A ‘pre-COP’ meeting in Fiji and Tuvalu is one of those initiatives that seemed a good idea at the time, but for Albanese it will feel more chore than opportunity.
Articles on Interest rates
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The shadow treasurer also blames government spending for inflation and says the Coalition would not ‘spend willy-nilly’ if elected.
Australian households are taking on much bigger mortgages than they were 15 years ago. And our incomes haven’t kept up, either.
Tech is having a big effect on bond markets.
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.
The Federal Reserve’s rate hike comes as the US economy is increasingly moving at two very different speeds.
Voters’ economic pain is real. But perceptions matter too, and the government must get better at selling its message on its key policies.
We asked two independent economists to give snapshots of our economic health – or lack of it.
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.
With no clear plan to curb government spending in the US or in Australia, investors are pushing up interest rates to decade highs.
The Reserve Bank has warned that if we don’t see inflation coming down, it will have to raise interest rates again.
The housing market matters for the broader economy. The RBA will be watching closely before it makes another interest rate move.
55% of Australian home loans have an offset account. But they can be difficult to navigate, set up and monitor – and they’re not a good deal for everyone.
The RBA has warned it’s prepared to raise rates again to tame inflation. But these latest figures give it time to pause until November.
Let’s unpack how interest rates actually work. Then try the RBA’s quiz to see how well you understand the economy.
Australia has long romanticised home ownership. But with evidence linking mortgage stress to poor mental health, we can’t forget people once they get the keys.
The latest figures show petrol prices are down – but nearly everything else is still rising.
There’s no sign of interest rate cuts on the horizon, with inflation still far too high for comfort.
Top contributors
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Scientia Professor of Economics, UNSW
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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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Associate Professor, Research School of Economics, and Research Associate, Centre for Applied Macroeconomic Analysis, Australian National University
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Associate Professor, School of Economics, University of Sydney
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Professor, Warwick Business School, University of Warwick
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Associate Professor of Finance, Mississippi State University
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Lecturer in Economics, Monash University
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Senior Lecturer in Economics, The Open University
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Professor of Economics, University of Leeds
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Professor of Economics, University of Nebraska Omaha
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Head of Department of Economics, Finance & Accounting, Brunel University of London
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Visiting Faculty in Economics, Emory University
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Professor of Macroeconomics, University of Sydney