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Australian economy

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Reserve Bank Governor Michele Bullock.

Is the RBA a glass-half-full type of place? Its next rate decision will tell us

The national economy grew by a less-than-expected 0.2 per cent in the first three months of the year. At face value, the figure would seem to strengthen the case for a rate cut.

  • Shane Wright and Millie Muroi

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The OECD says Australia’s housing crisis is holding the nation back economically.

Australia’s horror housing crisis singled out by global think tank

A chorus of experts argues the nation is being hamstrung by a dysfunctional housing sector. Now the world is taking notice of just how bad it is.

  • Shane Wright
Finance Minister Katy Gallagher and Treasurer Jim Chalmers have said they will prioritise responsible economic management.

Budget $5 billion better off thanks to bigger tax scoop

The budget remains in deficit, but documents released on Friday showed an improvement as Australians paid more tax.

  • Millie Muroi
US President Donald Trump is used to getting his own way.

Australia can’t just let Trump do what he wants

The US president doesn’t like taking no for an answer. That doesn’t mean we have to let him have his way.

  • Millie Muroi
The Productivity Commission found work from home is unlikely to be a cause for stagnating growth.

Working from home – sometimes – found to be good for the economy

Working from home was widespread during the pandemic - and the Productivity Commission found it is not to blame for Australia’s stagnating economic growth.

  • Olivia Ireland
House prices in Sydney and Melbourne could climb 12 per cent by the end of next year, HSBC has warned.

Rate cuts and election promises to push house prices up even higher

Economists are expecting Sydney and Melbourne house prices to rise by up to 12 per cent as rate cuts and a lack of supply make housing less affordable.

  • Shane Wright
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Donald Trump, RBA governor Michele Bullock and the “uncertainty index”.

Donald Trump – a bigger problem than COVID and the GFC combined

The Reserve Bank chooses its words carefully. In its most recent economic outlook, it used the word “uncertain” much more than ever before.

  • Shane Wright
Illustration by Dionne Gain

After 50 years, we’re back to the glory days of full employment

One factor explains why Labor won the recent election so convincingly despite a cost-of-living crisis.

  • Ross Gittins
The deluge of grim economic numbers deprive President Donald Trump of a success story to campaign around as he seeks re-election in November.

The Reserve Bank has a special term for Donald Trump

Home buyers will be happy with the RBA’s latest rate cut. But it hides the full threat posed by uncertainty caused by the US president.

  • Shane Wright
RBA governor Michele Bullock is widely expected to lower the cash rate on Tuesday.

Interest rate cut was nearly bigger as instability fears linger

The Reserve Bank has cut the official interest rate for the second time this year against a backdrop of what further actions by Donald Trump might bring.

  • Shane Wright and Millie Muroi

Original URL: https://www.watoday.com.au/topic/australian-economy-1m3k