RBA’s grim warning on rates, inflation
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
The Treasurer has been blasted for providing a budget that does not adequately support Australia’s poorest people amid the ongoing cost-of-living crisis.
The Coalition will ban foreign investors and drastically reduce migration numbers in a pre-election pitch that has accused Labor of being “disconnected” to everyday Australia.
Opposition Leader Peter Dutton is bracing for an early election, and will lay out his vision for the country in a speech on Thursday night.
Opposition Leader Peter Dutton is bracing for an early election, and will lay out his vision for the country in a speech on Thursday night.
Workers, already under pressure from inflation, saw their wages slide last quarter but there is some good news for homeowners.
Despite a chorus of economists sharing concerns with the budget, the Treasurer is adamant his plan won’t make the cost of living crisis worse.
Aged care and health groups have slammed the Albanese government for putting major reforms on the “back burner” in the federal budget.
Thousands of Australians have bagged out the Labor Government for its latest federal budget. See their thoughts and have your say.
The Prime Minister has hit back against claims his budget will take money out of border protection as the government grapples with a rise in illegal boat arrivals.
In an attempt to neutralise criticism over a key Labor policy, the Treasurer said households needed immediate support.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/15