This Month
Worried about a US recession? There’s a bigger risk facing Australia
A recession in the United States would impose a larger hit on the sharemarket returns of Australians but only a modest impact on the local economy, economists say.
February
Bullock shifts rate cut expectations after line-ball decision
Prime Minister Anthony Albanese now has just days to decide whether to call a snap election to capitalise on the RBA rate cut or delay to woo voters further.
November 2024
Transactional Trump could leave a vacuum in Asia
Trump would find that turning his back on allies was a more costly transaction than he thought.
Trump’s flaws make Harris the best choice for Australia
Trump’s trade wars will damage Australian interests, and his lies, vulgarity and conspiracy theories taint democracies everywhere.
September 2024
Star dives 50pc; Endeavour CEO exits; Negative gearing admission
Read everything that’s happened in the news so far today.
Unlike the original Dr Jim C, Chalmers has no excuse
Failing to learn from past policy mistakes is far, far worse than making them in the first place.
Rate decisions have to follow the data, not the dogma
Leading economic indicators have to be our guide, and they are all pointing towards an avoidable recession.
Chalmers must back the central bank he shaped
The RBA cannot fix inflation as fast as a now big-spending government wants. But the treasurer must be wary of damage to the central bank’s credibility.
Economy grows; ASX dives 1.7pc; Inside the Pratts’ legal drama
Read everything that’s happened in the news so far today.
You’re part of the inflation problem, McKibbin tells Chalmers
Former RBA board member Warwick McKibbin says the treasurer should be doing more to get price rises under control, instead of criticising the central bank.
June 2024
Sam Kennard’s pub shows what’s wrong with Australia
The Kennards Self Storage owner’s struggle to build a craft pub is an example of the nation’s economic problems.
May 2024
Bull and the budget: supplicants take over Canberra
As the treasurer hands down his third budget, hasn’t he aroused a stupendous chorus of critics?
Chalmers rejects ‘political trick’ inflation reduction claim
Former RBA board member Warwick McKibbin levelled the claim ahead of Tuesday’s budget, while economists warned bill relief would only stoke consumer demand.
April 2024
Future Made in Australia a regression to the past
Anthony Albanese’s new protection carries all the old risks of the old protection that took generations to dismantle.
‘Dangerous’ policy mix threatens rate cuts
Higher US inflation has economists warning interest rates may need to go higher to offset a “dangerous” cocktail of tax cuts and green industrial subsidies.
March 2024
None of us are monetarists any more
Milton Friedman was a leading economic figure of the 20th century, but his monetary policy theory didn’t work in practice.
February 2024
No rate cuts ‘any time soon’: McKibbin
The former RBA board member has rubbished predictions from economists that interest rates could be cut as early as May, saying borrowing costs may still need to rise.
December 2023
The professor, his student and a decade of ‘serious misconduct’
The sacking of star economist Chris Edmond has rocked the establishment. Academics are seeking answers from one of the country’s top universities, and the RBA.
Labor accused of risking super protections in test overhaul
The Coalition says overhauling the annual super fund test would trade away transparency and consumer protections over retirement savings.
November 2023
Bullock raises rates to fight stubborn inflation
RBA boss Michele Bullock has warned that taming inflation is proving more difficult than anticipated, leaving open the possibility of raising interest rates again