Australian households are taking on much bigger mortgages than they were 15 years ago. And our incomes haven’t kept up, either.
Articles on Inflation
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The RBA will get one more inflation reading before it meets again on rates.
Economic growth may have returned to NZ, but lifting living standards will require more than a cyclical recovery. What should voters be looking for in policies?
The challenge is whether the RBA can bring inflation under control without causing a recession.
The treasurer says there is near-universal expectation by economists that rates are going up around the world.
The jobless rate hasn’t been this high since November 2021. But this is why it’s unlikely to stop the Reserve Bank from lifting interest rates next Tuesday.
This year’s El Niño is likely to be the strongest on record. That would boost some fruit supplies – but it could also push up wheat, sugar and beef prices.
The rush to build data centres brings investment and the promise of a sophisticated digital economy. But it also creates new pressure on housing and skilled workers.
With food inflation over 128%, ordinary households are seeing – and documenting – the impact of sanctions at the checkout.
The recent student protests in India reflect the difficulties faced by a middle class whose growth has slowed significantly in recent years.
Shoppers are increasingly hunting for value, which puts the onus on businesses to tread carefully when justifying price hikes.
We asked two independent economists to give snapshots of our economic health – or lack of it.
In closely contested House and Senate races, even a small shift in union votes could influence the outcome.
The growth figures for June beat expectations – helped in part by record EV sales. But on a per-person basis, the economy is not doing so well.
The Reserve Bank has increased the official cash rate to 2.75%. But much of the inflation affecting New Zealand wallets is imported and beyond the bank’s control.
Speaking before the National Cabinet meeting ended, the cabinet secretary warned household bills are likely to rise if data centres are powered by coal or gas.
The Reserve Bank has warned that if we don’t see inflation coming down, it will have to raise interest rates again.
With inflation outpacing wage growth, NZ incomes are effectively going backwards. Australia’s collective bargaining rules could offer a remedy.
Border closure fails when it ignores the daily political and economic dynamics operating in the borders.
Fossil-fuel dependence, the costs of adapting to a changing climate and the transition to cleaner energy are all driving up costs.
Top contributors
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Professorial Fellow, University of Canberra
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Senior lecturer, Canberra School of Government, University of Canberra
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Scientia Professor of Economics, UNSW
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Associate Professor, School of Economics, University of Sydney
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Professor of Economics & Business, Allegheny College
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Associate Professor of Business, Boston University
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Associate Professor of Finance, Mississippi State University
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Senior Lecturer in Economics, The Open University
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Visiting Professor at the Business School, University of the Witwatersrand
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Professor of Economics, University of Nebraska Omaha
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Lecturer in Economics, Monash University
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Professor of Economics, University of Canberra
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Associate Professor, Research School of Economics, and Research Associate, Centre for Applied Macroeconomic Analysis, Australian National University
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Associate Professor of Economics, Pace University