Experts say the full suite of Donald Trump’s economic policies would fuel global inflation and interest rates and slow growth,delivering a huge policy headache to the Australian government and the Reserve Bank.
Treasury boss Steven Kennedy has revealed net overseas migration will miss the government’s own forecasts,heaping pressure on the Albanese government.
The solution to our housing crisis is to build where people want to live,in well-located areas,and not continue to fund money sinks.
The central bank has held the official cash rate at 4.35 per cent as Reserve Bank governor Michele Bullock declares inflation is not falling fast enough.
Michele Bullock has rounded the worst of the inflation journey for the Reserve Bank. But dangerous seas remain.
A long-term effort by the ATO to get more tax out of the oil and gas sectors has paid dividends that are likely to deliver billions of dollars in extra revenue.
All sides of politics have overseen a collapse in housing affordability since 2000. These are the graphs that show it. And there are no easy solutions.
The official measure of inflation,at 2.8 per cent,should force a cut in interest rates. But the Reserve Bank is tracking its own inflation measure.
A smaller-than-expected rise in prices through the September quarter has brought inflation down to 2.8 per cent – but it’s not enough for the Reserve Bank.
The first wide-ranging inquiry into the nation’s pandemic response has found delays procuring COVID-19 vaccines cost lives and delivered a $31 billion hit to the economy.
The federal government spent $343 billion on combatting COVID-19. A review finds that while useful,some of that spending exacerbated today’s inflation pressures.