Federal budget: Rein in state spending to help RBA on interest rates, Treasurer Jim Chalmers urged
Governments are on track to loosen their budgets by $50 billion in the middle of an inflation crisis and rising interest rates.
Source: afr.com
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Cost-of-living concerns not going away, as household real incomes slump for eight quarters in a row
After eight quarters in a row of falling real household incomes, Australians will have to wait until 2027 for living standards to recover to pre-pandemic levels.
Source: afr.com
RBA governor Michele Bullock's media mission aims to 'build the constituency' for tough love on inflation
The strategy behind the Reserve Bank’s new era of openness is full of risks, as markets and householders take the governor at her word.
Source: afr.com
How Treasurer Jim Chalmers is rated by 10 economists
Leading economists surveyed by The Australian Financial Review were asked to assess the performance of Treasurer Jim Chalmers and rate him out of 10.
Source: afr.com
Renewable energy investment plans surge, ACIF forecasts show
Even as the pipeline of projects jumps after new climate change legislation, Australia is unlikely to meet its renewable energy target.
Source: afr.com