policies to beat inflation, like less government spending?

Opposition Leader Sussan Ley is looking like a dead woman walking as she vows this morning to defend her leadership.

As expected, the Reserve Bank of Australia (RBA) has kept the cash rate steady at 3.6%. Its board unanimously agreed it was better to “remain cautious” on interest rates.

Material possessions are woven into identity and presented as something to aspire to. But is it really all that glamorous?

This week on Switzer Investing TV, Paul Rickard sits down with three experts to tackle the hottest topics in markets and money.

Here’s a big one for the Aussie tech scene. Local-born AI and datacentre player IREN has just signed a deal worth nearly US$10 billion with Microsoft. Yes, billion with a “b.”

The Coalition’s primary vote slumped four points to a record low 24% in the latest Newspoll, while One Nation was up four points to a record high 15%. One Nation also surged to 15% in an Essential poll.

It’s that time of year when Australia’s best stock pickers swap market charts for form guides and the field for the 2025 Melbourne Cup has drawn more analysis from financiers than a quarterly earnings report.

While I’ve taken a few long shots in today’s Melbourne Cup, gambling that the next move in rates is up isn’t something I’m prepared to bet on.