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Greg JerichoThe Guardian |
Despite what the fearmongers would have you believe, the latest inflation figures showed that inflation remains well under control. Not only is there...
Last week Anthony Albanese finally announced the government’s major plan for the transition to a renewable energy economy. The Future Made in...
This week the IMF told Australians what we already knew – we are hurting from rate rises harder than anyone. But unfortunately, that is unlikely to...
We are now a month away from the 2024-25 budget. And as with all budgets, the choices made matter much more than any big numbers that get the media...
As we gear up for the annual fight over the minimum wage it was nice to hear the governor of the Reserve Bank last week come out in defence of...
When asking “Who screwed the millennials?” should we just apply Occam’s razor and answer “John Howard”? His government certainly shoulders a...
When the February unemployment figures are released on Thursday at 11.30am, there is a decent chance that, according to one measure, Australia will be...
What if 2020 was as good as it gets for housing affordability? Forget gathering around to hear old man Jericho talk about the good old days when Gen...
The latest GDP figures show that the Reserve Bank has slowed things down so drastically that Australia’s economy, for the first time for 40 years,...
In Hollywood everyone knows never to ask for a percentage of the film profits. These so-called “monkey points” are the stuff of legends and mirth....
The good news is real wages are finally going up – and not by so much that the Reserve Bank should be worried that it needs to once again raise...
Australian policy is dominated by interest groups and politicians pretending they are trying to do one thing, while actually doing the opposite, and...
Despite a new year and a new way of doing things, the thinking at the Reserve Bank remains the same – inflation is all about people having too much...
That sound you heard was a massive sigh of relief from mortgage holders across the country as the latest inflation figures pretty much put an end to...
The term “bracket creep” is getting thrown around with wild abandon at the moment, so we might as well get a handle on what it means and work out...
It is fair to say I have not taken a neutral position on the stage-three tax cuts. After all, back in 2022 I was the guy who wrote “the stage-three...
Just in case you were ever worried that the Australian housing market might crumble, the latest ABS housing loan figures show that in November the...
When retail spending surges, the Reserve Bank can be of a mind to raise rates and slow the economy even more. But the big jump in spending in November...
It was, as ever, a big year in the economy. We seem to always live in interesting times and this year, even though lockdowns were over and things...
When it comes to being a treasurer, it is better to be good than lucky. Peter Costello, through no skill of his own, presided over a period where each...
In the September quarter the economy struggled mightily. All that kept the economy afloat was government spending and population growth, while...
At times you have to wonder if members of the Reserve Bank executive and board have met anyone who actually lives in a typical Australians household,...
The triple threat of falling real wages, rising prices of necessities and soaring mortgage repayments has seen people’s living standards plummet in...
Economists sometimes like to think we can never have good things, and the news – even if good – is never as good as you think. So let us celebrate...
From the moment the CPI figures were released two weeks ago, the general consensus of economists around the country was that the RBA would raise...
The latest cost of living figures show just how damaging another rate rise next week would be to households and the economy. In the past week the...
In the past year inflation grew 5.4%, down from 6% in the June quarter and almost a third below the peak of 7.8% at the end of last year. And yet...
The Australian government likes to say we can be a renewable energy superpower, but it ignores that we already are an energy power that fails utterly...
T his week the International Monetary Fund released its latest six-monthly world economic outlook and global financial stability report. As you might...
T he first interest rate decision under the new governor of the Reserve Bank of Australia, Michele Bullock, came on the same day data showed just how...
N ext Tuesday the new Reserve Bank governor, Michele Bullock, will get her first test when the RBA board meets. Let us hope she is not one to get...
A day after the government and the Greens did a deal on the housing Australia future fund (Haff) designed to improve housing affordability, the...
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