Egg on faces as forecasters flunk on inflation
Only one of 24 forecasters surveyed ahead of this inflation result expected anything as low as 0.2%.
Peter Martin is the economics editor for The Age, based at Parliament House
Only one of 24 forecasters surveyed ahead of this inflation result expected anything as low as 0.2%.
Reserve Bank governor Philip Lowe has attempted to hose down talk of a hike in interest rates, saying Australia won't be blindly following central banks overseas.
Interest rate are going to rise, says Prime Minister Malcolm Turnbull.
Four east coast states will go it alone in drawing up plans for a clean energy target.
Prepare for a shock. On July 1 electricity prices jumped 15 to 20 per cent.
Attempts to blame renewable energy for high electricity prices are misguided says expert report.
A team of researchers in the United States might have cracked one of the biggest mysteries in economics.
Australia's return to budget surplus will be built on the back of a 14 per cent increase in the income tax take.
The Reserve Bank has disappointed commentators hoping for a hawkish stance by keeping rates steady.
The Reserve Bank has kept its cash rate on hold at 1.5 per cent.
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