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John HawkinsThe Conversation |
The growth figures for June beat expectations – helped in part by record EV sales. But on a per-person basis, the economy is not doing so well.
The Reserve Bank has warned that if we don’t see inflation coming down, it will have to raise interest rates again.
The US dollar is said to benefit from ‘exorbitant privilege’ in international trade. But history shows that may not last.
Let’s unpack how interest rates actually work. Then try the RBA’s quiz to see how well you understand the economy.
Treasurer Jim Chalmers has called his budget “ambitious in the face of adversity”. Speaking to reporters in the lockup on Tuesday night, he...
Even under its worst-case scenario, the government says growth will slow but not stall.
Around half of Australians still use cash in a typical week, and we keep about $65 in our wallets.
Bob Hawke ably managed his government, but he was also luckier than previous Labor prime ministers.
The second rate hike this year will add another $100 a month to the average mortgage, just as fuel prices are surging.
Sussan Ley has announced that, after a fortnight’s farewell tour, she will step down as the member for Farrer. This sets the stage for what will be...
Sussan Ley’s retirement from parliament means all eyes will be on the byelection in her regional seat of Farrer – and the contest may well be messy.
A rate hike next week would be an unusually rapid turnaround after the recent interest rate cuts.
It’s unusual for central bank leaders to issue such a statement. But the reason is simple: what happens in the US matters worldwide.
The latest inflation figures are an important piece of the puzzle for the Reserve Bank ahead of its next interest rate decision in February.
From societies without money to profiteering aliens, the world of Star Trek has more to say about economics than you might think.
The state breakdown shows growth in the services sector helped to offset weakness in mining and manufacturing.
The state breakdown shows growth in the services sector helped to offset weakness in mining and manufacturing.
But the new monthly index might create the impression there’s more inflation than there actually is.
Collectively, the trio’s work has examined what drives sustainable economic growth over time, including scientific innovation and the birth and...
The trade wars could eventually undermine the importance of the US dollar, but it isn’t happening yet.
Is climate action a cost or benefit? The debate is dividing big Australian businesses. But the answer is clear: benefits from action far outweighs the...
Behind the closed doors of the Cabinet Room, the treasurer is pushing for ‘concrete ideas’ that won’t cost Australia more.
Reserve Bank Governor Michele Bullock needs to keep the bank’s focus on unemployment as well as inflation.
Stone was the last of the old-style Canberra mandarins, serving eight Australian treasurers, from Snedden to Keating.
Unless we are happy to keep government debt, – which is already close to a trillion dollars – growing indefinitely, taxes will need to rise.
Turmoil in markets has added another layer of complexity to the outlook for interest rates.
Nvidia is one of the world’s most highly valued companies. A new book suggests its Taiwanese-born CEO is as grounded as any centibillionaire could be.
Business investment is mired at 30-year lows. Why is it so weak and what needs to change?
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