Business
The economy
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
Latest
A financial tale of two potential vice presidents
Tim Walz and JD Vance both come from modest backgrounds, but one running mate is rich and the other far from it.
- by Sharon LaFraniere
Opinion
Sharemarket
What does the sharemarket turmoil tell us about our economy? Not a lot
Why didn’t the central bank care when panic swept across financial markets earlier this week? In short: because the sharemarket isn’t the economy – or a good indicator of its health.
- by Millie Muroi
Opinion
Interest rates
Sharemarkets gripped by panic amid fears the Fed just made a big mistake
The ASX and sharemarkets around the world are a sea of red as recession fears build in the US.
- by Stephen Bartholomeusz
Opinion
Interest rates
There’s a good case for cutting interest rates ASAP
Data for the two years since the RBA began increasing the cost of money shows a lot more evidence of downturn and pain than you may realise.
- by Ross Gittins
‘It ends up just being a bloodbath’: Why plucky, third player Rex Airlines came unstuck
A graveyard has filled with airline groups that have tried and failed to challenge the duopoly in the skies, from Compass to Tiger Airways and Bonza. Rex is just the latest.
- by Anne Hyland
Opinion
Company mergers
Why merger can be a dirty word when it comes to our inflation problem
It’s the great number of our industries dominated by just a few firms that makes us especially susceptible to the inflation surge we’re struggling to get back under control.
- by Ross Gittins
Opinion
Interest rates
Donald Trump is on a collision course with an old foe
Donald Trump tried to fire Jerome Powell during his presidency before discovering he didn’t have the authority. Now the Fed chairman is set to throw a spanner in the works heading into November’s election.
- by Stephen Bartholomeusz
Opinion
Interest rates
The tale of Mrs Watanabe and two central banks
If the Bank of Japan ends up raising rates even as the US fed is contemplating a cut, it will unleash an unprecedented level of volatility in currency markets.
- by Stephen Bartholomeusz
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
Opinion
Donald Trump
Trump’s deluded desire for a lower US dollar
Weakening the US dollar would inject massive uncertainty and volatility into the global economy and will be bad news for open economies like Australia’s.
- by Stephen Bartholomeusz