Yesterday
- Opinion
- The AFR View
Australia’s vaccine-led escape from the gilded cage has begun
NSW and Victoria are now showing how other states - including WA - can safely start to rejoin the world as soon as their vaccination rates catch up.
- The AFR View
RBA rate rises to boost bank profits
Interest rate rises in response to inflation would boost the profit margins of banks and be partly underwritten by the RBA if borrowing costs rise before 2024.
- John Kehoe
- Opinion
- Schools
Education establishment fails the curriculum reform test
Bureaucrats and academics stubbornly hang on to education practices and pet ideas that have no basis in evidence.
- Glenn Fahey
- Opinion
- Climate policy
How Morrison stifles carbon market forces
If the federal government can’t do anything constructive on climate change, it should at least get out of the way of those who can.
- Craig Emerson
- Exclusive
- Interest rates
Why rate rises could cost the RBA and government billions
Economists say the Reserve Bank could be forced to scrap its multibillion-dollar dividend to the government and may require a capital injection from Treasury.
- John Kehoe
- Exclusive
- China relations
Frydenberg warns on ‘downside risks’ from China
The Treasurer says the slowdown in the Asian nation’s economy and construction sector poses a danger to Australia, particularly on demand for iron ore.
- John Kehoe
October
- Opinion
- Interest rates
Why the Reserve Bank may need to be recapitalised
The central bank does not have sufficient capital if it is to increase rates any time soon.
- Grant Wilson
China’s falling factory activity a sign of economic woes ahead
Manufacturing activity contracted by more than expected in October, hurt by persistently high raw material prices and softer domestic demand.
- Reuters
- Opinion
- Global economy
Amazon’s low-cost model challenged by higher wages
The e-commerce retailer mushroomed during years of stagnating US wages. It appears to be no match for a tight labour market.
- The Lex Column
10 long reads for this weekend
The week the global inflation story started to get real; the 27-year-old who’s made $170 million out of Oodies; and everything you need to know before you fly overseas.
- Andrew Burke
The week inflation started to get very real
Prices are rising at petrol stations, on construction sites, at supermarket checkouts and throughout supply chains, and wages pressures are everywhere.
- Ronald Mizen
- Opinion
- The AFR View
Reserve Bank’s chance to start getting rates back to normal
Inflation shocks and a bond market revolt provide the stage for the bank to start walking back its forward guidance the cash rate will stay nailed to the floor until 2024.
- The AFR View
The worst for retail sales ‘is now behind us’
Commonwealth Bank card-spending data for the weeks following the lifting of restrictions showed a strong rebound was under way.
- Ronald Mizen
- Opinion
- The AFR View
Young Rich List: prosperity meets purpose in our land of opportunity
The 2021 The Australian Financial Review Magazine Young Rich List directly links promoting business-led prosperity to social purpose in a unique and innovative way.
- The AFR View
ECB holds line on inflation after ‘a lot of soul-searching’
The European Central Bank still maintains that price spikes will prove temporary – even if they last throughout next year.
- Hans van Leeuwen
US posts weakest growth of recovery on supply woes
Gross domestic product expanded at a 2 per cent annualised rate following a 6.7 per cent pace in the second quarter.
- Reade Pickert
Even the RBA is having trouble retaining staff
The Reserve Bank of Australia is struggling to retain staff as young, bright economists and analysts find the grass is greener outside 65 Martin Place.
- Ronald Mizen
Climate change could make home loans more expensive
Regulators and a leading banker have warned climate change could push up home loan interest rates.
- John Kehoe
Cormann pushes Morrison government to adopt carbon price
New OECD data shows Australia lagging wealthy economies in pricing emissions, as OECD boss Mathias Cormann pushes the Morrison government and other nations to adopt stricter carbon pricing.
- John Kehoe and Jacob Greber
Bank of Canada accelerates potential timing of rate hikes
Canadian policymakers could be ready to lift borrowing costs as early as April, as supply constraints limit the economy’s ability to grow without fuelling inflation.
- Theophilos Argitis
