Topic | Australian economy | The Age

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Australian economy

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Fuel and power costs stopping businesses from profit-boosting changes

Fuel and power costs stopping businesses from profit-boosting changes

The retail sector has been struggling for almost two years, as high inflation and interest rates hit the spending plans of consumers.

  • by Shane Wright

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Trump 2.0: Why a second presidential term could lead to a new financial crisis

Trump 2.0: Why a second presidential term could lead to a new financial crisis

Donald Trump plans to “rebuild the greatest economy in history” if he wins a second presidential term. Experts fear a new financial crisis.

  • by Shane Wright
Reserve Bank holds interest rates as economic path gets ‘narrower’

Reserve Bank holds interest rates as economic path gets ‘narrower’

Home buyers have been given another reprieve by the Reserve Bank, but governor Michele Bullock warns the path to a soft economic landing is narrowing.

  • by Shane Wright and Millie Muroi
‘Uncertain’ times: Why the RBA’s interest rate decisions are getting harder

‘Uncertain’ times: Why the RBA’s interest rate decisions are getting harder

The RBA has found itself in uncertain times, as it tries to bring inflation down without driving the country into a recession.

  • by Shane Wright
Dutton takes flight as Labor loses altitude. But both face dangers

Dutton takes flight as Labor loses altitude. But both face dangers

Peter Dutton is tapping into community anger about the cost of living, and new polling should debunk any idea that he is unelectable.

  • by David Crowe
The accounting trick at the heart of the world’s climate goals

The accounting trick at the heart of the world’s climate goals

On paper we can offset our way to net zero. In the real world, we cannot.

  • by Caitlin Fitzsimmons
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Globalisation might be worsening inequality, but I’m OK with that

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
‘Almost too good to be true’: Jobless rate eases as 40,000 people find work

‘Almost too good to be true’: Jobless rate eases as 40,000 people find work

But there are signs the job market is gradually loosening, giving the RBA little reason to lift interest rates next week.

  • by Rachel Clun and Shane Wright
$10-a-day childcare should be ‘right there’ with Medicare, public schools

$10-a-day childcare should be ‘right there’ with Medicare, public schools

A think tank says the estimated $7 billion cost of providing free or low-fee early childhood education and care would be “more than offset” by other benefits.

  • by Rachel Clun
Chalmers vows to pilot economy to a ‘soft landing’ but there’s turbulence ahead

Chalmers vows to pilot economy to a ‘soft landing’ but there’s turbulence ahead

The treasurer has set targets to determine if Australia will stick to “the narrow runway”. But there’s growing pessimism from businesses under siege.

  • by Shane Wright
RBA overhaul in limbo over stand-off on rate-setting board
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RBA

RBA overhaul in limbo over stand-off on rate-setting board

The RBA was supposed to be dragged into the 21st century with huge changes to how interest rates are set. But the July 1 start date will be missed.

  • by Shane Wright