Yesterday
Which states are in ‘the slow lane’ for retail spending?
Retail sales in Victoria and Queensland are lagging the rest of Australia on a per-person basis, while Western Australia tops the spending charts.
- Updated
- Ronald Mizen
- Opinion
- Chanticleer
‘If it was normal, I wouldn’t be in a job’: inside AustralianSuper’s year
CIO Mark Delaney realised he was too bearish and had to make an important call over Christmas. By April, it was reversed. Nvidia was at the heart of it.
- Updated
- Anthony Macdonald
- Opinion
- Immigration
Slashing foreign student numbers would be economic self-harm
Before the government puts the squeeze on Australia’s $48 billion university export industry, it should consider how much GDP it is prepared to sacrifice.
- Bran Black
This Month
RBA inflation target challenged by power prices
Other areas of the economy will need to offset the impact of higher than expected power prices to keep inflation within target, economists say.
- Angela Macdonald-Smith and Ronald Mizen
Rising inflation tests RBA’s ‘limited tolerance’
More rate rises could be needed, as soon as August, after the Reserve Bank noted inflation “increased the risk” rates would not rein in CPI as quickly as forecast.
- Ronald Mizen
- Opinion
- Opinion
The public sector is the key to Australia’s productivity puzzle
There is some cause for cautious optimism for increased productivity in the healthcare sector if outcomes can be more accurately measured and assessed.
- Alex Robson
June
- Opinion
- Opinion
RBA’s new Englishman tells Aussies: you’ve forgotten how rich you are
If Australians don’t appreciate their fortune, as Andrew Hauser correctly points out, they may not be well placed to preserve it.
- Michael Stutchbury
- Exclusive
- Jim Chalmers
Recession a 50-50 chance if RBA raises rates: economists
As many as 100,000 Australians could lose their jobs in an inflation-driven recession likely to coincide with the federal election.
- Aaron Patrick
- Opinion
- Opinion
Government under the cosh, keen to claim a win with Assange
It’s still not clear how Australia managed to get the Americans to drop the process of law on a man they wanted for espionage.
- Laura Tingle
Democrats mull replacing Biden after ‘terrible’ performance
Joe Biden’s mental and physical capabilities became a main point of discussion as the head-to-head concluded. Critics also slammed the absence of real-time fact-checking. Follow updates here.
- Updated
- Euan Black
APRA chairman: I won’t be winding back the regulatory clock
John Lonsdale hit back at CEOs seeking relief, declaring current APRA restrictions as deliberate and appropriate, in a speech at an ABA event on Wednesday.
- James Eyers
Profits finally run over by the interest rates truck
Somehow, corporate profits and margins beat expectations at the February reporting season. A spate of downgrades this week shows cost pressures and softening demand is finally biting.
- Anthony Macdonald
Coles, Woolies face multibillion-dollar fines under new mandatory code
Treasurer Jim Chalmers has agreed to adopt all 11 recommendations of Craig Emerson’s review into the Food and Grocery Code of Conduct.
- Ronald Mizen
- Opinion
- Chanticleer
Two charts show why RBA is discussing rate increases, not cuts
Australia is in pretty rare company and that’s not necessarily a good thing. What the bank needs if it is to stamp out goods inflation is a stronger Australian dollar.
- Anthony Macdonald
State spending splurge could delay interest rate cuts, warns Westpac
Governments are planning to inject more than $50 billion of stimulus into the economy in the year ahead, adding to inflation pressures, the bank has warned.
- John Kehoe
- Analysis
- Steven Kennedy
Why our spooks and economists are teaming up to manage China
Treasury Secretary Steven Kennedy and chief spook Andrew Shearer are leading a new economic security regime that will have far-reaching consequences for business and investors.
- John Kehoe
- Exclusive
- BOSS
Tax cuts will prolong rate pain: directors
Economic uncertainty and the energy transition are among the top issues being debated in our biggest boardrooms.
- Patrick Durkin and Sally Patten
Skilled refugees could unlock $9b in extra GDP
Maths graduate Wissam Chabo applied for 100 jobs before getting work in a local cafe. Research shows skilled migrants are badly underutilised, even during Australia’s skills shortage.
- Euan Black
- Opinion
- Opinion
Gillard is right: Gender equality must mean no man left behind
The former PM’s view that decades of advocacy have felt exclusionary is a challenge to invite men and boys into the conversation
- Susan Lloyd-Hurwitz
- Opinion
- JobKeeper
Why JobKeeper may be part of our productivity problem
An anxious Reserve Bank of Australia is hoping for a pick-up in labour productivity this year to help alleviate the economy’s inflation problem.
- John Kehoe