In short: RBA governor Michele Bullock said the federal government's $300 energy bill rebate is unlikely to lower inflation or risk pushing it higher.However, Ms…
Australia's economy grew by 0.1 per cent over the first three months of 2024 and 1.1 per cent over the year, according to the Australian…
A voting member of the US Federal Reserve has joined the chorus of central bank officials pushing back against the prospect of interest rate cuts…
Australian homes and businesses are vulnerable to financial stability risks as rising inflation and interest rates continue to pressure the global economy.Key points:Australia's financial system…
The federal government will put "full employment" at the heart of Australia's policy frameworks and institutions, to drive down structural unemployment over time and keep unemployment…
Australia's housing market is firmly in recovery mode as prices continue to rise, with cooling inflation and the likely peak of interest rates set to…
Welcome back.Last week, I wrote a piece in response to Professor Peter Siminski's criticisms of the media's economics coverage.But I only answered half of his points…
The Reserve Bank of Australia (RBA) Governor Philip Lowe won't be in the role for much longer. Mr Lowe became an unpopular figure in the past…
The floor has been littered with shards of crystal in recent months as the economic soothsayers have routinely miscalled the Reserve Bank of Australia's next…
Good morning everyone, Australia's sharemarket lost ground on Wednesday, and the futures index suggests that negative momentum will continue this morning when trading begins. This…
Treasurer Jim Chalmers is set to release the highly-anticipated review into the Reserve Bank of Australia (RBA) on Thursday and to announce that the government…
We've officially hit double digits on interest rate rises, with the Reserve Bank lifting rates for the 10th time.This means home owners with variable interest rate…
Do you want to know why Australia's economy looks this way?If so, you'll need to learn about "think tanks." These strange little organisations played a crucial…
Is Australia headed for recession?On Wednesday, the deputy governor of the Reserve Bank of Australia warned the outlook for the global economy was not good."It's…
Where is Australia's economy headed?This week, we heard the economy grew by 3.6 per cent in the 12 months to June.It was a strong rate of…