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Economy

  • WHAT'S NEW

    Australia’s rate hikes outpace major economies as RBA tipped to increase rates again

    By Tegan George

    The Australia Institute’s chief economist is betting on a Melbourne Cup interest rate rise, after RBA governor Michele Bullock confirmed Australia’s rate hikes this year have outpaced those of other major advanced economies.

    Economy
    Australia’s rate hikes outpace major economies as RBA tipped to increase rates again
  • OPINION

    Shoebridge has diagnosed Australia’s economic problems, but tax cuts miss the point

    Maiy Azize

    Senator David Shoebridge's first National Press Club address as Greens leader got a lot right. He spoke about an economy that is failing ordinary people, decades of privatisation, and a housing crisis that has pushed people into despair and insecurity. On each of these fronts, he's right.

    Maiy Azize
    Economy
    Shoebridge has diagnosed Australia’s economic problems, but tax cuts miss the point
  • OPINION

    Confessions of the Inflation Dragon

    Fiona Katauskas

    Fiona Katauskas
    Economy
    Confessions of the Inflation Dragon
  • OFF THE CHARTS

    Rate rises won’t bring down oil prices or stop the data centre boom

    By Matt Grudnoff

    The Consumer Price Index (CPI) for the month of September has just been released, and it shows that inflation has gone up to 4.6%. This increase has been driven by increasing fuel prices.

    Economy
    Rate rises won’t bring down oil prices or stop the data centre boom
  • WHAT'S NEW

    “Because of course we should”: Greens Leader David Shoebridge uses key speech to reiterate support for gas exports tax

    By staff writers

    Australian Greens Leader David Shoebridge has once again voiced his support for a 25% tax on gas exports during a key speech at the National Press Club in Canberra today.

    Economy
    “Because of course we should”: Greens Leader David Shoebridge uses key speech to reiterate support for gas exports tax
  • WHAT'S NEW

    Greens promise major tax cuts and welfare boost funded by gas and mining profits

    By Amy Remeikis

    The Australian Greens have promised to lift the tax-free threshold to $26,000 and pay an extra $1000 a year to people on income support, funding the plan with new taxes on gas exports and mining profits worth a combined $45 billion a year.

    Economy
    Greens promise major tax cuts and welfare boost funded by gas and mining profits
  • OPINION

    Is the OECD’s Mathias Cormann right about productivity?

    Ray Wills & Peter Newman

    Productivity matters, but economic reform should be judged by whether it lowers real costs, improves household affordability and delivers lasting benefits – not simply whether it lifts output. Climate resilience and a fair transition belong inside that assessment.

    Ray WillsPeter Newman
    Economy
    Is the OECD’s Mathias Cormann right about productivity?
  • OPINION

    The cost of using AI is about to skyrocket, but do we have the appetite to pay?

    Thanh Hang Bui

    We have been gorging ourselves at an all-you-can-eat buffet, but the menu is about to change. AI tools that have been discounted will soon start charging based on your usage, raising serious questions about our appetite to pay.

    Thanh Hang Bui
    EconomyArtificial Intelligence
    The cost of using AI is about to skyrocket, but do we have the appetite to pay?
  • WHAT'S NEW

    'Imagine siding with the tech bros': David Pocock calls for 5% levy on AI data centres

    By Tegan George

    Independent senator David Pocock has proposed a five per cent levy on data centres that he says would raise $500 million by the end of 2030.

    EconomyArtificial Intelligence
    'Imagine siding with the tech bros': David Pocock calls for 5% levy on AI data centres
  • OFF THE CHARTS

    Most of us don’t have trusts, and those who do earn a lot more than the rest of us

    By Greg Jericho

    Discretionary trusts are the tool of those with high incomes to minimise paying tax, and you can understand why they are unhappy about that ending.

    Economy
    Most of us don’t have trusts, and those who do earn a lot more than the rest of us

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