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Economics

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
The Australian economy added 64,000 jobs in September, stronger than market expectations. But despite this, the unemployment rate held steady.

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
The CBA Household Spending Index declined in September following a gain in August.

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
The US budget deficit is likely to soar no matter who wins the upcoming US election, a top economist has said.

Market has priced in 'too many' rate cuts

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
T. Rowe Price thinks the market has priced in too many interest rate cuts in the US and said the upcoming election is likely to cause some volatility.

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
The Reserve Bank of Australia has sent a clear message to those hoping for an interest rate cut in the near term.

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
The Labor government has delivered a second consecutive budget surplus, but the Productivity Commission has flagged a "productivity deadlock".

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
Research from the Grattan Institute found that limiting negative gearing and reducing the capital gains tax discount could be worth $7 billion per year.

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Household wealth in Australia rose for the seventh consecutive quarter in June.

Inflation debate: Albo says rebates will keep inflation down

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
Prime Minister Anthony Albanese has claimed the ABS was wrong in saying inflation is only cooling in the short-term due to government rebates.

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The Reserve Bank of Australia left rates on hold yesterday, but will today's cooling inflation figures do anything to move the needle on a rate cut?