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Showing 1 - 10 of 9328 results for "economics"

RBA switches to 'decidedly hawkish' tone

RIDDHIMA TALWANI  |  WEDNESDAY, 14 OCT 2026
... accepting slower growth in demand and employment than would otherwise be the case." Commonwealth Bank head of Australian economics Belinda Allen said the Minutes suggest the board are not worried about weakness in some recent data. "On the increase in ...

IMF sees inflation above RBA target through 2027

RIDDHIMA TALWANI  |  WEDNESDAY, 14 OCT 2026
The International Monetary Fund (IMF) has projected Australia's inflation to ease to 3.1% in 2027 from 3.9% this year, leaving it outside the Reserve Bank of Australia's (RBA) target range of 2% to 3%. The IMF's latest World Economic Outlook (WEO) estimates ...

Lowe slams government spending

ELIZA BAVIN  |  WEDNESDAY, 30 SEP 2026
Former Reserve Bank of Australia (RBA) governor Philip Lowe has shared his thoughts on the current state of the economy. Speaking with the Institute of Public Affairs, Lowe said there was no reason for the government to run a large budget deficit. "Now ...

Interest rates at highest level in 15 years

MATTHEW WAI  |  WEDNESDAY, 30 SEP 2026
The monetary policy board of the Reserve Bank of Australia (RBA) unanimously agreed to increase the interest rate by 25 basis points to 4.6%, the highest level since 2011. The RBA said the hike was a result of inflation remaining "elevated" and risks ...

Chalmers applauds $22bn Budget deficit

ELIZA BAVIN  |  TUESDAY, 29 SEP 2026
The Budget deficit in 2025-26 was $22.3 billion, according to the Final Budget Outcome (FBO), with Treasurer Jim Chalmers saying the figure it still $6 billion better than the $28.3 billion estimated in the 2026-27 Budget. As a share of the economy ...

Global X urges investment education as property values fall

RIDDHIMA TALWANI  |  MONDAY, 28 SEP 2026
The surge in Australian household wealth driven by superannuation and financial assets rather than property, builds the case for an urgent need for Australians to improve their investment knowledge, Global X said. Latest figures by the Australian Bureau ...

Jobs data 'final nail in the coffin' for rate rise

ELIZA BAVIN  |  THURSDAY, 24 SEP 2026
The seasonally adjusted unemployment rate rose to 4.6% in August, according to the Australian Bureau of Statistics (ABS). "This month there was 39,000 more people in employment, and 28,000 more people in unemployment," ABS head of labour statistics ...

Intergenerational Report looks to AI to buoy productivity slump

KARREN VERGARA  |  TUESDAY, 22 SEP 2026
... be a defining influence on the economy over the next 40 years," he said. Stephen Smith, a partner at Deloitte Access Economics, said since 2008 Australia has relied too much on increasing the population and too little on improving productivity to drive ...

Fed's rate hike exacerbates Australia's outlook

MATTHEW WAI  |  THURSDAY, 17 SEP 2026
The Federal Reserve has lifted its interest rate for the first time in more than three years, contributing to the ongoing adversity the global economy is facing, especially in Australia. The Fed has called a rate hike overnight, increasing the interest ...

ECB hikes rates, economists expect RBA might be next

RIDDHIMA TALWANI  |  FRIDAY, 11 SEP 2026
The European Central Bank (ECB) has raised the interest rates on the deposit facility by 25 basis points to 2.5%, in a bid to stabilise inflation at its 2% target in the medium term, as conflicts in the Middle East continue to generate inflation pressures. ...
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