Economy | Australian, regional and global economic News | The Sydney Morning Herald

We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later.

Business

The economy

Advertisement
Another Tuesday. Another rate rise. You should be ropeable

Another Tuesday. Another rate rise. You should be ropeable

Normally meticulous in avoiding the limelight, RBA Governor Philip Lowe has found himself a deer in the headlights. And, despite suggestions to the contrary, much of it is of his own making.

  • by Steven Hamilton

Latest

Why the RBA delivered the Christmas present no one wanted

Why the RBA delivered the Christmas present no one wanted

Within moments of the RBA deciding to raise rates again, a cast of players decried the move to double down on the inflation fight.

  • by Elizabeth Knight
We thank doctors for their COVID response. Why do we bash Philip Lowe?
Opinion
RBA

We thank doctors for their COVID response. Why do we bash Philip Lowe?

Brickbats are easy, but Reserve Bank governor Philip Lowe deserves some bouquets too.

  • by Jessica Irvine
ExxonMobil brings forward next Bass Strait budget review as price caps loom
Exclusive
Energy

ExxonMobil brings forward next Bass Strait budget review as price caps loom

The US energy giant has shortened the investment cycle for its Bass Strait gas fields for the first time in 50 years as government intervention beckons.

  • by Nick Toscano
China is blowing its chance to be the king of the world

China is blowing its chance to be the king of the world

China’s hopes of toppling the US to become the world’s economic power in our lifetimes is slipping away as its COVID stance sets it up for future pain.

  • by Ambrose Evans-Pritchard
Putin’s oil crisis threatens to unravel the world order

Putin’s oil crisis threatens to unravel the world order

Energy markets have kept the global economy moving during a chaotic year. But trouble could be ahead.

  • by Liam Halligan
Advertisement
‘Champagne shortage is real’: Popular bubbly brands harder to find this Christmas

‘Champagne shortage is real’: Popular bubbly brands harder to find this Christmas

Drinks retailers are struggling to keep Moet and Veuve Clicquot on shelves and experts are urging Australians to diversify their palates.

  • by Jessica Yun
How Xi Jinping made the ‘Chinese dream’ a nightmare for the next generation
Analysis
Inside China

How Xi Jinping made the ‘Chinese dream’ a nightmare for the next generation

China’s economic miracle has failed its young - and now they are angry.

  • by Tom Rees
‘No good options’: China’s economic misery is spreading

‘No good options’: China’s economic misery is spreading

China’s unwavering approach to fighting COVID is wreaking economic havoc all over the country.

  • by Daisuke Wakabayashi, Olivia Wang and Joy Dong
Baby boom goes bust after Sydney and Melbourne’s property compromise

Baby boom goes bust after Sydney and Melbourne’s property compromise

Housing trade-offs are shaping our life choices and reshaping our cities by creating a fertility divide between the inner and outer suburbs of Sydney and Melbourne.

  • by Matt Wade
‘Massive impact’: China turmoil injects fresh uncertainty into global economy

‘Massive impact’: China turmoil injects fresh uncertainty into global economy

The drama involving the world’s second-largest economy has injected a new element of uncertainty and instability into a global economy struggling to manage the fallout from a war in Ukraine, an energy crisis and painful inflation.

  • by Patricia Cohen