Matthew Elmas

Australian households are suffering under the sharpest decline in purchasing power on record as “sluggish” wages growth continues to lag behind skyrocketing prices for everyday essentials.

Australians are being ‘‘dudded’’ by stagnating NBN upload speeds far below the top rates advertised in their internet plans, new data reveals.

A huge increase in business between India and Australia is expected over the next decade under a new trade agreement signed with the world’s fastest-growing economy over the weekend.

Australians are paying more for Ubers and postage as record-high petrol prices prompt big businesses to slug consumers with painful new fuel surcharges.

UK-based toy manufacturer Jellycat has accused Kmart of profiting from a range of plushies that “reproduce” their popular Jellycat bashful bunny.

The lawsuit alleges franchisees were promised that a shift from daily deliveries of fresh food to twice-weekly packages of frozen goods would save money.

Treasury says clawing back billions worth of JobKeeper payments would have “muted the recovery” from COVID-19.

It’s the sort of race that could benefit consumers, with expectations that prices will fall and Priceline services will expand if a deal proceeds.

ACCC chair Rod Sims says Australia’s outdated merger laws allow corporate behemoths to scoop up their competitors.

In-N-Out must use its local trademark at least once every three years to prevent other businesses from adopting its brand in Australia.

Outdoor retail chain Kathmandu says it will take a $13 million hit from the latest COVID-19 lockdowns, with 123 stores across Australia forced to close over the past month.

The data — leaked by an anonymous source — is American, but this kind of thing happens in Australia too, UNSW associate professor Ann Kayis-Kumar explained.