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Wage rise key to keeping Australians out of poverty: bishops

The Australian Catholic Bishops Conference has argued for a 4.9 per cent rise in the national minimum wage. Source: ACBC Media Blog.

Economy Employment

Economists say more jobs must go to crack cost-of-living crisis

Economists are concerned about mass job losses after the latest official data showed the economy slowing to a crawl as interest rate hikes temper demand. Source: ABC News. 

Economy Pope Francis

Globalisation has a moral dimension, Pope tells business leaders

Nations and businesses must work together to promote ethically sound models of globalisation, Pope Francis told world business and government leaders. Source: OSV News.


Treasurer says global recession ‘probable’

Treasurer Jim Chalmers says the risk of recession in major economies has now tipped from “possible to probable”, and high inflation will continue to fuel cost of living pressures for many Australians. Source: SBS News.