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Economics

Chalmers opens economic reform consultation

ELIZA BAVIN  |  MONDAY, 30 JUN 2025
Treasurer Jim Chalmers has issued more invitations to the government's Economic Reform Roundtable as it opens public submissions.

Inflation continues to drop, calls for RBA cut grow

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
Inflation has hit the lowest point since October 2024, with one expert "convinced" another RBA interest rate cut will be on the cards next month.

Productivity woes endure in March quarter

ANDREW MCKEAN  |  FRIDAY, 20 JUN 2025
Productivity, a concept treasurer Jim Chalmers recently described as too often seen as "cold" and "almost soulless," despite it being, as he also noted, the best way to improve people's lives over time, was stagnant in the March quarter and declined ...

Resilient job market reduces rate cut probability: Experts

MATTHEW WAI  |  FRIDAY, 20 JUN 2025
While the Australian unemployment rate remained unchanged, experts are becoming less optimistic we'll see many more rate cuts this year.

Chalmers champions productivity, urges tax reform

ANDREW MCKEAN  |  THURSDAY, 19 JUN 2025
Treasurer Jim Chalmers has cast productivity as the government's chief priority, with budget sustainability and resilience also among its key focuses but made the case that sensible progress can't be made without proper consideration of more tax reform ...

Australian wealth increases despite variable global growth: UBS

MATTHEW WAI  |  THURSDAY, 19 JUN 2025
Australia saw a 10% jump in median wealth, with latest findings showing the country is seeing a more "equal spread" of wealth than most nations.

ECB drops interest rates by 0.25%

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
The European Central Bank (ECB) lowered its benchmark interest rates by 25 basis points overnight as inflation comes within its target levels.

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
The National Minimum Wage and all modern award minimum wage rates will increase by 3.5% on July 1.

COVID 'masked' issues at core of productivity problem: PC

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
The COVID-19 pandemic saw productivity in Australia reach a record high, but new research from the Productivity Commission found it only served to mask the real issues.

Small construction firms drag productivity: CEDA

KARREN VERGARA  |  TUESDAY, 27 MAY 2025
Australia's laggard construction productivity and deepening housing crisis have been made worse by the small businesses that dominate the sector, the Committee for Economic Development of Australia (CEDA) says.