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Prices send clear signals to consumers. During COVID, that signal was to buy more chocolate-covered muffins. → Read More
Treasurer Jim Chalmers has confirmed he would decide on the RBA governor’s position in July, as he races to put in place major changes to the bank recommended by the recent review. → Read More
Australia has recorded its largest one-year increase in population as migrants return to Australia, but deaths connected to COVID-19 also surged. → Read More
Adam Smith, author of The Wealth of Nations, would be 300 this week. But if he held a birthday party, he’d have questions about the dominance of big business. → Read More
The Reserve Bank is walking a fine line between reducing inflation and bringing the economy to a halt. It’s confusing many, including one MasterChef. → Read More
Of the top 10 communities to receive assistance, seven are in federal electorates held by either the LNP, the Nationals or the Liberal Party. → Read More
Not since Paul Keating and Peter Costello has a treasurer delivered a budget surplus. → Read More
Two key pressures face Treasurer Jim Chalmers and Finance Minister Katy Gallagher in the budget - fighting inflation and delivering cost of living relief. → Read More
Financial markets had said there was a 100 per cent chance of the RBA holding the cash rate steady, and most economists also believed the bank would pause. → Read More
Reviews of the 2019 and 2022 elections by the Labor and Liberal parties reveal very different lessons have been learnt, that could affect the result of the next poll. → Read More
Scientists are meeting in Versailles this week to make a decision that could change the very nature of time. And Australia’s vote counts. → Read More
RBA governor Philip Lowe acknowledged that rates had risen “materially” since May but said the board expected to increase them further over the period ahead. → Read More
There’s more pressure on the RBA to continue lifting interest rates after the consumer price index lifted another 1.8 per cent in the September quarter. → Read More
Queen Elizabeth II is the only monarch to have appeared on Australia’s decimal coins, but that will change with new ones featuring the King. → Read More
Well before you could convert foreign currency with the touch of a smartphone, there were heavy restrictions on the movement of currency out of Australia. → Read More
Treasurer Jim Chalmers will reveal that the battle to control inflation will take a substantial economic toll over the next two years. → Read More
The result was slightly below market and economists’ expectations but means inflation still remains at its highest level in 20 years. → Read More
Fees paid by foreign investors to buy property, farms and businesses will double as part of the federal government’s budget repair plan. → Read More
A Treasury analysis shows Australian mothers earn less than half of their pre-birth wage in the five years after childbirth. That’s worse than for women in the US, UK, Denmark and Sweden. → Read More
The Reserve Bank has lifted interest rates amid more signs of the inflationary pressures hitting parts of the economy. → Read More