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Business /

Economy

RBA governor Philip Lowe (Image: AAP/Dean Lewins)

Unemployment up, but Reserve Bank might still be reluctant to act

Unemployment has officially risen, meaning the Reserve Bank should cut interest rates. But the jobs market is actually still performing well.

The falling Aussie dollar protects us from Trump's economic idiocy

It’s a great time to have a lower dollar. But we wouldn't want it to stay too low for too long.

Treasurer Josh Frydenberg (Image: AAP/Lukas Coch)

Wages are going nowhere. And the entire governing class is to blame.

Wages growth has ground to a halt in Australia, reflecting the wilful refusal of key players to take wage stagnation seriously.

Government's wage stagnation policy inflicts another quarter of misery

Wage Price Index data for the March quarter show wages going nowhere except in health and education — a reflection of the government's policy of wage stagnation.

ScoMoBank joins the long list of housing policy failures

The government's last-minute mortgage insurance scheme is yet another counterproductive housing policy set up to fail.

Reserve Bank confirms weak economy propped up by government spending

The Reserve Bank has significantly lowered its forecasts for economic growth — and wage stagnation is to blame.

Labor's boring but sensible fiscal policy will avert future crisis

Despite the government's focus on tax, Labor's fiscal policy is the more boringly conservative and risk-averse approach of the major parties, and is all the better for it.

Philip Lowe

Reserve Bank holds off, lays ground rules for next cut

The Reserve Bank declined to cut rates yesterday but flagged that unless unemployment falls, monetary policy will ease.

Will Trump tip the Reserve Bank's hand on a rate cut?

The RBA has been watching Trump’s trade war threats for some time. Will his recent comments affect today's decision?

The cast of <em>The Babysitters Club</em>, a 1995 movie based on Ann M. Martin’s iconic book series of the same name.

What babysitters have to do with our failing retail sector

Scott Morrison could learn a lot from a few parents looking for babysitters in America, and not just because his frontbenchers have a habit of spitting the dummy.