Financial markets put the chance of a late year easing at 50-50. A quarter percentage point cut is expected in February,buoying consumer sentiment.
Customs brokers are retiring in great numbers with few young trainees coming up through the ranks,despite an attractive starting salary.
The Australian sharemarket dipped into the red on Tuesday,dragged down by mining,tech and energy stocks.
Commonwealth subsidies that harm biodiversity are estimated to be $26.3 billion a year. Removing or reducing these subsidies is an economic imperative – and required by international treaty.
A majority of voters have rejected public protests in support of either side in the war in the Middle East,while more now say the war has made Australia less safe than a year ago.
China has just announced a fresh set of stimulus measures to try and fix its economy. Once again,they are too half-hearted.
The “last mile” in Australia’s inflation battle is proving more drawn-out than expected,the IMF has found,raising the possibility of another rate rise.
Chalmers’s arrival in Beijing on Thursday for two days of meetings,the first visit by an Australian treasurer in seven years,coincided with a flurry of economic activity in China.
World-leading research into Donald Trump’s key economic policies shows they would cause huge damage to the US – and Australia wouldn’t escape unscathed.
A key measure of inflation has fallen to its lowest level in almost three years,with prices falling during winter.
The RBA has kept interest rates at 4.35 per cent,saying while inflation will fall,it is unlikely to be “sustainably” low for some time.