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Treasurer Jim Chalmers pushed economic issues to the front of the government’s agenda this week. And there is more to add.
ECONOMY
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Australia’s unemployment rate plummeted to 3.5 per cent in June, the lowest rate in 48 years.
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Interest rates are soaring and there are growing fears a recession could be around the corner. So why is the RBA doing this to us?
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Reserve Bank governor Philip Lowe is hoping for his goldilocks pain moment for interest rates.
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Australia’s jobless rate sank to a new 13-year low last month with a big rise in full-time positions, as the economy shrugged off more of the Omicron Covid disr…
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In its latest quarterly statement on monetary policy, the Reserve Bank has laid out three possible scenarios for the economic outlook.
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Economists at a major Australian bank have slashed their economic growth forecast for the March quarter to zero due to the impact of Omicron on activity.
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Residential building approvals in Victoria surpassed 70,000 in 2021 – proving the construction industry is leading the state’s economic recovery.
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While confidence remains relatively stable, strong November results for the retail sector could trigger false hope, economists warn.
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The Reserve Bank of Australia’s first meeting of 2022 shapes as a cliffhanger, with economists split over the fate of the central bank’s bond-buying program.
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Policy makers can counteract how sentiment triumphs over facts, according to a discussion paper released by the Reserve Bank of Australia.
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Economists at Australia's largest retail bank are predicting a robust economic outlook, but have also warned of a build-up in inflation pressures.
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Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
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Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
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