Page 2 - Peter Downes News Today

A pivot towards quantitative tightening is a tacit admission that the Reserve Bank is less likely to buy bonds to stimulate in future recessions.

If budget week taught us anything, it’s that the political fight is going to be increasingly about winning over “middle Australia” on cost of living and it could get nasty.

If budget week taught us anything, it’s that the political fight is going to be increasingly about winning over “middle Australia” on cost of living and it could get nasty.

The Albanese government’s cost of living package will drive inflation higher as households spend the extra cash elsewhere in the economy, economists say.

Recommendations to remodel the RBA means fewer board meetings, more challenges to the governor, but will it change how mortgages are set?

It was the spillover of public sector stimulus that lasted for too long, not price gouging by companies that fuelled the inflation outbreak.

Treasurer Jim Chalmers has flagged a ‘public conversation’ about Australia’s current fiscal settings, with economists pointing to tax reform as a major priority.

Treasurer Jim Chalmers has blamed predecessor Josh Frydenberg for the wind-back of a key tax offset for low- and middle-income Australians.

Facing a big structural budget deficit and spending pressures, the Treasurer’s latest tax is part of his plan to target revenue.

Crossbench overturns super rules in “massive defeat” for Labor that Coalition says will “let the sunlight in”; Zelensky asks EU for more arms. Follow updates here.