Yesterday
- Exclusive
- Federal budget
Please explain: Treasury and Finance in hot seat over $7.4b black hole
The heads of Treasury and Finance are being urged to explain why no extra money was set aside to pay for public servant wage increases over the next three years.
- Updated
- Michael Read
- Opinion
- Monetary policy
A February interest rate cut is a goer if RBA changes one thing
Should the Reserve Bank downwardly revise its 4.5 per cent estimate of full employment, the first reduction will happen in just a few weeks.
- Stephen Miller
- Opinion
- Chanticleer
How Magellan plans to make money, without two super-hot stocks
Hamish Douglass is gone – along with plenty of clients – but the global equities team marches on with the same search for quality compounders.
- Anthony Macdonald
This Month
- Opinion
- Chanticleer
Bumpy Trump era can be boom years for Australia, investors
Australian boardrooms can’t know what his second presidency holds, but they need to be ready to seize opportunities. Change is coming.
- Anthony Macdonald
Who made Zuckerberg’s $1.4m watch? Take our quiz
Have you been paying attention this week? Test your knowledge across politics, business and world news.
- Daniel Arbon
FIFO mining camp operator bleeds cash as losses mount
French company Sodexo’s expansion into Australian FIFO camps has racked up nearly $177 million in cumulative losses over the past nine years.
- Peter Ker
Softer inflation, cheaper land offer new home buyers a boost
Builders say cost growth has stabilised. Costs aren’t yet falling, but there are signs of relief in land discounts and even possible rate cuts.
- Michael Bleby
$12b blowout in public servant wages since election
Labor is on track to spend at least $12 billion more on public servant wages than it forecast in its first budget, but says it has clawed back $4 billion by cutting down on outsourcing.
- Michael Read
Soft inflation data brings February rate cut into sight
Economists and markets are increasingly confident the RBA will cut the cash rate in February after price pressures cooled further in November.
- Updated
- Michael Read
Inflation figures show ‘substantial and sustained progress’: Chalmers
Treasurer Jim Chalmers says headline inflation has now been in the RBA’s target band for four months; Victorian Liberal leader’s plan to scrap SEC would increase power prices, minister says. How the day unfolded.
- Updated
- Lucy Slade and Timothy Moore
- Opinion
- Chanticleer
Boards better off getting on with business than playing economists
The risk for investors is that boards use the interest rates confusion to shut up shop and wait until the supposed uncertainty clears.
- Anthony Macdonald
- Exclusive
- Federal budget
Labor’s $7.4b black hole from public service budget blunder
Labor has put aside almost no money for public sector wage rises despite already agreeing to increase the salaries of 185,000 public servants.
- Michael Read
- Opinion
- Opinion
RBA should cut rates and not be fooled by trimmed mean inflation
The actual inflation rate Australian consumers and businesses feel is now within the designated target range of 2-3 per cent. The RBA should not ignore this.
- Craig Emerson
Wealthy inner-city suburbs wear the most pain in weak property market
Home values fell in December for the first time in nearly two years. But the dip is much bigger in more expensive areas, while affordable regions soar.
- Campbell Kwan
Reserve Bank rate cut hopes skirt federal election decider
Stubborn inflation, a tight jobs market and weak productivity thwarted interest rate relief in 2024. The Financial Review’s economist survey predicts that will change in May.
- Cecile Lefort
December 2024
More than 80pc of Aussies paying too much for their electricity
Households that have not changed power plans in more than two years are paying $317 more annually than customers on newer offers, according to the ACCC.
- Michael Read
New year, new rules: all the January 1 changes you need to know
From pricier passports to more fuel-efficient cars, the start of the year will bring changes that will hit your finances, your workplace and even your kitchen.
- Michael Read
Gerry Harvey reveals his biggest problem with property development
The retail billionaire and sideline property investor says costs will keep rising, and that’s bad for projects – as well as for the people who work on them.
- Updated
- Michael Bleby and Primrose Riordan
- Analysis
- Australian economy
The lucky country has blown the (20-year) boom
Australian governments have frittered away much of the windfall from the mining boom, which may now be fading. And there is no plan to pay for spending locked in.
- John Kehoe
Soft wages, growth revive chances of first RBA rate cut in February
The Reserve Bank has signalled it could be ready to cut the cash rate early next year if upcoming data meets expectations, bolstering Labor’s re-election prospects.
- Michael Read