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Economics

NSW government to turn deficit into surplus of over $1bn in FY28: TCorp

MATTHEW WAI  |  WEDNESDAY, 11 FEB 2026
The NSW government's strategy of fiscal repair will see the state's forecast return to surplus in FY28, rising to $1.3 billion, TCorp's half-yearly budget review finds.

RBA gives bleak economic outlook

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
The Statement on Monetary Policy reveals a less-than-ideal economic outlook, projecting slowing growth and higher unemployment.

RBA overlooked government spending in rate hike: Hearing

KARREN VERGARA  |  FRIDAY, 6 FEB 2026
The Reserve Bank of Australia (RBA) came under fire for overlooking the role government spending, which recently peaked again, has played in driving inflation and interest rate decisions.

RBA lifts the cash rate for first time since 2023

ELIZA BAVIN  |  TUESDAY, 3 FEB 2026
For the first time since November 2023, the Reserve Bank of Australia has lifted the official cash rate.

US economy 'really taking off': UniSuper

ELIZA BAVIN  |  TUESDAY, 3 FEB 2026
UniSuper head of fixed interest David Colosimo said despite concerns, the market is suggesting the US economy is getting "much stronger".

Trump taps Kevin Warsh as new Fed chair

ELIZA BAVIN  |  MONDAY, 2 FEB 2026
US President Donald Trump has announced his nomination of Kevin Warsh to serve as chair of the US Federal Reserve.

Review launched into thin capitalisation reforms

ELIZA BAVIN  |  MONDAY, 2 FEB 2026
The government has tasked the Board of Taxation to undertake an independent review of thin capitalisation reforms to ensure multinationals are paying their fair share of tax.

Chalmers to focus on productivity, economic repair in 2026 Budget

ELIZA BAVIN  |  FRIDAY, 30 JAN 2026
Treasurer Jim Chalmers says getting the Federal Budget in better condition will be the government's focus as it prepares for the May release.

Fed leaves rates on hold as Powell issues message to Trump

ELIZA BAVIN  |  THURSDAY, 29 JAN 2026
As US Federal Reserve chair Jerome Powell faces increased pressure from the US President to cut rates, he used his post-meeting press conference to issue a powerful statement.

Inflation 'uncomfortably high' as it rises to 3.8%

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
Inflation has risen again, up 3.8% in the 12 months to December, leading to an increased chance of an interest rate hike next week.