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.
Amid the near-euphoria in financial markets that erupted when it became clear that Donald Trump had regained the US presidency,there was one warning sign.
Treasury boss Steven Kennedy has revealed net overseas migration will miss the government’s own forecasts,heaping pressure on the Albanese government.
The PM and his people have always known what needed doing. It’s just that,somewhere along the line,he seems to have lost his bottle.
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.
Ever-increasing house prices are driving people out of Sydney and Melbourne,new research shows,as the size of the average mortgage hits another high.
The odds are slim for a Melbourne Cup Day rate cut,but economists are betting on a fall by February. Here’s how you can make the most of it.
Donald Trump says the Biden-Harris administration has destroyed the US economy. Far from it,and the data proves it.
Driving around has become cheaper,but the fun stuff – holidays and recreational activities – are probably setting you back.
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.