Reserve Bank risks recession with August rate rise
The Reserve Bank is at a critical point, economists say – it could let inflation remain a little higher for longer or risk tipping Australia into a recession.
- by Rachel Clun
Latest
Consumer confidence bounces with stage 3 tax cuts
The joy may be short-lived, with inflation data due next week key to the Reserve Bank board’s next interest rate move.
- by Rachel Clun
Exclusive
General insurance
The forgotten tax adding billions to the country’s insurance premiums
State governments have reaped billions from stamp duty on insurance, and the industry’s peak body says it’s time for states to put that money back into mitigating natural disasters.
- by Rachel Clun
All eyes on inflation figures after strong employment result
Inflation figures due in less than two weeks will be the key to next month’s rates decision, as the country’s jobs market remains strong despite economic headwinds.
- by Rachel Clun
Trump shooting LIVE updates: Investigation continues into suspected gunman’s motive after former US president wounded at Pennsylvania rally
It’s been a day since former US President Donald Trump was shot at a rally, and the fallout from the assassination attempt is continuing to rock the world.
- by Rachel Clun and Madeleine Heffernan
Exclusive
Children's Health
‘Just a sweet drink’: Call for crackdown on sugary toddler milks and formulas
Baby formulas cannot be marketed, but toddler milks aren’t covered by the voluntary code. Health experts say that is not good enough.
- by Rachel Clun
Joe Biden press conference LIVE updates: Fresh blow for president ahead of make-or-break moment
The media opportunity comes amid a growing number of Democrats calling on him to stand aside as the party’s candidate in the November 5 election.
- by Rachel Clun and Farrah Tomazin
Gen X, Millennial Australians better off than their parents – but not all
Australians are largely growing up to be better off than their parents, but there are risks younger generations may not gain much ground.
- by Rachel Clun
Australian real wage growth among worst in OECD
As the government campaigns on the cost of living, the OECD reports Australia’s wage growth lags the UK, Canada and the United States.
- by Rachel Clun
Rents, weather events and premiums mean fight against inflation not yet won
Australia’s inflation rate has been falling for over 18 months, but rent and insurance inflation are among the household essentials bucking that trend.
- by Rachel Clun
Early end-of-financial-year sales help lift retail spending
Retail turnover rose by 0.6 per cent in May following two sluggish months of consumer spending.
- by Rachel Clun and Shane Wright
Original URL: https://www.smh.com.au/by/rachel-clun-hvf36