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.
Jack Quail
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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.
State, federal budgets adding to inflation: OECD
Jim Chalmers and the states should tighten their fiscal purse strings, the Paris-based OECD has said, after concluding that the nation’s budgets were ‘moderately expansionary’.
‘Economy is sad without much hope’
Australia’s longest per capita recession has deepened with a crash in growth delivering what has been labelled a ‘sad economy without much hope’, reliant on record government spending to avoid heading in reverse.
Public spending hits new high
Government spending has hit its highest level ever on the back of living-cost relief, rapid expansion of the care sector and public servants’ wage hikes.
Government spending soars to $195.8bn on back of rebates, handouts and pay hikes
Federal and state spending has risen 3pc in the three months to September, as an extra $5.7bn was splurged on measures including power bill rebates, Queensland’s 50c public transport fares and public sector wage hikes.
Headache for Chalmers as mining profits take $4.6bn hit
Profits in the resources industry have slipped 8.8 per cent, driving an unexpected drop in economy-wide earnings and threatening to push the federal budget deeper into deficit.
Treasurers meet to tackle the nation’s low productivity problem
State and federal treasurers converged in Canberra on Friday in an effort to tackle Australia’s productivity malaise.
Unions play their hand: RBA board game
Jim Chalmers is being pushed by unions to shape the RBA’s new rate-setting board to serve ‘workers’ perspectives, sparking a warning of possible election-eve politicisation of appointments.
RBA governor schools Chalmers on inflation data
Michele Bullock has delivered a blow to Jim Chalmers’ emphasis of the reduction of headline inflation figures, arguing that underlying measures were the ‘best way’ to measure price pressures across the economy.
Original URL: https://www.theaustralian.com.au/author/jack-quail/page/5