TOPIC
The 2026 global economy: nervously muddling through
The world economy enters 2026 in a nervous state. Volatility and cautious consumers are the norm, even though growth has proven surprisingly resilient.
RBA keeps interest rates on hold
The RBA has decided to leave the cash rate unchanged at 1 per cent, to make progress in reducing unemployment and achieving the inflation target....
Unemployment rises to 5.3%, ABS figures show
Releasing its figures for July 2019 today (Thursday, 15 August), the Australian Bureau of Statistics (ABS) said that trend unemployment ticked up...
Wage growth stagnates at 2.3% despite a jump in public service pay
Over the June quarter, the seasonally adjusted wage price index rose by 0.6 of a percentage point, with a 0.8 of a percentage point increase in...
ATO whistleblower Richard Boyle to launch crowdfunding campaign to defend legal case
The Adelaide-based former public servant told ABC News he was continuing his battle against "excessive and unjust" criminal charges for blowing...
Reserve Bank ‘prepared to do unconventional things’ as economic outlook worsens
This week, four countries — New Zealand, India, Thailand and the Philippines — cut their official rates, with more nations expected to follow...
Kenneth Hayne says trust in institutions has been ‘destroyed’
In a scathing attack on modern politics, Kenneth Hayne also suggested the debate around calls for an Indigenous voice to Parliament had been...
Australian dollar slumps to 10-year low
While 18 out of 21 economists surveyed by Reuters forecast an interest rate cut, they all expected a 25-basis-point move. Three others expected...
Insurer concerned at spike in claims for bad debts
The latest NCI Trade Credit Risk Index, a quarterly survey of credit risks for Australian businesses, recorded a 50 per cent jump in the number...
Wage weakness deepens as EBAs slide, locking in low pay rises for years
The average annual wage increase (AAWI) granted in new EBAs in the first quarter this year was 2.7 per cent. Read more at the...
Inflation edges higher, driven by soaring fuel prices
The Bureau of Statistics released its official CPI figures on Wednesday (31 July), showing a 0.6 of a percentage point increase for the June...
