Latest
RBA’s dovish pivot risks extending rate rising cycle: ANZ
ANZ has warned that the RBA’s decision to slow the pace of interest rate rises risks propping up consumer demand and extending the duration of the current tightening cycle.
- Ronald Mizen
Fight over carbon offsets heats up following ‘tap of crap’ warning
“The minute you fix integrity, prices will go through the roof – the tap of crap will be turned off,” says former climate policy watchdog Andrew Macintosh.
- Jacob Greber
The dying outback town where every breath can be toxic
Once a symbol of economic prosperity, Wittenoom now stands as one of Australia’s greatest industrial tragedies.
- Yan Zhuang
Labor signals delay to franked dividend hit
Assistant Treasurer Stephen Jones has signalled the government may delay the start date of its crackdown, but won’t back down on the “tax integrity” measure.
- John Kehoe
Australia, US urged to counter China ‘fake news’ strategy in Pacific
China has been accused of conducting a co-ordinated public information strategy in the Solomon Islands to “spread lies” about Australia and the US.
- Jacob Greber
- Exclusive
- International students
Extend generous work rights to more international graduates: ACCI
A key business group says the federal government should tap into the supply of international graduates to help address workforce shortages.
- Julie Hare
Opinion & Analysis
Winding back the stage three tax cuts would be a backwards step
Australia’s productivity agenda is already going backwards in industrial relations. So Labor needs to retain the stage three 30 per cent tax bracket as an incentive-sharpening structural tax reform.
Editorial
Desultory Productivity Commission seems short on ideas
Productivity in the public sector could be boosted, but the Productivity Commission has been looking in all the wrong places.
Contributor
Not rich but paying plenty: the truth about stage three tax cuts
There are many media and political myths about stage three tax cuts. The reality is governments fall back too much on personal income tax payers.
Economics editor
Two overwhelming forces mean the era of high rates must end
The downward trends in demographics and technological innovation mean the current spike in global interest rates simply cannot last.
Contributor
More From Today
- Opinion
- The AFR View
Winding back the stage three tax cuts would be a backwards step
Australia’s productivity agenda is already going backwards in industrial relations. So Labor needs to retain the stage three 30 per cent tax bracket as an incentive-sharpening structural tax reform.
- 1 hr ago
- The AFR View
- Opinion
- Productivity Commission
Desultory Productivity Commission seems short on ideas
Productivity in the public sector could be boosted, but the Productivity Commission has been looking in all the wrong places.
- Gary Sturgess
- Opinion
- Federal budget
Not rich but paying plenty: the truth about stage three tax cuts
There are many media and political myths about stage three tax cuts. The reality is governments fall back too much on personal income tax payers.
- John Kehoe
- Opinion
- Interest rates
Two overwhelming forces mean the era of high rates must end
The downward trends in demographics and technological innovation mean the current spike in global interest rates simply cannot last.
- Paul Krugman
- Opinion
- Chanticleer
The world will watch the RBA’s pivot. So will Aussie home owners
While the global financial markets mull the importance of the RBA’s go-slow, some local home owners will have more pressing concerns.
- James Thomson
Yesterday
Miles Advisory enrols suitors for childcare biz Story House
Liked Affinity Education? Meet Story House.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
- Opinion
- Chanticleer
The one asset class that has dodged rising rates
Chanticleer suspects super funds are hooked on the apparent ease with which they can control valuations to a much greater degree than the public markets.
- Updated
- Tony Boyd
- Opinion
- Interest rates
RBA takes time to assess interest rate rises
Despite robust retail sales and a tight labour market, Reserve Bank governor Philip Lowe is awaiting more information on consumer spending, inflation and wages.
- Updated
- John Kehoe
RBA pivot sparks sharemarket rally
The Reserve Bank bucked global trends to slow the pace of rate rises in a move that surprised markets and sparked the biggest stocks surge in two years.
- Updated
- Ronald Mizen
- Opinion
- The AFR View
Labor has to help the RBA’s inflation fight
The Reserve Bank has dialled back the hawkishness but can’t fall too far behind the US Fed. And the Albanese government has to help.
- The AFR View
Confidence slumps but RBA shift offers glimmer of hope
Consumer confidence slumped last week as turbulence overseas and rising petrol prices at home depressed spirits. A change in the pace of rate rises could change that.
- Ronald Mizen
- Opinion
- Interest rates
Don’t mistake this RBA move for weakness
The 0.25 of a percentage point rise in interest rates might seem timid, but the RBA is articulating that rates will need to stay higher for longer and that the inflation fight won’t be over soon.
- Updated
- Richard Holden
- Opinion
- The AFR View
Media Watch’s false impression on Queensland land tax coverage
Viewers of the ABC’s Media Watch got a false impression of the Australian Financial Review’s coverage of the Queensland government’s now-abandoned land tax changes.
- Updated
- The AFR View
Rework tax cuts to buy reform: Grattan Institute
Stage three personal income tax cuts should be tweaked to help fund broader tax reform on areas like superannuation and trusts, says economist Brendan Coates,
- John Kehoe
- Opinion
- Foreign relations
The four fallacies that mean sovereign capability won’t work
Making semiconductors locally sounds reassuring at a time of global supply chain challenges. But in the modern world of complex and interdependent manufacturing it’s an empty promise.
- Adam Triggs and Shiro Armstrong
- Exclusive
- Infrastructure
Infrastructure spending bonanza falls $40b short
Global supply constraints, skyrocketing material costs, skills shortages and delays are hindering Australia’s massive infrastructure pipeline.
- Ronald Mizen
Inside a Myanmar Coup botnet that blasted US Army Facebook
In a sign that Russian bot operators were training for operations elsewhere, the US Army Facebook page was bombarded by comments calling for US support in Myanmar.
- Max Mason
This Month
RBA to test the financial limits of recent borrowers
A fifth consecutive 0.5 percentage point interest rate rise will push the limits of recent borrowers as the cash rate exceeds the serviceability buffer used to stress test their budgets.
- Ronald Mizen
- Opinion
- Gas crisis
The government’s ugly choices on gas are not over yet
The government’s gas deal ensures supply will be available for industrial users, but the spike in LNG spot prices means Canberra may be tempted to intervene again.
- Tony Wood
- Opinion
- Monetary policy
The Fed is failing as a monetary policy anchor
A tardy US Fed has been forced to tighten harder than it might. That means everyone else has to as well.
- Mohamed El-Erian
