Topic | Australian economy | The Age

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Australian economy

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Wall Street is primed to crumble if the Fed got it wrong

Wall Street is primed to crumble if the Fed got it wrong

The start of a Fed rate-cutting cycle is a huge moment for the international financial system. Whether it has come too late remains to be seen.

  • by Ambrose Evans-Pritchard

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This is the key to happiness and economic prosperity
Opinion
Opinion

This is the key to happiness and economic prosperity

Since the industrial revolution, we’ve fattened up our economy by pumping out products and consuming more. But there’s a way to grow outside the box.

  • by Millie Muroi
Hates for rates: RBA governor Michele Bullock’s tough-talking first year

Hates for rates: RBA governor Michele Bullock’s tough-talking first year

From a bitter political fight on rates to inflationary haircuts, Bullock’s term as Reserve Bank governor is unlikely to get easier.

  • by Shane Wright
RBA will cut rates six months after rest of world: Macquarie boss

RBA will cut rates six months after rest of world: Macquarie boss

Shemara Wikramanayake says Australian inflation is six months behind countries where rates have already been cut, but the economy is stronger in other areas.

  • by Penry Buckley
Economists get things wrong – a lot. There’s one glaring problem

Economists get things wrong – a lot. There’s one glaring problem

It starts with our 17 and 18-year-olds, but flows through to our toughest decisions. Here’s how we change the game.

  • by Millie Muroi
The $85b Australians have saved by ditching the commute

The $85b Australians have saved by ditching the commute

Craig and Sylvia saved $350 a week when they stopped commuting to work and spent the money going to Italy instead. They are not alone.

  • by Shane Wright and Millie Muroi
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Chalmers has every right to comment on what the Reserve Bank is doing to the economy
Opinion
Opinion

Chalmers has every right to comment on what the Reserve Bank is doing to the economy

The RBA has a job to do, but let’s never forget it’s a bunch of unelected people wielding what amount to extraordinary powers. It’s not infallible, and it should not be verboten for an elected parliamentarian to note the effects of the RBA’s choices.

  • by Shaun Carney
Chalmers eyes Greens lifeline for Reserve Bank overhaul

Chalmers eyes Greens lifeline for Reserve Bank overhaul

After months of talks, the Coalition has walked away from a key change to the Reserve Bank. But the treasurer may win support from the Greens.

  • by Shane Wright
Blaming Albanese for this crisis is unreasonable
Letters
Letters

Blaming Albanese for this crisis is unreasonable

Readers respond to polling that shows Australians blame Labor for inflation and the rising cost of living.

Spending to avoid a recession is a good thing, says Chalmers

Spending to avoid a recession is a good thing, says Chalmers

Without government spending on Medicare bulk-billing, pharmaceuticals and the NDIS, the country would already be in a recession.

  • by Shane Wright
The eight steps that could persuade the Reserve Bank to lower rates

The eight steps that could persuade the Reserve Bank to lower rates

This week’s national accounts suggest the RBA’s latest forecasts around households were wrong. But there are several key indicators it will watch before it moves on rates.

  • by Shane Wright