Today
- Opinion
- The AFR View
Cutting migrant intake is a soft target and dead-end strategy
Reducing migration will just exacerbate the housing shortages it is trying to fix. Higher education will be the collateral damage.
- 1 hr ago
- The AFR View
Hard truths: What immigration cuts really mean for the economy
The latest migration debate has so far been framed in terms of its benefits, but little regard has been given to the costs of closing the door on skilled workers.
- Updated
- Michael Read
Yesterday
- Opinion
- Letters to the Editor
Greek tragedy of austerity measures is obvious
Readers’ letters on Greece’s austerity fallout; Australia’s Pacific relations; investment in nuclear power; South Australia’s green steel advantage; the need to retain cash; Telstra’s job cuts; and the NDIS.
Award-winning Australian economist makes friends and enemies in DC
Tuesday was a heady day for Australian economist Samuel Gregg, formerly of the Centre for Independent Studies but now ensconced in the United States.
- Updated
- Myriam Robin
- Analysis
- Australian economy
Long-term growth is more vulnerable than it looks
The rise of anti-science movements pose the greatest economic threats since the industrial revolution, writes a former deputy RBA governor.
- Guy Debelle
Fed officials rally around ‘higher-for-longer’ rates
Policymakers noted disappointing readings on inflation over the first quarter, according to the minutes from their April 30-May 1 meeting.
- Updated
- Craig Torres
This Month
- Opinion
- The AFR View
The cold war for Australia’s critical minerals future
Despite signalling Labor’s support for aligning with the US on economic security, Madeleine King is likely to want to keep the Chinese investment spigot open.
- The AFR View
Queensland heads for deficit as Labor readies election cash splash
A pre-election spending spree will result in Queensland’s forecast surplus swinging into a deficit of about $3 billion, Treasurer Cameron Dick says.
- James Hall
- Opinion
- Letters to the Editor
RBA independence is more important than ever
Readers’ letters on political spin and the Reserve Bank; the Albanese government’s poor record; final pleas for a printed paper; predicted blackouts; and Jim Chalmers’ charm offensive.
Households tipped to save 80pc of stage three tax cuts
The RBA board has “limited tolerance” for inflation remaining above the mid-point of its target band beyond 2026, but the latest Westpac consumer sentiment survey suggests that might not be a problem.
- Ronald Mizen
- Opinion
- Australian economy
Australia needs to relearn the reform lessons taught to Greece
The Greeks took Gary Banks’ advice on productivity-enhancing policy. But political short-termism now holds sway here.
- Jenny Bloomfield
Macquarie says there is a 50pc chance of recession this year
Macquarie Group economist Sophie Photios said the economy was like a “masquerade”, where immigration had masked it going backwards in per person terms.
- John Kehoe
- Opinion
- Federal budget
We need to prepare in good times for the next big shock. These are the good times
We are a long way from even a balanced budget. If we are going to have a fiscal war chest for the next big shock, we need to prepare now.
- Updated
- Jonathan Kearns
- Opinion
- Australian economy
The Coalition must give up its nuclear dreaming
The opposition’s current nuclear proposal is an unserious political wedge being used to pry open a climate war Pandora’s box. A new round of the climate wars would be catastrophic.
- Paul Farrow
Singapore thriving after smooth, fair transition
Readers letters on the election of Singaporean Prime Minister Lawrence Wong; Labor’s Future Gas Strategy; the housing affordability crisis; and Treasurer Jim Chalmers.
Coalition chose political interest over easing the housing crisis
Readers’ letters on Peter Dutton’s focus on housing; how big super funds should prepare for tax changes; how the law can use AI; and a plea to keep printed copies of “The Australian Financial Review” alive in WA.
- Opinion
- Productivity
Fear and crisis fatigue are holding back productivity
Our uncertain world is generating collective caution. This leaves economies experiencing too little change and bearing too little risk.
- Andy Haldane
- Opinion
- The AFR View
Budget kicks off a populist election season
The housing crisis demonstrates how both major parties insist there are easy answers where none exist.
- The AFR View
RBA considers selling HQ as renovation blows out to $1.1b
The blowout, caused by large amounts of asbestos, makes the redevelopment of the RBA building one of the nation’s most expensive non-defence public works.
- Michael Read
- Opinion
- Federal budget
The Coalition swings back to the immigration playbook
The irony is that Peter Dutton of all people should understand how complicated migration numbers really are.
- Laura Tingle
