Today
Worried about rising rates? Top forecasters say RBA may well be done
After the year kicked off with a rise in Australia, top experts have shared their views on where to next for one of the world’s most hawkish central banks.
Angus Taylor’s big task
Readers’ letters on the Liberals’ new leadership, the Gaza war, the economic state of Victoria, younger voters and the sale of defence sites across Australia.
Yesterday
Coles set to face the music over ‘misleading’ discounts
There is plenty at stake for the supermarket giant and the competition regulator as a dispute over hundreds of allegedly fake promotions finally has its day.
ASX eyes record high as 80 companies prepare to report
The Australian sharemarket is set to open higher ahead of a busy earnings week. JB Hi-Fi, BlueScope, Treasury Wines Estates and Stockland will report on Monday.
This Month
Bank supremacy battle, blue chip CEOs exiting and wild ASX moves
James and Anthony discuss this week’s market turmoil, how Macquarie is tearing banking apart and what’s behind a spate of chief executive departures.
From Goldilocks to too hot, markets face an almighty inflation test
Fund managers are starting to rethink a playbook that pushed equities to record highs as Australia emerges as a possible bellwether for the rest of the world.
‘About time’: Calls for Labor government spending review
Australia has scrutinised the tax system five times in the past 40 years but conducted only two comprehensive spending reviews – the last more than a decade ago.
RBA board appointee argued for higher interest rates
Bruce Preston, one of the nation’s top academic monetary policy economists, has been added by Jim Chalmers to the central bank’s cash rate-setting panel.
$A to hit the ‘mid-70s’ in US cents as RBA raises interest rates
The sudden surge has pushed the Australian dollar above US71¢ and that is tipped to carry on for the next few months, but the rally could rapidly unwind.
RBA concedes low unemployment fuelled inflation
High labour costs are contributing to inflation pressures that forced the RBA to U-turn and raise interest rates for the first time in two years last week.
Get ready for wild markets as earnings season kicks off with a bang
AMP and Temple & Webster are the latest stocks to be slammed by the market. Veteran fund managers warn the volatility is going to get even more extreme.
Treasury contradicts Chalmers on spending blowout
A senior treasury official has contradicted a claim from Jim Chalmers about the contribution of government spending to a $54 billion blowout in the budget.
Mall owner beats rate rises with debt moves
Region Group boss Anthony Mellowes says managing the risk of rising debt costs has become key to the mall owner’s profit.
The $135b ‘government boom’ reshaping the economy
Australia traded iron ore pits for the public purse, swapping the mining boom of the 2000s with a $135 billion public demand surge that’s reshaping our economy.
Chalmers’ inflation claims questioned over excluded spending figures
Federal government spending has injected more than $70 billion extra into the economy over the past two years, exacerbating the budget deficit.
RBA issues dire warning on economic growth
The bleakest-ever outlook for economic activity will eat into Australians’ living standards through higher inflation and increase scrutiny on the federal government’s deteriorating budget.
Will the real Kevin Warsh stand up to Donald Trump?
If the nominee for chairman of the Federal Reserve values his place in history, he must confound his sceptics and not bow to the US President on interest rates.
Why Qantas’ loyalty boss’s son tore into him
Qantas will allow its frequent flyers to book premium economy seats on Emirates as part of a strategy to hit $1 billion in loyalty revenue by 2030.
Top banks trial stablecoin loan deals, but a bigger threat is looming
NAB and Westpac were among the banks taking part in recent stablecoin capital markets transactions, under a program backed by the RBA.
Data and dollar show the RBA raised rates too soon
If the currency’s appreciation sticks, it will reduce inflation by early 2027 by a bit over one percentage point relative to where it would have been otherwise.
