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Greg JerichoThe Guardian |
The midyear economic and fiscal outlook (Myefo) released on Wednesday showed a slight increase in the size of budget deficits over the next three...
With less than six months to go before the election, it is time to be alert to the numbers and phrases used by politicians, especially when they...
The Australian economy is now so weak due to the Reserve Bank’s 13 interest rate hikes that were it not for commonwealth and state government...
If anyone was under any delusion that Donald Trump was not going to be as bonkers as he said he would be, then his announcement on Tuesday that he...
I always worry when I hear politicians or economists talk about how the economy needs to be administered some painful medicine. Inevitably it means...
The latest wage growth figures should make the Reserve Bank cut rates in December as their absurd worries about a wage-price spiral have been...
Right now final submissions are being made by private health insurers to the government for an increase in insurance premiums next year. In light...
The federal government’s plan to cut 20% off Hecs/Help has been met with some ludicrous claims about fairness that has to make you wonder if people...
The latest inflation figures delivered both the good news that inflation is below 3% for the first time since early 2021 and the sense that it...
The latest unemployment rate should be met with cheers rather than gloom about it putting off a rate cut. We don’t need higher unemployment to get...
Skills shortages are nothing new. Ten years ago, when unemployment was 5.9%, I wrote about how business groups were demanding more migration to...
After spending any time analysing policy you quickly realise that politicians expend a supreme level of effort to avoid doing the obvious, and...
When the environment minister, Tanya Plibersek, approved three new coalmine expansions last week, she not only failed abjectly to act on climate...
This week came the evidence that governments can reduce inflation. We also saw evidence that companies don’t actually set prices responding to...
This week a friend who lives in Sydney posted a link on social media to the story of a terrace house on the market for $22m. She noted, with the...
The June quarter GDP figures released yesterday reveal just how badly the Reserve Bank has misread the economy. Its decision to sharply raise...
Next week’s March quarter GDP figures will once again put the spotlight on the weakness of the economy. But questions about a recession are already...
Banks, I know you will be sad to hear, are apparently doing it tough. So tough that they are starting to cut term deposit rates because they think...
Right now, a key debate over the economy is between the Reserve Bank and the government over just how hot the economy is running. The RBA suggests...
From worrying about another rate rise, the question now is when the Reserve Bank will move to cut rates. For those wanting to buy their first home,...
The June quarter inflation figures released yesterday brought a sigh of relief from those worried the Reserve Bank might be about to raise rates...
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