Today
Lavish food and luxury? FIFO workers just want a good night’s sleep
That’s the finding of the most comprehensive study of workers in mining camps, which researchers hope will help resources giants keep staff happy.
The Reserve Bank should lower the cash rate to 3.5pc next month
Despite a genuine boost to real disposable incomes, Australian consumers are unwilling to loosen the purse strings in a meaningful way.
Yesterday
We’re told Australia’s economy is world-beating. The data shows it’s not
Treasurer Jim Chalmers says Australia’s economic story is a one of “relative economic strength”. But his international counterparts have no reason to envy him.
May
Booming jobs market to limit future RBA rate cuts
The latest data supports the central bank’s view the jobs market may be strengthening, making inflation a danger once again.
Employment jumps; Goldstein race tightens; How Brian Hartzer uses AI
Read everything that’s happened in the news so far today.
US job market shows surprising resilience
Wall Street jumped after employers added a better-than-expected 177,000 jobs, suggesting the impact of Donald Trump’s tariffs haven’t impacted the labour market yet.
April
Employment jumps; No Fed bailouts coming; ASX pressured on James Hardie
Read everything that’s happened in the news so far today.
US added 228,000 jobs in March as economy showed strength
The surprising jobs numbers were double what economists had predicted and showed the resilience in the US job market prior to Donald Trump’s trade war.
March
The 5 big risks facing markets right now (that are not Donald Trump)
While the focus is on Donald Trump’s tariff announcement, investors are dealing with five big secular shifts, and a more pressing problem lurking.
Budget was the grand final, not the season opener. Here’s the score
The windfall from the resources boom has been both a blessing for Australia and a curse for decades, giving the government a free kick on fiscal discipline.
Slash rates to avoid recession
Readers’ letters on the need for interest rate cuts, slashing stamp duty for retirees, housing affordability, tax bracket creep and the Melbourne Airport Rail Link.
Employment falls; Single word boosts shares; Apple pulls iPhone ad
Read everything that’s happened in the news so far today.
Job appointments have never been purely merit-based: CEW chief
If we give too much air time to DEI’s detractors, people may begin to believe such programs are unwarranted, says Chief Executive Women CEO Lisa Annese.
February
US jobless claims rise to highest level in three months
Some analysts say they expect lay-offs ordered by the Department of Government Efficiency to have an effect on unemployment in the next few weeks or months.
Jobless rate rises; Labor’s $2.4b Whyalla rescue; Rio Tinto’s miracle
Read everything that’s happened in the news so far today.
US economy adds 143,000 jobs, jobless rate at 4pc
US job growth moderated in January, bolstering the case that policymakers at the Federal Reserve need not rush further interest rate cuts.
Top forecaster Paul Bloxham says trade war changes the RBA path
HSBC’s chief economist says the RBA will only cut twice in 2025, beginning this month, and once in 2026.
January
Show me the money: JPMorgan’s bonus season cheers up bankers
Sources said early signs suggest it would be highly unusual if JPMorgan’s compensation doesn’t rank as top-quartile compared to local rivals – again.
Bond markets stick with early rate cut after jobs blowout
While bond investors modestly tempered RBA rate cut bets after jobs data smashed expectations, they have still priced in a strong chance for a move in February.
Jobs boom puts election rate cut on a knife edge
The stunning employment surge makes a pre-election rate cut less likely than the Albanese government would be hoping.