Inflation
Consumer confidence bounces with stage 3 tax cuts
The joy may be short-lived, with inflation data due next week key to the Reserve Bank board’s next interest rate move.
- by Rachel Clun
Latest
Opinion
Opinion
Could a Harris economy prove more progressive than ‘Bidenomics’?
As US Vice President Kamala Harris prepares to potentially replace President Joe Biden atop the Democratic ticket, she now faces the challenge of articulating her own vision for steering the US economy.
- by Alan Rappeport
Exclusive
General insurance
The forgotten tax adding billions to the country’s insurance premiums
State governments have reaped billions from stamp duty on insurance, and the industry’s peak body says it’s time for states to put that money back into mitigating natural disasters.
- by Rachel Clun
All eyes on inflation figures after strong employment result
Inflation figures due in less than two weeks will be the key to next month’s rates decision, as the country’s jobs market remains strong despite economic headwinds.
- by Rachel Clun
The squeeze that could shut down one in 10 cafes this year
High interest rates and inflation are forcing consumers to slice their spending. That could end up sending the local cafe broke.
- by Shane Wright
Opinion
US Votes 2024
Trump’s radical policy agenda looms larger after the shooting
A second Trump presidency could lead to a new breakout of inflation in the US, even as the Federal Reserve board’s independence would be under threat.
- by Stephen Bartholomeusz
Opinion
Income tax
Yes, we need tax reform, but it offers no easy answers
Surely if we could end the crazy business of bracket creep, we’d pay less tax? Well, yes – but no.
- by Ross Gittins
Exclusive
Cost of living
Ordinary workers ‘can’t keep up’ with mortgages, rent and bills – even with multiple jobs
Working Australians, some with multiple jobs, are inundating financial counselling services at COVID-era levels as interest rates and inflation make life unaffordable.
- by Shane Wright
Rents, weather events and premiums mean fight against inflation not yet won
Australia’s inflation rate has been falling for over 18 months, but rent and insurance inflation are among the household essentials bucking that trend.
- by Rachel Clun
Opinion
Interest rates
The ‘brace position’ that could help some home owners’ budgets
Australian borrowers now know to talk to their lender before they get into serious money trouble – and that’s a good thing.
- by Nicole Pedersen-McKinnon
Early end-of-financial-year sales help lift retail spending
Retail turnover rose by 0.6 per cent in May following two sluggish months of consumer spending.
- by Rachel Clun and Shane Wright