Australian house prices have soared by over 10% since 2019, surpassing global averages.

The IMF projects Australia's economy to grow by 1.5% this year, with inflation anticipated to decrease to 3% by next year.

Rising unemployment is on the horizon, and economic growth in China, a key trade partner for Australia, is expected to decelerate.

A record number of Australian businesses are appointing external administrators, with a spike in payment defaults, notably in construction and professional services.

Allegations have surfaced against The Star Entertainment Group's former CFO regarding financial misconduct and concealed debt issues.

Treasurer Jim Chalmers has expressed concerns about the international economic climate, citing inflation, growth, and geopolitical risks.