Economy
RBA holds rates as markets overreact to a blip, not an ongoing trend
In a decision that surprised no one, the RBA board left rates on hold in their last meeting of the year. The market’s expectations about what might happen to interest rates next year have been swinging around wildly in recent months. It has shifted from thinking there will be several cuts to now predicting increases.
Liberals twist RBA remarks to sell a false narrative on public spending
This week the Liberal Party shamefully misquoted the head of the Reserve Bank in a weak attempt to justify their criticism of government spending.
We built an illness system, not a health system. And we’re paying for it
Australia’s health system is beginning to resemble the US. We must change course
Weaker-than-expected GDP should end talk of budget cuts and rate hikes
Latest ABS data shows the economy is weaker than expected. Hopefully this will kill off talks of budget cuts and higher interest rates. Otherwise, the Australian economy could be in for a bumpy ride.
GDP figures show economy growing more slowly than expected
The economy grew more slowly than expected. In the September 2025 quarter economic growth was 0.4%, below forecasts of 0.7%. Growth over the last year was 2.1%.
Rebuilding after climate chaos 'creates jobs', but isn’t economic progress
Climate change will create jobs, but rebuilding what’s been destroyed is not progress.
House prices rise but Melbourne shows a way to improve affordability
The latest housing figures reveal that the in the September quarter the median price for a house in Brisbane surpassed $1million for the first time.
While the rest of the world rushes to hire US scientists that Trump has cut, Australia follows in his footsteps
"They’re choosing to do less science at the very time when we should be doing more science, when we’re talking about productivity.”
The AI boom has arrived in Australia
New economic figures show that the Information media and IT industries are growing at extraordinary rates
