Today
- Opinion
- Global economy
Why women don’t stick with economics
Economic models of anything are founded on the assumption of Homo economicus. No sensible woman looks at this model and recognises herself.
- Yanis Varoufakis
- Opinion
- Global economy
Population decline will destroy the West as we know it
By 2100, the number of people worldwide will have peaked. The value of assets will drop and the incomes they generate will fall.
- Dr Stephen Davies
- Exclusive
- Federal budget
Budget to fast-track investment approvals
Treasurer Jim Chalmers is close to finalising a package to get capital flowing for the stuttering energy transition and other Labor priority projects.
- John Kehoe
Yesterday
- Opinion
- Monetary policy
Reserve Bank ponders the market plumbing
The Reserve Bank board is repurposing the financial system as its cheap pandemic funding is flushed out. It’s doing it as financial markets are only too happy to splash the cash.
- Jonathan Shapiro
- Opinion
- Monetary policy
Can Australia compete in the new post-inflation world?
The “new neutral” medium-term interest rate will make global competition for capital far more intense. The country needs to get ready for that.
- Richard Holden
Population surge and smaller households fuelling home prices: RBA
The resilience of the housing market recovery could make the RBA reluctant to deliver cuts to the cash rate later this year, according to economists.
- Michael Read
- Analysis
- Inflation
Australia is set to be the last country to escape inflation
The Economist measured inflation entrenchment in 10 rich countries. Australia tops the index, with Britain and Canada not far behind.
- The Economist
Almost one in three jobs created last year was for the NDIS
The growth in NDIS-related employment has masked the slowdown in private sector industries like construction, retail and manufacturing.
- Michael Read
This Month
- Opinion
- Obituaries
The man who discovered people hate losing more than they like winning
Daniel Kahneman was one of the few psychologists to win the Nobel Prize for economics.
- Andrew Leigh
March
How economists interpreted US inflation data
The Federal Reserve’s key inflation metric has left economists as divided as ever on the timing of a US rate cut.
- Timothy Moore
Bidenomics is making China angry. That’s OK
Biden’s China policy is so tough that it makes me, someone who generally favours a rules-based system, nervous.
- Paul Krugman
No need for Fed to rush rate cuts: Powell
The Federal Reserve chairman said February’s inflation data, released on Friday, was “pretty much in line with our expectations”.
- Catarina Saraiva
US monthly inflation slows; consumer spending surges
Core inflation increased 2.8 per cent year-on-year in February, the smallest gain since March 2021, after rising 2.9 per cent in January.
- Lucia Mutikani
Swifties boost February retail spending amid sector struggles
“Taylor Swift-inspired outfits and do-it-yourself accessories added to turnover in February,” the ABS said. But without the Eras Tour, spending was almost stagnant.
- Ronald Mizen
Small productivity rebound is nothing to celebrate
The productivity slump may have bottomed out, but it has happened because workers’ hours are being cut, not because businesses are investing, a leading economist warns.
- Ronald Mizen
- Opinion
- The AFR View
Bank bosses who speak the truth on reform
Tax reform is the cornerstone of rebooting national economic performance because its benefits are so pervasive. Business leaders are rightly taking up the conversation.
- The AFR View
Why chocolate prices are up and could double by next Easter
RaboResearch expects global cocoa prices to settle around $US5900 a tonne, which is 124 per cent above the average price over the past five years.
- Ronald Mizen
- Opinion
- Australian economy
Those ‘obscene’ big business profits are actually our profits
The politicians and media who scapegoat big business ignore how the great bulk of their profits flow right across the Australian community.
- The Parrhesian
- Opinion
- Interest rates
Why interest rate pain is not so bad for home borrowers
The Reserve Bank’s 13 interest rate rises have curbed demand without tipping mortgage holders into big trouble.
- John Kehoe
RBA faces ‘last mile’ bumps on the narrow inflation path
Taylor Swift’s record-breaking Eras tour drove hotel prices higher in Sydney and Melbourne and housing is still under pressure, but prices fell elsewhere.
- Ronald Mizen