You can ask people to forego a holiday to ease inflation, but the RBA driving up rates so some have to skip meals is Dickensian.
The Reserve Bank has lifted interest rates four times this year. The chances of another have climbed after a warning from one of its senior board members.
The chief economist of the country’s largest bank has warned the RBA is risking a recession as it battles inflation.
The Reserve Bank has pushed interest rates to 4.6 per cent. They may have to go higher, especially if oil prices continue their upward spiral.
A 10-year analysis of lower migration scenarios using Parliamentary Budget Office tools exposes the economic and budget consequences of blunt measures to bring fewer people to the country.
Mathias Cormann says both sides of politics have failed over the past 20 years to embrace changes the country needs if living standards are to improve.
The NSW unemployment rate hit 4.7 per cent last month, the highest level since November 2021.
Financial markets now put the chance of an interest rate rise in November at almost one in 10.
Jim Chalmers faces a nearly two-year campaign against the reforms despite insisting he wants to make taxation fairer and safeguard the entire system.
Right faction Labor MPs have vented in a meeting about potential blowback over the party’s changes to trusts.