Get ready for $650bn borrowing splurge
A four-year borrowing spree by governments is expected to reach levels typically experienced during economic crises, Westpac says.
Jack Quail
Latest
RBA gives Labor reason to hope for a pre-poll rate cut
Reserve Bank governor Michele Bullock says she is more confident that inflation is easing, abandoning her previous threat of ratcheting up interest rates even higher.
ACTU demands action on rates, RBA ‘getting it wrong on jobs’
As Sally McManus heaps pressure on Michele Bullock to deliver relief, Australia’s top labour market expert warns the Reserve Bank is overestimating the strength of the country’s jobs market.
‘Watch our words’, ASIO boss warns after synagogue attack
Mike Burgess said on Monday that politically motivated violence is now a ‘principal security concern’, as the national terrorism threat level ‘remains at probable’.
ACTU to turn heat up on RBA’s Bullock
RBA governor Michele Bullock is set to stare down growing demands for interest rate relief, as the union movement on Monday will move to ratchet up pressure on the central bank which remains at the back of pack in the global rush to cut rates.
Dutton about-face on migration pledge
Dumping plans to cut the net overseas migration intake to 160,000, the Opposition Leader said the Coalition would instead unveil the key element of its pitch to voters after the election.
‘No question’ Albanese ‘inaction’ led to synagogue attack: Dutton
The Opposition Leader said Anthony Albanese should have ‘stood up’ to anti-Semitism, slamming his ‘grotesque stance’ on Israel and Palestine that had left the Jewish community to ‘hang out to dry’.
Public sector jobs still booming
The booming growth in government-aligned jobs continued in the September quarter, underpinning the nation’s bumper employment gains but dragging on productivity growth.
NBN left in the dust by Musk’s Starlink
The tech titan’s Starlink service has blitzed the NBN’s ageing satellite system in internet speed stakes, heaping more pressure on the $620m taxpayer-funded venture.
No cash splash in MYEFO: Chalmers
Some experts say additional government expenditure would not be sustainable and threatens to keep interest rates higher for longer.
Original URL: https://www.theaustralian.com.au/author/jack-quail/page/4