Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement
Policy

Economy

Yesterday

The Australian Open 2025.

Brisbane should learn lessons of Australian Open’s success

It’s always tough for governments to justify spending money on sporting venues. Yet, long-term thinking and the best option for leaving a legacy should be factored into the plans for Brisbane’s Olympic stadium.

  • The AFR View
While economists expect inflation is falling faster than the RBA’s forecast, the question is whether the decline is rapid enough for the central bank to shift gears.

Inflation figures make or break for pre-election rate cut

While economists expect inflation is falling faster than the RBA’s forecast, will the decline be rapid enough for the central bank to shift gears?

  • Michael Read
China’s Premier Li Qiang and Prime Minister Anthony Albanese spoke about ending trade bans on Australian exports  in 2024.

Australia-China trade will be caught in middle of Trump’s tariff war

Australia is now more dependent on a single market than it has ever been since the late 1940s when our biggest customer was the United Kingdom.

  • Richard McGregor

This Month

Crucial inflation data to determine RBA rate call

For the first time in more than a year, there is chance the Reserve Bank of Australia could cut interest rates at its February meeting.

  • Jacob Shteyman
 Future Made in Australia production tax credits hark back to the bad old days of the 1960s and 1970’s.

Why green aluminium pushes us towards Argentine Peronism

Both sides of politics want us to believe that redirecting prosperity to a preferred sector somehow represents a growth strategy.

  • Alexander Sanchez
Advertisement
 Shemara Wikramanayake, Rob Scott, Alexis George, Damien Nicks, Leah Weckert, Anthony Miller.

Top CEOs reveal 17 ways to make Australia great again

The executives were asked to think big picture about the risks and opportunities we’re not sufficiently considering. Here are their ideas for a better nation.

  • James Thomson
Treasurer David Janetzki says measures to rein in the budget will be necessary.

Debt explosion pushes Queensland to cusp of rating downgrade

Queensland is at risk of a credit rating downgrade as early as this year, after Treasurer David Janetzki released a dire fiscal update from the new LNP government.

  • James Hall
Trump and Albanese

Trump may retaliate against Labor’s tech levy by doubling expat taxes

Almost 90,000 expats and thousands of Australian companies could see their tax rates doubled unless Labor junks the so-called “news bargaining incentive”.

  • Michael Read
Australians for Prosperity ad in Kooyong.

Teals to demand truth in advertising laws in hung parliament

The teals, who could prove decisive in a hung parliament, say a right-wing campaign group is spreading misinformation about their views on tax hikes in billboards and other advertising.

  • Michael Read

Dutton and PM turn to TikTok and podcasts in social media election

The Coalition and Labor are doubling down in a social media arms race, even as they team up to implement a world-first ban on under-16s accessing online platforms.

  • Michael Read and Tom McIlroy
The Greens will push Labor to introduce an excessive profits tax, a wealth tax, higher taxes on people with more than $2 million in super in a hung parliament.

Greens to push Labor on wealth, super and big business tax hike

The minor party could play a pivotal role after the next federal election and plans to go after “excessive profits”.

  • Michael Read
Less than a week after condemning Labor’s cost of living policies as sugar-hits, Dutton on Sunday announced a new sugar-hit of his very own: tax-deductible lunches.

Dutton’s proposal for taxpayer-funded lunches is not serious policy

Less than a week after condemning Labor’s cost-of-living policies as sugar hits, Dutton on Sunday announced a new sugar hit of his own.

  • Michael Read
Jens Nordvig of Exante in Sydney on Friday.

The market’s data king reveals what will drive Trump’s Treasury

Jens Nordvig built his macro research firm on sourcing and crunching data. He’s detecting profound shifts in behaviour as markets and politics intersect.

  • Jonathan Shapiro
The report comes just days before Donald Trump’s inauguration, and doesn’t incorporate his expected economic plans regarding trade, taxes, immigration and regulations.

IMF lifts global growth forecast on stronger US demand

“The big story is the divergence between the US and the rest of the world,” IMF chief economist Pierre-Olivier Gourinchas said.

  • Eric Martin
Positioning banks as competing with brokers is like saying Hilton hotels is competing with travel agents, instead of Hyatt and Sofitel.

Banks stand firm on ESG after Dutton ‘woke’ jibe

Banks and their shareholders reject the claim “wokeness” is stopping them lending to fossil fuel and forestry businesses, arguing that commercial reality drives loan decisions.

  • John Kehoe
Advertisement
Both leaders have been on the campaign hustings this week.

Election spending already tops $10b

Economists warn that the commitments could give the Reserve Bank a reason not to cut interest rates in the near term.

  • John Kehoe, Michael Read and Ronald Mizen
Crowds pack into trains at Chatswood on Wednesday.

Wage wars: Chaos as salary demands push state budgets to the brink

This week, simmering tensions between essential workers and cash-strapped governments caused mayhem around the country. Can leaders contain the fallout?

  • Michael Read
A sculpture of the Chinese Communist Party flag in Beijing.

China economic growth to slow to 4pc in 2026: World Bank

The global economy is set to expand 2.7 per cent in 2025 and again in 2026, with inflation forecast to average 2.7 per cent in both years.

  • Paul Wiseman
Treasurer Jim Chalmers and RBA governor Michele Bullock.

Jobs boom puts election rate cut on a knife edge

The stunning employment surge makes a pre-election rate cut less likely than the Albanese government would be hoping.

  • John Kehoe
The jobs market continued to defy expectations of a looming slowdown in December, with participation hitting a record high and underemployment falling to a 22-month low.

No need for a February rate cut after bumper jobs report: economists

In the face of a resilient labour market, some experts say the central bank may opt to wait until May 20 to start easing.

  • Michael Read
Woodside chairman Richard Goyder.

Goyder could break the shackles by returning government handouts

Readers’ letters on business welfare dependence, China’s claims to Taiwan, the gift of giving, property prices, Arctic mining, and Donald Trump.

Jim Chalmers and Michele Bullock are yet to slay the inflation dragon.

Election will test what voters care about the most

Voters hate inflation, but do they hate it more than rising unemployment? This year’s election will reveal their true priorities.

  • John Kehoe
The irony is that Labor’s bigger spending during the past three years has, in part, made inflation harder to tame and helped keep interest rates higher for longer.

Unrealistic public sector pay claims risk an inflation budget hangover

The wage demands at the tail end of the inflation-cycle will add to the fiscal pressure on state government’s already deep in debt and deficit.

  • The AFR View