Inflation
Bankrupt, bust or giving up: Businesses shutter at pandemic levels
Data shows more than one in 20 businesses across the country is failing as consumer spending dries up and high costs hit their bottom line.
- by Shane Wright
Latest
Opinion
Sharemarket
How Wall Street and the Fed could derail Trump’s MAGA plans
Sharemarket investors were initially excited about the president-elect’s return to the White House but Jerome Powell quickly became the party pooper.
- by Stephen Bartholomeusz
Opinion
Interest rates
Memo to RBA: If wages growth isn’t the problem, then what is?
The Reserve Bank of Australia is worried excessive growth in wages is keeping inflation above its target zone. But there’s absolutely no sign of that happening.
- by Ross Gittins
Opinion
Currencies
Rampant US dollar sends a threatening message to the rest of the world
The greenback has surged against currencies of America’s major trading partners since the election, sounding a warning for the global economy.
- by Stephen Bartholomeusz
Real wages are growing at highest rate since 2020. But it’s unlikely to last
After years of wage rises lagging behind inflation, they rose more than inflation in the year to September – but wage increases have already started to slow.
- by Shane Wright and Millie Muroi
Peter Dutton backs away from tax cuts for the rich
Opposition Leader Peter Dutton said Australians were just as focused on inflation as Americans who elected Donald Trump as he refused to commit to the reform.
- by Olivia Ireland
Chalmers’ $900m carrot to convince states to rip up red tape
Treasurer Jim Chalmers will unveil plans, mirroring reforms used by Paul Keating and John Howard, to get the economy running faster and cheaper.
- by Shane Wright
A sky full of profits: Qantas blames Coldplay for airfare surge
The competition watchdog has revealed prices on some flight routes more than doubled in the months after Rex Airlines’ collapse and the demise of budget carrier Bonza.
- by Shane Wright and Millie Muroi
Olympic plans in disarray amid claims of widespread blowouts, delays
The Queensland government has rejected a Commonwealth plea to get on with building Olympic venues, insisting the LNP’s mooted 100-day review must be allowed to play out.
- by Cameron Atfield
Opinion
US Votes 2024
Trump’s Machiavellian plot to undermine the man he would love to get rid of
Jerome Powell says he will not resign as chairman of the US Federal Reserve should the president-elect ask him to. Trump’s advisers are working on a Plan B.
- by Stephen Bartholomeusz
Beloved Perth business puts out distress call as cost of living bites
In only 6½ years it’s built a whopping following, making it one of Perth’s most successful shops of its kind. So why can’t that keep the wolf from the door?
- by Emma Young
Original URL: https://www.smh.com.au/topic/inflation-1mph