Inflation still too high to draw rate relief from RBA
As the headline inflation rate eases, the central bank will feel the political heat and a public backlash.
Economics
Super tax bill delay a ‘sure sign’ of issues with Senate approval
SMSF Association chief executive Peter Burgess says the failure to accelerate debate on changes to the superannuation tax regime shows the government knows the bill is in trouble.
‘Clock ticking’ for $5bn in unpaid superannuation
Two years after promising to crack down on businesses failing to pay their employees’ super and beef up tax office enforcement, not much has happened says the SMC.
Chalmers sidestepping his failures: Dutton
Peter Dutton says Jim Chalmers wants to talk about ‘everything but his failure in the economy’, after the Treasurer labelled the Opposition Leader destructive, divisive and dangerous.
Inflation watch: mind the gap
Inflation is expected to have eased further last month, economists predict, as motorists received relief at the petrol bowser and government power bill rebates began to take effect.
Why markets are betting against hawkish RBA
The Reserve Bank’s tough talk on inflation and interest rates is increasingly at odds with that of its central bank peers, including the US Federal Reserve.
How BHP plans to keep its copper king crown
The bets on copper and potash show BHP is undergoing another of its landmark reinventions. Will it be enough?
Business split over right to disconnect law
Unions hailed the right-to-disconnect laws as a ‘cost-of-living win’ for workers but big business has questioned elements of the legislation.
Independent RBA ‘at risk via treasurer veto’
Jim Chalmers’ offer to preserve his power to override the Reserve Bank’s interest rate decisions threatens to undermine its independence, an expert has argued.
Rates, job losses fuel mortgage arrears
A cocktail of higher for longer interest rates and a rising number of Australians losing their jobs is set to fuel the number of households falling behind on mortgage repayments.
Why reporting season is a cautionary tale so far
A difficult macroeconomic backdrop for listed corporates highlights why portfolio exposures are heavily tilted towards the quality end of the ASX 200.
Why Fed is too late with rate cuts
If the Fed had been doing its job it would have already cut rates but it’s now unlikely the US will get its ‘Goldilocks scenario’ and by October the economy won’t look great.
Lessons from two CEOs: Long-term is how it’s done
Two bosses are stepping down in coming months and both will leave an undeniable mark, having reshaped their businesses dramatically.
Corporate leaders warn of sticky inflation, higher rates
Top business leaders have warned the Albanese government faces a ‘challenging’ task taming inflation, with the timing of a rate cut in the balance.
AMP chases under 40s with super ad blitz
AMP has revamped its super business under the leadership of former KPMG executive, Melinda Howes, who has just launched a new ad campaign to target a younger demographic.
Fed’s Powell declares ‘time has come’ for rate cuts
Fed chair Jerome Powell tells closely-watched Jackson Hole summit that the central bank intends to act to stave off labour-market weakening.
ASX earnings outlook trimmed as costs, commodities take toll
The ASX 200 has almost fully recovered from a US growth scare at the start of the month, but corporate earnings forecasts are being reined in.
RBA ball in Coalition’s court: Chalmers
Jim Chalmers says ‘the ball is now in the shadow treasurer’s court’ to progress Labor’s overhaul of the Reserve Bank.
Business angst building over government’s growing to-do list
Business supporters of proposed Albanese government policy are increasingly frustrated that much of its landmark reform will be left on the table.
ANZ takes big four’s ‘bad bank’ crown
Even if the prudential regulator has pre-empted an investigation into ANZ’s bond trading, it believes the bank’s stumbles point to a broader trend.
Original URL: https://www.theaustralian.com.au/business/economics/page/28