The Reserve Bank has been urged to lift interest rates and governments warned to pull back on infrastructure projects to reduce inflation. In its annual economic health check, the International Monetary Fund concluded Australia’s economy was “resilient” but “sticky” inflation was a cause for concern. “Although inflation is gradually declining,Continue Reading

Old-school Toyota LandCruiser utes are being advertised on car classifieds sites for as much as $200,000 as waitlists for the four-wheel-drive stretch past two years at some dealerships. Toyota stopped taking orders for the rugged LandCruiser 70 Series in July last year, after supply constraints led to a blow-out inContinue Reading

Volkswagen has unveiled a range-topping performance model that will be the most expensive model in its Australian showrooms. It may even be the most expensive VW ever sold in Australia. The new Volkswagen Touareg R is a luxury SUV with a hi-tech cabin and sophisticated plug-in hybrid motor. The cabinContinue Reading

Australian new-car buyers’ tastes are shifting dramatically if the April sales results are anything to go by. Some of Australia’s best known and most loved brands are struggling while a hot of upstarts are selling like hot cakes. Here’s what’s hot and what’s not in the new-car market. HOT ElectricContinue Reading

Aussie fans of fast SUVs are in for some good news. In the face of a crippling supply crunch Volkswagen is launching two cut-price special editions of its Tiguan and T-Roc Rs. Dubbed Grid Editions, the two models go without semiconductor-heavy features to help improve supply. The brand has alsoContinue Reading