Tightening job market creeping up on RBA
The RBA expects it will be among the last of the world’s major central banks to begin the task of winding down and eventually exiting its bond-buying program.
Economics
US danger signs back RBA’s view on rates
Warning hints the US recovery could be stalling will entrench RBA chief Philip Lowe’s caution on interest rate rises.
Hope that vaccines immunise economy
Be patient – the vaccine cavalry is coming, Dr Phil told Australians, as his home city awaited Gladys Berejiklian’s call on reopening the financial and services hub.
Red tape the problem rather than monopoly
Competition is healthy in Australia, so don’t blame this for an increase in profits.
Genie stays in the bottle
Reserve Bank governor Philip Lowe has stuck to his forecast that the cash rate won’t increase until 2024, despite contrary market predictions.
Rates will rise, but Lowe offers something for everyone
Consensus is that a raise in the second half of 2023 is still more likely, which is earlier than previously stated.
RBA holds rates, lessens pandemic stimulus
The Reserve Bank has moved to lessen its pandemic-era policy support in response to a stronger-than-expected economic recovery.
Employment surge turns up heat on rates
Employers will have to pay more to attract workers and that could lead to higher borrowing costs, sooner rather than later
Investment in the future
The issue for industry super funds now is that Australia is becoming too small an investment pool.
The long goodbye to Covid-19
The pandemic is still far from over, but glimpses of its legacy are emerging.
A nation at the Covid crossroads
Between Covid, the Australian economy and global markets, the next few days will prove pivotal.
Back to business: The return of Peter Yates
Businessman Peter Yates has a new job. Next week, he will be announced as chairman of AIA Australia, the life insurer that bought CommInsure from Commonwealth Bank.
Can Treasury really predict 40 years ahead?
Unadulterated and utterly useless garbage, otherwise known as the Intergenerational Report from Treasury, was released midweek by Josh Frydenberg.
How Barnaby can help transform Australia
Not since ‘Black Jack’ McEwen has a National Party leader had the opportunity to undertake a national transformation.
Global tax deal backed by 130 nations
A total of 130 countries have backed a global minimum rate of tax as part of a wider overhaul of rules for taxing multinationals.
![CORRECTION / This aerial photo taken on June 22, 2021 shows a view of Yantian port in Shenzhen in China's southern Guangdong province. - A backlog at Yantian port - China's largest container terminal - caused by a Covid-19 outbreak among port workers will take several weeks to clear, the world's biggest shipping firm said on June 21. (Photo by STR / AFP) / China OUT / âThe erroneous mention[s] appearing in the metadata of this photo by STR has been modified in AFP systems in the following manner: [June 22] instead of [June 21]. Please immediately remove the erroneous mention[s] from all your online services and delete it (them) from your servers. If you have been authorized by AFP to distribute it (them) to third parties, please ensure that the same actions are carried out by them. Failure to promptly comply with these instructions will entail liability on your part for any continued or post notification usage. Therefore we thank you very much for all your attention and prompt action. We are sorry for the inconvenience this notification may cause and remain at your disposal for any further information you may require.â](https://content.api.news/v3/images/bin/cda0e083c2039477d4134b97bd42f06d?width=650)
Hints of weakness in China’s economy
Expansion in the factory sector slowed in June, while the services sector softened as Covid-19 outbreaks dampened consumer sentiment.
Worm turns for workers
Half way through 2021, it is clear that the Australian economy is doing much stronger than expected.
Some lockdowns are just embarrassing
The lockdown in NSW is serious and seriously disturbing. There are signs Premier Berejiklian is, for the first time, channelling her ‘inner Annastacia’.
Order vaccine boosters now: Platinum
Platinum healthcare fund manager Bianca Ogden has called on the federal government to start ordering more Covid vaccine for booster shots.
Housing drives new lending as borrowers ditch credit
Aggregate data from the nation’s top financial regulator shows how Australia’s latest housing bump is the only thing supporting borrowing.
Original URL: https://www.theaustralian.com.au/business/economics/page/196