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| | | Women facing disadvantage are poised to benefit from this year's budget, as Labor promises to expand initiatives introduced in October 2022 that aim to tackle economic inequality. Federal treasurer Jim Chalmers introduced a number of measures on ... |
| | | | The federal government has delivered a small surplus of $4.2 billion for 2022-23, the first in 15 years, but structural deficit challenges continue to pose a threat to long-term fiscal stability. Treasurer Jim Chalmers touted the surplus and smaller ... |
| | | | While the Reserve Bank of Australia (RBA) is focused on cooling inflation, it's unlikely the May budget will look to boost the economy, Commonwealth Bank's Gareth Aird tells Financial Standard. Some were stumped this week after the RBA sent ... |
| | | | Rich Australians who possess $1.9 million on average make up nearly two thirds of total household wealth, a new study finds. A new paper from the Actuaries Institute, Not a level playing field, examined the wealthiest and poorest 20% of the population ... |
| | | | Quality of Advice Review chair Michelle Levy says the government is stalling the implementation of the recommendations set out in her final report. The 267-page report, initially released to government in December, included 13 primary recommendations ... |
| | | | The Australian Bureau of Statistics (ABS) has reported a decrease in inflation, with the Consumer Price Index (CPI) falling to 7% in the March quarter. ABS head of prices statistics Michelle Marquardt attributed the decrease in inflation to a fall in ... |
| | | | The decision by Treasury to appoint former Fair Work Commission president Iain Ross and former AustralianSuper chair Elana Rubin as part-time members of the RBA board has sparked debate. Following the release of the review of the Reserve Bank of Australia ... |
| | | | ... households more time to absorb future rate increases. Further, following each meeting, it's suggested the governor hold a press conference explaining each decision in addition to a written statement. In regards to the governor themselves, it has ... |
| | | | The Reserve Bank of Australia's (RBA) call to pause rate hikes rested on a decision to gather more information, it said. The minutes from its April 4 board meeting, where it decided to keep the cash rate at 3.6%, reveal the board extensively weighed ... |
| | | | ... implementing the changes recommended by the panel tasked with reviewing the Reserve Bank of Australia (RBA). Chalmers told a press conference yesterday that he will speak to various parties about the content of the report, which contains 51 recommendations ... |
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