“A big challenge for us is to make sure we continue to diversify our economy to ensure we have a strong revenue base in the future,” Treasurer Rita Saffioti said.
Here are the key takeaways on the economy from the Reserve Bank’s latest monetary policy statement.
Treasurer Jim Chalmers has signalled tough action on non-compete clauses after the United States decided to ban so-called “wage handcuffs” on staff.
The RBA board said it was not yet confident inflation was definitely tracking down in its estimated time frame. Here’s what the board will be watching closely to make sure it does.
The disparity between incomes is turning Sydney into a tale of two cities.
Check out our interactive map to reveal how average incomes vary across Sydney suburbs.
Our stunning fall in productivity may mean the world’s coming to an end,but it’s more likely to mean there’s something funny going on with the figures.
Australians’ wages rose by 4.2 per cent over the year to December - the highest annual growth since March 2009.
Amid a growing debate about Australia’s population and migrant intake,four new research papers show immigrants are boosting wages.
One of the best ways to get a pay rise is moving to another company. But contract clauses are on the rise that are shackling workers to low-paying employers.
Although everyone faces a cost of living crisis,tenants are under extra pressure as asking rents soar faster than wages – and it’s even worse in some areas.