Economy
ANZ is last of the big bad banks to report their profit
The big four have now all reported their obscene profits for 2025 as they continue to dominate the Australian market
The Senate is about to have an inquiry into the leading driver of expensive housing
The Greens, with the support of the Coalition, have established a Senate inquiry into the capital gains tax (CGT) discount. The CGT discount is an enormous tax concession that goes to people who buy investment properties.
Free electricity: AGL and the other retailers will fight to keep their outrageous markups on electricity
Solar power is producing more electricity than needed in the middle of the day when the sun is strongest. In turn that has reduced prices to zero in the middle of the day.
The Reserve Bank still thinks the labour market is tight. What evidence does it need?
Yesterday the Reserve Bank of Australia announced no change in official interest rates. Among other reasons it said “measures of labour underutilisation remain at low rates, job vacancies are still at a high level and business surveys and liaison continue to suggest that a significant share of firms are experiencing difficulty sourcing labour.”
Interest rates cuts have reduced the cost of living for employee households
After last week’s inflation figures the government got some good news from today’s Cost of Living figures.
Question Time: Ted O'Brien finds another rake to step on, explained in 3 charts
The Shadow Treasurer, who you would think would have an easy day given the RBA decided not to cut interest rates, unfortunately keeps finding a rake to step on.
Reserve Bank holds interest rates at 3.6%
The Reserve Bank of Australia has again chosen to hold the cash rate at 3.6 per cent.
Australia Last? Australia’s Resources Minister puts Japan ahead of Australians on gas and electricity prices
Despite our enormous energy reserves, Australian households are paying higher prices for electricity than Japanese consumers according to new analysis released today by the Australia Institute.
Latest data shows housing becoming less affordable
Since the Federal Election, which was fought on who could make housing more affordable, housing has become even less affordable.
