Australian economy
‘It’s looking really ugly over time’: Home buyers to pay price as rates rise to stem inflation
Economists warn home buyers may be “burned” as ultra-low interest rates and easy budget policy come to an end.
- by Shane Wright
Latest
Global economy ‘flashing red’, warns world’s central bank
The global economy is facing a 1970s spiral of low growth and high inflation, the Bank for International Settlements warns, with Australians most at risk.
- by Shane Wright
Rising interest rates, inflation give Lowe a challenging high wire act
Central banks around the world are dealing with inflation by pushing up interest rates. It could end in success - or economic pain for millions.
- by Shane Wright
Consumers penny pinch on snacks as Treasurer talks up economy
Consumers say they are turning off appliances and cutting down on treats to deal with inflationary pressures, but the Treasurer remains upbeat.
- by Shane Wright
State budgets and economies at risk from increasing interest rates
If the Reserve Bank is forced into lifting interest rates faster than expected, it’s not just homeowners at risk. State budgets and economies would also be hit.
- by Shane Wright
Opinion
Interest rates
Why interest rates are going up, and won’t be coming down
The RBA is charting a course to get inflation down by increasing interest rates. But it’s a devilish challenge.
- by Ross Gittins
‘Perfect storm’: Is the Australian economy heading back to the 1970s?
The nation faces a winter of discontent as prices soar, interest rates rise, and the energy market struggles to meet demand.
- by Matthew Knott
Opinion
Competition
Why Albanese needs to protect capitalism from the capitalists
If the PM wants to make our economy work better for all Australians, not just those at the top of the economic tree, he will be pro-market, not pro-business.
- by Ross Gittins
Tight jobs market adds to pressure on Reserve Bank to accelerate rate rises
The number of people looking for a job or underemployed has dropped to its lowest level in 40 years as the unemployment rate remains steady at 3.9 per cent.
- by Rachel Clun
Opinion
Minimum wage
Yes, minimum wage rises can hurt jobs, but not this one
The only path to sustainable real wages growth is a sustained improvement in the productivity of our workforce.
- by Jessica Irvine
Explainer
Inflation
What’s stagflation, and what would it mean for you?
Big in the ’70s and ’80s, talk of stagflation has reared its head again. What is it, and are we heading for a new era of it?
- by Clancy Yeates