IMF says Australia’s high interest rates are ‘essential’ – and may rise again
The “last mile” in Australia’s inflation battle is proving more drawn-out than expected, the IMF has found, raising the possibility of another rate rise.
- by Millie Muroi
Latest
Vapes are legal again - but pharmacies allowed to sell them aren’t celebrating yet
Pharmacies can now stock therapeutic vapes – but many are holding back on ethical grounds or believe registration for the new system is too onerous.
- by Millie Muroi
Coles and Woolies face fresh battle to keep competitors at bay
Just a week after the competition watchdog started legal action against Coles and Woolworths, the federal government is targeting their undeveloped supermarket sites.
- by Shane Wright and Millie Muroi
The people most likely to have negatively geared properties
Some of Australia’s top earners are among the most likely to have a negatively geared investment property – but many people in lower paid jobs use the tax concession too.
- by Millie Muroi and Nick Bonyhady
Opinion
Jobs
The Reserve Bank is killing it – their job, that is. But can they help us keep ours?
Recent figures point to the Reserve Bank’s success so far. But there probably needs to be a turning point in the bank’s thinking, and soon, if we’re to avoid a big round of lay-offs.
- by Millie Muroi
Property investors fear forced sales under negative gearing changes
Sydney architect Chirayu Shah says he and his wife could be forced to sell their home at a loss and unable to offer their children housing security down the track.
- by Riley Walter, Tom Cowie and Millie Muroi
‘It’s going to put up rent’: Don’t touch negative gearing, landlords warn
Melbourne investment property owner Naresh Punjabi said changes to negative gearing would be a factor in his vote at the next federal election.
- by Tom Cowie and Millie Muroi
Inflation falls as power subsidies and cheap petrol cut price pressure
A key measure of inflation has fallen to its lowest level in almost three years, with prices falling during winter.
- by Shane Wright and Millie Muroi
The zombie debate about negative gearing is back. What’s at stake?
Negative gearing is back on the agenda. Labor says it’s just looking at possible policy. The Greens are squeezing the government for big changes. Here’s what it all means.
- by Millie Muroi
Updated
Interest rates
RBA says not to expect rate cuts soon and can’t rule out a recession
The RBA has kept interest rates at 4.35 per cent, saying while inflation will fall, it is unlikely to be “sustainably” low for some time.
- by Shane Wright and Millie Muroi
Updated
Supermarkets
‘Price down’ supermarket specials pushed up inflation: PM
The ACCC is suing the supermarket giants, alleging their “Prices Dropped” and “Down Down” discounts weren’t really what they seemed.
- by Jessica Yun, Millie Muroi and Shane Wright
Original URL: https://www.watoday.com.au/by/millie-muroi-p53650