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Economics

Productivity Commission tasked with five new inquiries

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
The Albanese Government has tasked the Productivity Commission with five new inquiries to boost productivity.

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The unemployment rate has fallen below 4%, according to the newest data from the Australian Bureau of Statistics.

RBA 'paves way' for February rate cut

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
After a year of defiantly leaving interest rates on hold, the RBA has given the first glimmer of hope a rate cut may come in the first half of 2025.

Productivity slump threatens asset returns: Shane Oliver

ANDREW MCKEAN  |  WEDNESDAY, 11 DEC 2024
The supply-side productivity-enhancing reforms of the Hawke/Keating Labor government, continued by Howard/Costello, have since stalled, leading to a decline in productivity - a key catalyst in the deterioration of living standards, according to AMP chief ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
The Reserve Bank will meet for the final time this year to deliver its interest rate decision, as Australia's economy remains "shaky".

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
AMP chief economist Shane Oliver has outlined the key threats facing investors in 2025.

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
Australian GDP rose for the 12th consecutive quarter but continues to slow.

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Reserve Bank of Australia governor Michele Bullock has struck a hawkish tone on interest rates when addressing a CEDA dinner.

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
The monthly consumer price index rose 2.1% in the 12 months to October, but annual trimmed mean inflation was 3.5%, up from 3.2% in the previous month.

Intergenerational wealth picture 'bleak': Grattan

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
The wealth disparity between older and younger Australians has grown substantially, according to the Grattan Institute.