Australia gets half its urea – a crucial nitrogen fertiliser – from countries now impacted by the war. But research suggests higher food prices aren’t a given.
Articles on Inflation
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Both private-sector and government spending contributed to the fastest GDP growth since 2022. Yet it’s still well below the growth Australians saw in the past.
If growth is the metric that counts, this is not yet the turning point that will deliver rising living standards and jobs for all.
The rise in the oil price so far complicates the outlook, but does not resemble past energy crises.
By 2025, 45% of full-time workers in Australia had ‘six figure’ earnings. But years of high inflation mean cracking this threshold doesn’t mean what it used to.
The Reserve Bank’s decision to raise interest rates was aimed at taming inflation. Is there a better alternative?
Government spending – federal, state and local – grew by less than consumer spending and business investment last year.
The next few months may be the most crucial Jim Chalmers has faced as treasurer.
The RBA will be hoping Australians respond to this rate rise in three ways: spending less, saving more and not asking for big wage rises.
A modest move on rates now could reduce the chance of more aggressive action later.
Trump’s pick to helm the Fed is well known in the financial world, but his monetary policy views have evolved to align more with the president’s desire for lower rates.
A rate hike next week would be an unusually rapid turnaround after the recent interest rate cuts.
The new Grocery Code sets guidelines for retailers and suppliers, introduces a formal dispute resolution mechanism and may indirectly benefit consumers.
It’s unusual for central bank leaders to issue such a statement. But the reason is simple: what happens in the US matters worldwide.
The investigation follows Fed Chair Jerome Powell’s refusal to toe the White House’s line over interest rate cuts.
The latest inflation figures are an important piece of the puzzle for the Reserve Bank ahead of its next interest rate decision in February.
The stagflation crisis of the 1970s stands as a clear warning of what might happen if the Fed’s independence is compromised.
Most Christmas trees are imported from other states, which drives up costs.
Nigeria needs a radical shift in its economic policy approach. Macroeconomic stability won’t automatically create jobs and alleviate poverty.
The RBA is focused on when inflation can be brought back under control.
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