Australian economy
RBA warns economic backseat drivers are playing ‘a dangerous game’
The Reserve Bank has come under fire over interest rate settings, prompting RBA deputy governor Andrew Hauser to caution against economic “false prophets”.
- by Shane Wright and Millie Muroi
Latest
Analysis
Political leadership
Labor finally turns around primary vote slide – just
There is a glimmer of hope for the government in the latest Resolve survey. But voters doing it tough want economic solutions.
- by David Crowe
Opinion
Interest rates
Maybe only a recession will fix macroeconomic management
The reliance on interest rates to reduce demand is hugely unfair – and it is lacking in effectiveness.
- by Ross Gittins
Exclusive
Political leadership
Voters mark down Labor on economic management after RBA rates call
The electorate isn’t convinced by Labor’s handling of the nation’s finances, the latest Resolve Political Monitor shows, although the government’s primary vote rose.
- by David Crowe
RBA ‘will not hesitate to raise rates’ if needed, Bullock says
Reserve Bank governor Michele Bullock says the bank must walk a tightrope between taming inflation and preserving jobs, noting regional labour markets have been tighter than those in capital cities.
- by Millie Muroi
‘We’ve lost a cylinder in a four-cylinder engine’: Insolvency help soars as economy struggles
There’s been an “astonishing” increase in the number of administrators appointed to struggling firms, in a further sign the overall economy is struggling.
- by Shane Wright
Exclusive
International students
Labor’s international student caps ignite recession fears
Australia could be pushed into a recession if universities are forced to slash their international student numbers under Labor’s migration crackdown.
- by Daniella White
‘Not what people want to hear’: RBA holds rates steady, douses hope of pre-Christmas cut
The bank board noted that getting inflation back to its 2-3 per cent target had been “slow and bumpy” as it confirmed the official cash rate would remain at 4.35 per cent.
- by Shane Wright and Millie Muroi
No smiling matter: Chalmers’ inflation reprieve is hiding some economic frowns
Inflation figures this week have probably stopped the Reserve Bank from further interest rate rises, but the economy on Jim Chalmers’ watch is still struggling.
- by Shane Wright
The surprise state topping Australia’s economic ladder
It’s not WA, although the mining state is fast gaining on top spot, leading on relative population growth and home lending metrics.
- by Jacob Shteyman and Abe Maddison
Crucial inflation number to set scene for rates call
All four big banks are predicting slightly lower inflation numbers in the latest data – but a higher number could lead to an interest rate rise.
- by Poppy Johnston