Albanese’s alternative inflation facts emerge in row with RBA
Anthony Albanese has denied the central bank had blamed state and federal budget spending on higher inflation forecasts, with economists declaring the Prime Minister was wrong.
Anthony Albanese has denied the central bank had blamed state and federal budget spending on higher inflation forecasts, with economists declaring the Prime Minister was wrong.
Master Builders Australia is calling for the establishment of a new dedicated building and construction visa pathway to help address the housing crisis and build 1.2 million new homes.
A growing divide between Jim Chalmers and the RBA contains risks for public policy and traps for the central bank, with the Treasurer rejecting warnings government spending was contributing to prolonged inflation.
Reserve Bank governor Michele Bullock reveals ‘very serious’ consideration was given to a hike on Tuesday, with the central bank acknowledging government spending was keeping inflation higher for longer.
The nation’s peak mining body has accused the Albanese government of siding with the Mining and Energy Union against BHP in a Fair Work Commission case.
Carnage on Asian stock markets and a global sell-off fuelled by fears of US recession have driven speculation the RBA could shift from controlling inflation to stimulating growth by early 2025.
Home Affairs opted not to cancel the visas of 66 criminals – including child sex and rape offenders – under Direction 99, with Tony Burke facing fresh demands to review the decisions.
Anthony Albanese now faces fresh divisions with pro-voice campaigners over his decision to dump the Makarrata process, with Pat Anderson blasting his comments as confusing.
New documents have revealed a three month long stand-off in 1982 between the Reserve Bank and then treasurer John Howard, when the nation came closest to overriding the central bank.
The Productivity Commission says a $1bn commitment to make more solar panels in Australia should be retrospectively subjected to a new national interest test being proposed by Labor.
Original URL: https://www.theaustralian.com.au/author/joe-kelly/page/35