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Economics

ELIZA BAVIN  |  WEDNESDAY, 30 SEP 2026   11:54AM
Former RBA governor Philip Lowe has slammed government spending, public policy and overregulation revealing his thoughts on the current state of the economy.

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Interest rates at highest level in 15 years

MATTHEW WAI  |  WEDNESDAY, 30 SEP 2026
The monetary policy board of the Reserve Bank of Australia unanimously agreed to increase the interest rate by 25 basis points to 4.6%, the highest level since 2011.

Chalmers applauds $22bn Budget deficit

ELIZA BAVIN  |  TUESDAY, 29 SEP 2026
In the government's Final Budget Outcome, Treasurer Jim Chalmers said the $22.6 billion deficit is still $6 billion better than forecasts.

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.

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

ELIZA BAVIN  |  THURSDAY, 24 SEP 2026
After a surprise 51,000 employment drop in July, jobs rebounded by a solid 39,500 in August, leading economists to believe the RBA will be forced to hike interest rates this month.

Intergenerational Report looks to AI to buoy productivity slump

KARREN VERGARA  |  TUESDAY, 22 SEP 2026
Australia's economy will continue to stagnate over the next 40 years, growing at just 2% annually, according to the latest Intergenerational Report (IGR), which points to the artificial intelligence (AI) revolution to buoy sagging productivity.

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.

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.

Labor moves to kill non-compete clauses in productivity push

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
The Labor government has put forward a draft bill to ban non-compete clauses for employees whose earnings are equal to or less than the high-income threshold, in a bid to promote productivity and competition in the broader economy.

Australian economy growth 'stronger than expected'

RIDDHIMA TALWANI  |  THURSDAY, 3 SEP 2026
The Australian economy grew 0.4% in the June quarter, growing 2.1% in the year to June 2026.
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