The continuing surge in interest rates around the world as central banks grapple with inflation has created a bear market,and heavy losses,in what used to be a safe haven.
Anthony Albanese couldn’t afford to oppose the “stage three” tax cuts before the election,but the policy now represents a time bomb for Labor.
The highest interest rate on government debt since 2014 points to much higher interest bill for taxpayers and the federal government.
If Russia’s currency is any barometer of its economic condition then it would appear that it has weathered the initial storm of the West’s sanctions. Appearances can,however,be deceptive.
The new finance minister has promised to run a “fiscally responsible” portfolio as Labor starts work on government debt and cost-of-living issues.
If you think just printing money to avoid the government ticking up more debt is too good to be true,you’re right.
The Coalition and Labor have revealed appropriately tight spending and savings decisions in this election campaign,but whoever wins government on Saturday should work harder to grow our economic pie.
Our inbox was flooded with questions. Here are some answers.
The largest budget deficits and record government debt should have been front and centre this campaign. Instead,neither side wants to deal with the issues.
On the PM’s watch,Australia has acquired the biggest load of debt since the 1950s and suffered a foreign policy blunder of historic proportions.
Prime Minister Scott Morrison and Opposition Leader Anthony Albanese made some big budget claims during the leaders’ debate. Do they check out?