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Australian economy

Yesterday

Reserve Bank governor Michele Bullock was caught off guard by the acceleration in house prices, says Citi.

Citi touts February rate hike in a bold call for the RBA

The investment bank is the first major forecaster to tip two rate hikes in 2026, arguing that the RBA needs to act fast to get inflation under control, or risk losing credibility.

Cabinets housing servers inside a NextDC data centre in Sydney.

Silicon Valley wants Australia for data centres, but Canberra is afraid of the dark

Having exhausted excess power in the US, the tech giants want to have AI factories in Australia. Are we the lucky country again, or is it all a trick?

This Month

Politics makes business too risk-adverse, top CEOs say

The Australian business sector has become more risk-adverse and short term since the royal commission, according to Australia’s top chief executives.

Lucky country losing ground: Top CEOs on the risks we can’t ignore

Chanticleer columnists James Thomson and Anthony Macdonald asked 55 of Australia’s top chiefs on what keeps them up at night. Here’s what they said.

End policy paralysis: Top CEOs map out productivity fixes

The nation’s foremost chief executives told the annual Chanticleer poll that governments need to foster global competitiveness among local businesses.

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Ryan Stokes, Mike Henry and Alexis George says the RBA has done all it can to tame inflation.

Top CEOs accuse Labor of hobbling RBA with excess spending

More than 50 chief executives say the Albanese government must fight against inflation by cutting spending and boosting productivity.

‘Stop sugar-hit spending’: Top CEOs on how to get the economy moving

Australia’s foremost chief executives have told the annual Chanticleer poll that governments need to step up and drive productivity. And time is running out.

Interest rates are (likely) going up in 2026. Chalmers could be blamed

Under Labor, federal spending has reached 27 per cent of GDP, the highest since the 1980s (outside COVID). The treasurer has to act or interest rates may rise.

RBA governor Michele Bullock on Tuesday.

Here’s what the RBA should do next to tame inflation

If the board waits too long and the inflation trend is not reversing, then it will have to play catch-up, jeopardising impressive gains in the labour market.

RBA governor Michele Bullock’s surprised markets by suggesting rate hikes.

Several RBA rate hikes on the way in 2026

RBA governor Michele Bullock has triggered a huge repricing of rate expectations. Financial markets are now fully priced for a cash rate increase by May next year.

The unexpected surge in inflation in the September quarter stoked concerns that the central bank board had jumped the gun by cutting rates three times this year.

No Christmas rate cut, but new year might start with a rise

If governments continue to pump demand and hide behind temporary cost of living sugar hits, they will complicate the central bank’s goal of price stability

RBA governor Michele Bullock on Tuesday.

RBA is worried it cut interest rates too far

Michele Bullock is ringing the alarm on “upside” inflation risks and openly talking about the plausibility of raising interest rates next year.

Governor Michele Bullock is expected to take a firm stance on inflation on Tuesday.

Not so fast: bond investors say RBA rate cuts more likely

Markets imply the central bank will lift the cash rate twice next year, but several fund managers say traders have overreacted to recent data.

Victorian Premier Jacinta Allan and Treasurer Jaclyn Symes have failed to take accountability for the state’s parlous finances and tended to paper over criticisms.

Jacinta Allan’s budget gamble is a risk Victorians can’t afford

Victoria’s budget update is a sober reflection of the government’s conscious decision to prioritise spending its way to an electoral victory.

Is the Australian economy firing up or hitting a wall?

The answer will determine the direction of the Reserve Bank’s next interest rate move. Opinions are divided.

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AOFM chief executive Anna Hughes outside the Treasury building in Canberra.

Treasury debt manager hit by staff exodus, corruption claims

The Australian Office of Financial Management has lost about a quarter of its 50 staff over the past year, with employees raising corruption concerns.

The bull market in ASX micro caps is set to extend into 2026.

9 ASX micro stocks that have won big this year

Micro caps have rocketed this year. A luxury car dealer, building materials company and a gym operator have been just some of the winners for fund managers in 2025.

The Business People of the Year awards seek to honour the leaders, builders, pioneers and stirrers who have helped to shape Australia’s business landscape.

Resilience, sense of adventure unite Business People of the Year

Mike Dorrell, Jo Horgan, Dennis Bastas, Meg O’Neill, David Harrison and Leah Weckert all had a stellar 2025. Defining traits are at the heart of their success.

Finance Minister Katy Gallagher during Senate Estimates on Wednesday

Black market economy: ABS to measure illegal cigarette sales

As sales of legal tobacco products plunge, the government statistician has taken the extraordinary step of trying to measure spending on black market nicotine.

RBA governor Michele Bullock and Treasurer Jim Chalmers appear to have differing views on whether the inflation dragon is tamed.

Treasurer places his bet on how to lift momentum

Jim Chalmers is confident that private sector investment will balance out all that government spending, but Michele Bullock sounds less sure inflation is tamed.

Original URL: https://www.afr.com/topic/australian-economy-1m3k