February
Inflation has smashed profits, so a rate cut is no sure bet
Businesses have absorbed some cost increases through lower profitability. But that may soon change and could stall further progress towards the RBA’s inflation target.
July 2024
Productivity is the key to taming inflation for good
Either governments and business improve the supply side of the economy, or the RBA will have to keep squeezing demand indefinitely.
October 2020
Budget gets spending balance wrong on hiring and investment incentives
Spending more than $4.2 billion on hiring subsidies is the better way to bring back jobs than $27 billion writing off investments that businesses may hesitate to make.
February 2020
Investment appetite needs stimulating
Rate cuts won’t transform the economy. But energy certainty and tax reform could encourage business to risk investing in future growth.