Even by Trump standards, it is extraordinary that an incoming president would create such a large conflict of interest just before assuming office.
- Senior lecturer, Canberra School of Government, University of Canberra
The recent fall in the Australian dollar against the US dollar is more a matter of the US dollar being strong than the Australian dollar being weak.
Trade wars, digital currencies and robots automating workplaces - the Star Wars film franchise provides numerous lessons in the basics of economics.
After two successive surpluses, the federal budget will be back in deficit for 2024-25, according to the much anticipated budget update.
The government has finally passed long-delayed reforms to the way the Reserve Bank operates. Here’s what the changes will mean for our central bank.
The Northern Territory’s economy might have grown the fastest but Western Australian remains the wealthiest of the states and territories, according to new data.
Inflation has dropped and prices have slowed, however, an interest rate cut this year remains unlikely.
A new book sorts the myths from the facts in a comprehensive account of how the former president became the United States’ most powerful businessmen.
This years’ winners find democratic institutions and the rule of law are more likely to have been established in countries in which European colonisers faced little resistance.
Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred measure of “underlying inflation” is falling.
Trump has a poor track record on trade, inflation and taxes but the area of biggest economic concern if he is re-elected president would come from his rejection of climate change.
The result of 3.8% is what the Reserve Bank expected. The so-called underlying rate of inflation actually fell.
Countries around the world could adopt their own digital currency yet there is still work to be done by central banks to weigh up the risks and benefits.
Burn Book is is a witty and engaging account of the rise (and often fall) of internet companies and the often dysfunctional talents behind them, told by an exceptionally well-connected outsider.
Living standards have fallen for the fifth successive quarter, the longest decline in 40 years.
Stuart Kells’ latest book on the finance industry is the story of two key characters, both bright Australian expats in America.
If the Reserve Bank is genuinely prepared to cut interest rates as inflation moves back towards its target, we can expect a rate cut within the year.
Australia’s inflation rate has halved, but it’s falling more slowly than it was, and previous high inflation is set to push up student debt.
Despite different theories, there is no simple answer to whether prospective home buyers are better off buying before or after the expected interest rate drop in the next year.
The treasurer says the 2024 budget will be about supporting growth after the weakest economic figures in 23 years outside of a recession.
On one measure the latest inflation rate is just 3.4%, within spitting distance of the Reserve Bank’s 2–3% target.
A lot of Australians are hoping there might be an interest rate cut at the next Reserve Bank board meeting but they shouldn’t hold their breath.
Up until December 9 1983, officials used to announce each morning how much the dollar was worth. Even bankers were shocked about letting the market set the price – but it’s served Australia well.
Cryptocurrency tycoon Sam Bankman-Fried may face a jail term of more than a century after conviction on seven counts of fraud and money laundering.
Inflation has slipped from 6% to 5.4%, but the price of petrol climbed 7.2% in the September quarter. Much depends on what the RBA thinks will happen from here on.
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