Business
The economy
Opinion
Globalisation
Globalisation might be worsening inequality, but I’m OK with that
It’s important to look at exactly how globalisation has tipped the scale when it comes to equality.
- by Millie Muroi
Latest
Opinion
Interest rates
Fed’s rate cut caution can’t spoil Wall Street party
The US central bank has dialled back expectations of rate cuts this year. The US sharemarket still hit another record overnight as investors bet on a soft landing for the world’s largest economy.
- by Stephen Bartholomeusz
Updated
World markets
‘Still too high’: Fed signals just one rate cut coming in 2024
Fed chief Jerome Powell says the central bank still needs to see more evidence that it is winning the war on inflation.
- by Jonnelle Marte
Opinion
US Votes 2024
The billionaires backing Trump have selective memories
Billionaires tend to get very creative with history when they explain their reasons for backing Trump’s bid to return to the White House.
- by Robert Burgess
Opinion
Trade wars
The US is turning up the heat on China
When Donald Trump was taking aim at all things made in China, he left a back door open. It now appears likely that Joe Biden will slam it shut.
- by Stephen Bartholomeusz
Canada, Europe cut rates. Can Australia follow with monetary policy easing?
The path between taming inflation and avoiding a recession is narrow and getting narrower.Â
- by Sumeyya Ilanbey
Opinion
Manufacturing
Yikes! Our tiny manufacturing sector makes us rich but ugly
Did you realise that our manufacturing sector is the smallest among all the rich countries?
- by Ross Gittins
The tax office brawl that almost ended investigation of PwC scandal
The tax office faces fresh scrutiny over allegations that it actively attempted to derail the investigation that led to the banning of PwC’s Peter Collins for sharing sensitive government tax plans.
- by Colin Kruger
Opinion
Global economy
The great American boom is running out of steam, leaving mountains of debt
The US economy is slowing to a halt. Personal savings are way down. National debt is way up. Brace yourself for a hard landing.
- by Ambrose Evans-Pritchard
Opinion
Interest rates
The RBA has squeezed us like a lemon, but it’s still not happy
Maybe the Reserve Bank needs to see more blood on the street before it will believe we’re getting inflation back under control. If so, we’re running a bigger risk of recession than the central bank cares to admit.
- by Ross Gittins
Opinion
Federal budget
Australia’s caught in a spin cycle. Thank goodness you’ve got me to slow it down
Politicians like to deploy spin doctors, and economists, to give you a version of the truth. It’s my job to make sure you’re not led astray, but it’s getting harder.
- by Ross Gittins