Scroll to top
Business /

Economy

Reserve Bank Governor Philip Lowe (Image: AAP/Dan Himbrechts)

Underwhelmed households leave Reserve Bank adrift on key forecasts

The Reserve Bank admits that its economic forecasts are hostage to a sluggish household sector struggling with poor wages growth and falling house prices.

Sydney's beleagured Opal tower. (Image: AAP)

Are you seeing a pattern here? It's not individual industries, it's our system.

In industry after industry in Australia, the same problems keep recurring. Our way of making policy is broken. Without addressing that, responses like the banking royal commission just treat the symptoms.

Rising business investment and election spending might deter rate cut

Low inflation has prompted a reset in the RBA's interest rate stance. Will we see a rate cut in 2019?

The ballad of Ken Henry

Ken Henry was a public service legend. Today he stands chastened by a royal commission. What happened?

Beware vested interests on the 'credit squeeze' and property price spin

The Australian media is screaming about the sky falling but, once again, the facts don't really back that up.

Global wealth inequality needs a global progressive tax. (Image: Getty Images)

We need a major demolition job on multinational tax evasion

Global inequality has reached a point that requires drastic action. As the saying goes: pay taxation, buy civilisation.

(Image: AAP/Deam Lewins)

Inflation confirms growing case for interest rate cut

Stubbornly low inflation means an interest rate cut is now a real chance in 2019.

Will the housing market bounce back in 2019?

The Reserve Bank will be watching the summer auction season closely for any glimpse of the the housing market's changing fortunes.

Prime Minister Scott Morrison (Image: AAP/Joel Carrett)

Where will Morrison's '1.25 million' new jobs go exactly?

Scott Morrison's commitment to 1.25 million jobs in coming years is great news for migrants in the health sector.

(Image: AAP/Darren England)

Morrison's 'major' speech showed an empty man with nothing to offer but noise

Scott Morrison's speech on the economy was marked by complete silence on the three biggest issues facing the government.