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The RBA chose to sit on its hands in 2024. Here’s why

The RBA chose to sit on its hands in 2024. Here’s why

If and when the RBA does cut interest rates, it will provide relief to millions. But it will also bring sighs of despair from others.

  • by Shane Wright

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Five Australian cities are now among world’s top 20 most expensive

Five Australian cities are now among world’s top 20 most expensive

The International Monetary Fund says nothing short of major reform can change the fact that Australian housing, across all international metrics, is some of the most expensive in the world.

  • by Shane Wright
What’s happened to the cost of living is trickier than you think
Opinion
Bills

What’s happened to the cost of living is trickier than you think

While we complain about “the cost of living”, the mugs who elected Donald Trump again were on about “inflation”. Aren’t they the same thing? Maybe, maybe not.

  • by Ross Gittins
The RBA might delay cutting rates – again. There’s a silver lining for some

The RBA might delay cutting rates – again. There’s a silver lining for some

Internal documents suggest the Reserve Bank may have to delay interest rate cuts – and its economists understand why that’s confusing for regular Australians.

  • by Shane Wright
America and Australia tell a tale of two pandemics, and their political outcomes

America and Australia tell a tale of two pandemics, and their political outcomes

While Australians challenged fireworks cancellations last week, the richest man in the world was busy lobbying America’s president-elect for a shutdown.

  • by Sean Kelly
Public patience wearing thin on Labor’s economic vision
Editorial
Opinion

Public patience wearing thin on Labor’s economic vision

The question is whether the treasurer’s talk of a soft landing will convince voters that the government is doing enough to alleviate the hardship they are experiencing.

  • The Age's View
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More migrants, fewer babies as population heads for 31.3 million

More migrants, fewer babies as population heads for 31.3 million

Australia is expected to be home to an extra 4.1 million people by the middle of the next decade, despite falling fertility and an increase in deaths.

  • by Shane Wright
The nation has lost its horsepower. Why? Because our leaders are too scared to act

The nation has lost its horsepower. Why? Because our leaders are too scared to act

The mid-year economic update is a dismal portrait of a mediocre nation, but both sides of politics are culpable.

  • by David Crowe
‘We’ve been vindicated’: Chalmers says government spending has saved the nation from recession
Exclusive
Jim Chalmers

‘We’ve been vindicated’: Chalmers says government spending has saved the nation from recession

After coming under fire from for his mid-year budget update, Treasurer Jim Chalmers says: “We’ve rejected this free advice that says slash and burn in the budget”.

  • by Shane Wright and David Crowe
Everything you need to know about MYEFO in five charts

Everything you need to know about MYEFO in five charts

Here’s a guide to help you see through the sea of red unveiled by the treasurer.

  • by Millie Muroi
‘Conditions are favourable’: NAB chief sees economy in good shape ahead of rate cuts

‘Conditions are favourable’: NAB chief sees economy in good shape ahead of rate cuts

National Australia Bank chief executive Andrew Irvine says the nation’s economy is in “reasonable shape” and he’s optimistic about trading conditions in 2025 as interest rates decline. 

  • by Daniel Lo Surdo

Original URL: https://www.theage.com.au/topic/australian-economy-1m3k