Michael Janda
ABC.net.au
Sydney, NSW, Australia
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Past articles by Michael:
Electricity prices set to surge up to 30 per cent as regulators reveal draft pricing plans
The Australian Energy Regulator releases its draft electricity price increase for the coming financial year, but says its default market offer would have been higher without government intervention. → Read More
RBA governor Philip Lowe says interest rate 'pause closer' with 'open mind' based on data
The Reserve Bank governor says the board is considering a pause after 10 consecutive interest rate rises, possibly as early as April, but the timing will depend on incoming economic data. → Read More
Reserve Bank of Australia raises interest rates to 11-year high
The Reserve Bank of Australia (RBA) raises interest rates for the 10th consecutive meeting, taking the cash rate target to 3.6 per cent. → Read More
ASX set to climb after US markets surge for no apparent reason — live updates
The ASX is poised for solid gains after Wall Street ended last week higher, for little apparent reason other than hopes rates will not rise too far. Follow the day's events and insights from our business reporters on the ABC News live markets blog. → Read More
House price falls ease in February with Sydney posting a rise as real estate listings dry up
A lack of properties for sale and the first rise in Sydney home prices in more than a year stabilise real estate values across the nation. But for how long? → Read More
Profits have driven inflation while wages lag behind, argue economists
Increasing profits going to corporate Australia account for more than two-thirds of the nation's inflation problem, according to new research from the Australia Institute. → Read More
Qantas half-year profit tops $1 billion as revenues triple on post-pandemic travel boom
Qantas posts a billion-dollar half-year profit, dramatically turning around its fortunes from a $456 million loss for the same period a year earlier. → Read More
Coles, Woolworths profit surge raises questions over inflation profiteering
The big supermarkets raked in combined profits of more than $1.5 billion over the last six months of 2022. But were they profiteering from inflation or just passing on rising costs? → Read More
ASX set for weak start to the week as Wall St wobbles, profit reports flow in — live updates
ASX set for a small dip as traders raise interest-rate bets on signs inflation will be slower to come down than hoped. Follow the day's events and insights from our business reporters on the ABC News live markets blog. → Read More
ASX set for steady start amid rates uncertainty, corporate profit results from IAG, JB Hi-Fi and others
The ASX is set for a flat start to trade after a mixed session on Wall Street to end last week, and as a raft of companies unveil their earnings, including JB Hi-Fi, IAG and Carsales. Follow the day's events and insights from our business reporters on the ABC News live markets blog. → Read More
The Reserve Bank will keep raising interest rates, but don't expect more supersized jumps
The Reserve Bank confirms that Australians can expect to see at least two more rate rises, but appears to favour a slow and steady approach over any more supersized hikes. → Read More
ASX on edge as US jobs numbers see more interest rate rises expected
US jobs numbers massively beat expectations, sending Wall Street lower, with the ASX unsure whether to follow. Follow the day's events and insights from our business reporters on the ABC News live markets blog. → Read More
Building industry faces 'nerve-racking' 2023 amid double-whammy of rate hikes and inflation
Just as increases to construction material prices are starting to slow down, builders are facing a new threat, with rising interest rates forcing clients to cancel their contracts. → Read More
Supermarket prices surge and there's more inflation to come, warn analysts
Supermarket price increases accelerated over the past three months of 2022, with Woolworths leading the charge, according to research by investment bank UBS. → Read More
NSW land tax and stamp duty debacle again shows how politics trumps policy
There are few tax changes that generate more expert consensus than replacing stamp duty with a land tax, but even a zealous premier has failed in his ambitions to enact meaningful reform in this area. → Read More
No 'green' mining boom for Australia yet, despite lithium and hydrogen investment surge: CBA
Investment in 'green' mining, including lithium and hydrogen projects, is on the up but analysts say it is not yet the start of a new mining super cycle, and gas and coal projects are still attracting the majority of funding. → Read More
Has Australia's housing boom hit the end of the road and could it take the economy down with it?
Australia has been kicking a can full of economic problems, mainly related to housing and household debt, down the road for decades. Is 2023 the year we reach the end of the road, asks Michael Janda. → Read More
Higher interest rates for struggling borrowers set to compound mortgage woes
Hundreds of thousands of the most vulnerable mortgage borrowers risk being locked into uncompetitive interest rates as falling property values reduce or remove their ability to refinance. → Read More
Sun Cable collapses after dispute between billionaire investors Andrew Forrest and Mike Cannon-Brookes
Sun Cable, the company behind a massive solar farm and power export project planned for the Northern Territory, has appointed administrators amid disagreements between Andrew Forrest and Mike Cannon-Brookes. → Read More
Live updates: ASX set for falls ahead of busy week for central banks
The Australian share market is set for falls as investors expect three of the world's major central banks to hike rates steeply later this week. Follow live. → Read More