Monthly figures mightn’t be more accurate, and they will often be misleading.
- Senior lecturer, Canberra School of Government, University of Canberra
Inflation has hit 6.1%, and the rate of inflation on necessities is 7.6%. Bringing it down will require still higher interest rates and exquisite judgement in order to avoid a recession.
Given the Labor government’s small majority, the speaker’s role will be especially important in this parliament. The much larger cross-bench will be arguing for a greater voice.
To assess the prospects of cryptocurrencies, it’s useful to consider how money was invented and became centralised in the first place.
We are at a dangerous tipping point in ‘inflationary psychology’, says the central bank for the world’s central banks.
Critics ought to acknowledge that on average over time Australia’s Reserve Bank has met its inflation target, but it is worthwhile examining the way it is run.
New figures show economic growth edged closer back towards normal in the months to March, but the gains went to profits rather than wages.
The share of the population in work has hit an all-time high as the share of the workforce underemployed has hit a 14-year low. The fresh low in unemployment will bring higher interest rates, and perhaps higher wages.
Las redes sociales no pueden ser verdaderas ‘plazas públicas’. Menos aún las que tienen un solo dueño y son privadas, como va a ocurrir ahora con Twitter.
Inflation is well outside the Reserve Bank’s target band and higher than it has been for two decades.
Musk has long touted Twitter’s potential as an open and inclusive ‘town square’ for public discourse – but the reality is social media platforms were never meant to fulfil this role.
Josh Frydenberg says halving the fuel excise will save a family with two cars $700. Our calculations show for most households it will be less.
Away from the states bouncing out of lockdown, spending growth was weak. The next figures, to be released after the election, might show the economy turning down.
Kisruh token kripto ASIX menjadi peringatan bahwa masyarakat perlu banyak belajar mengenai instrumen investasi tersebut sebelum memutuskan berkecimpung di dalamnya.
The Australian government’s spending on its biggest tax concessions has jumped 24% in the past year.
Sebagai investor muda, pendiri ekonomi makro modern John Maynard Keynes mungkin akan membeli Bitcoin. Namun, Keynes yang lebih tua akan cenderung menghindarinya. Simak alasannya.
Australia’s Consumer Price Index rose 1.3% in the three months to December, bringing inflation for the 2021 year to 3.5%.
The craze among celebrities for Bored Ape NFTs suggests speculation has become completely detached from any idea of fundamental value.
As a young investor, the founder of modern macroeconomics John Maynard Keynes might well have bought Bitcoin. The older Keynes would not have. It’s instructive to examine why.
The government budgets for the unannounced because it doesn’t want its projections to “blow out” during the campaign.This gives us an idea of how much, but not what, is in store.
Harcourt became an economist because he “hated injustice, unemployment and poverty”. He became one of Australia’s greatest, and was a leading figure in the development of economic thought.
Andrew Wallace has been appointed to the increasingly important role of speaker of the House of Representatives.
Like fiat currencies, cryptocurrencies have no fundamental value. So what is the value of Bitcoin?
In its quarterly statement on the economy the Bank is at pains to suggest it won’t be lifting interest rates quickly.
Buying Bitcoin or other cryptocurrencies directly can be fraught. Exchange-traded funds take away some risks, but increase others. Here’s what you need to know.
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