This Month
Income taxes to rise to pay for ‘stupid’ policies, warns economist
In an audit of the federal government’s finances, budget watcher Chris Richardson warned projections for spending restraint over the coming years were unrealistic.
Trump is going after a huge prize, so this sell-off could get worse
It’s too easy to blame the correction that’s rocked markets this week on Trump’s noise and chaos. This administration is going after a huge prize, and investors need to understand it.
The typical family is $19,000 poorer since Labor took power: Coalition
In a pre-election cost-of-living attack, the Coalition says the disposable income of a typical family is more than $19,000 lower since Labor came to power.
Sticky inflation data is a reminder of market’s stagflationary fear
The latest US CPI data did nothing to cool the market’s fears that we could be headed into a perfect storm of low economic growth and elevated inflation.
Tax take to hit 19-year high
Veteran budget watcher Chris Richardson forecasts tax receipts will hit 23.8 per cent of GDP this year, the highest since the Howard government in 2005-06.
US inflation eases, as economists await impact from Trump’s tariffs
Analysts anticipate that the president’s escalating trade wars will drive up prices on a range of goods from food to clothing in the coming months.
The easy days are over for Aussie investors, too
The ASX might have clawed back some ground on Tuesday, but the shift in sentiment on the local bourse has been brutal.
Why Wall Street’s violent slump can keep running
Investors’ simple game plan – buy the US market, bet on big tech and sleep safely in the knowledge economic and market cycles were dead – is suddenly under question.
After 32 years as NAB’s economist, Alan Oster has a message for your kids
The veteran reveals his most important economic indicator, his big fear about the Australian economy and why he’s not worried about high house prices.
Three in four new jobs in 2024 were underwritten by governments
One in three jobs created in 2024 was in the public sector while more than three-quarters of new roles were in government-funded industries like health and education.
ECB cuts key rate to 2.5pc, signals easing phase nears end
Christine Lagarde says the central bank is switching “to a more evolutionary approach” as it will take longer for inflation to cool towards its 2 per cent target.
The Trump slump that could be good for Australia’s war on rising costs
While the RBA is worried global tariffs could hit Australia’s economy, commodities strategists say the oil price will keep sinking. That’s important.
Australians no better off than a decade ago
Real incomes are slightly lower than they were one year ago and only 1.5 per cent higher than a decade ago.
NZ Reserve Bank governor resigns as nation tries to shake off recession
The Reserve Bank of New Zealand was unable to explain why Adrian Orr abruptly quit on Wednesday in Wellington with three years still to run in his second five-year term.
The charts that underlie the RBA’s inflation fear
There are two big risks dominating the inflation outlook, central bank deputy governor Andrew Hauser told the Financial Review Business Summit.
The secret chart the RBA used to justify its latest rate cut
The central bank’s deputy governor revealed a previously secret graph that showed inflation would have fallen below target if rates were paused for longer.
Chalmers upbeat but economists warn of shallow recovery
Treasurer Jim Chalmers says the Australian economy has turned a corner after the strongest GDP growth figures since the pandemic, but economists say any recovery will be shallow.
Trump is making history. Investors are finally waking up
There is no simple playbook for investors to deal with the policy regime changes Donald Trump has delivered so quickly.
Repair fiscal policy to stop politicians fighting RBA’s monetary policy
Political ill-discipline has produced the biggest spending increase for a first-time government since the Whitlam era 50 years ago.
GDP tipped to grow at fastest pace since 2022 as exports jump
The economy is expected to have grown by 0.6 per cent in December thanks to higher state and federal government spending, resurgent consumers and an influx of tourists.