Australian Economy

Australia’s labour market has been gradually softening over the past year.

The vicious Guinean junta knows how to run a resource economy better than we do.

By Lucinda Jerogin, Associate Economist at CBA The unemployment rate fell to 4.3% in October from 4.5% in September.

In the second last line of the RBA’s exhaustive forecasts out to December 2027 was their projection for real wage growth in year-on-year terms at 6-month intervals.

Why are wrongful dismissal claims soaring?…Everyone has a theory.

Amid the frenzy of economists calling rate holds and hikes, Westpac is making the most sense today.

Irina Slav from OilPrice.com summarised Wood Mackenzie’s Energy Transition Outlook 2025-26 as follows: Global demand for crude oil is projected to continue increasing until at least 2032, indicating that the world is significantly off track in meeting its Paris Agreement goals.

Spinning lies and propaganda is an Australian politician’s modus operandi.

JPM on the AI data centre rollout.

The NAB survey was out yesterday and showed ongoing disinflation in all cost inputs.

The Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy (SoMP) revised its medium-term unemployment rate forecast to 4.4%, up from 4.3%.

Westpac says boom.. Westpac-Melbourne Institute Consumer Sentiment Index surges 12.8% to 103.8. First positive read since early 2022 and a seven-year high (excl. COVID period).

In January 2003, the day before the Canberra bushfires struck, I left Melbourne with my now-wife to commence working as a graduate economist at the Australian Treasury.

In the ongoing debate surrounding the Australian economy, there have always been and will continue to be defenders of the current economic strategy, whatever it may be.

Sydney’s small businesses are built tougher than a lock forward, but the economy’s playing a longer game.

Last week, I reported an AFR analysis of 16 financial reports from federal agencies, which revealed that 14 had unbudgeted increases in staff expenses totaling $841 million.

Like other advanced nations, Australia is facing pressures from an ageing population.

By Harry Ottley, economist at CBA: The RBA left the cash rate on hold at 3.60% as widely expected.The post-meeting communication was not quite as hawkish as we had expected.

The Reserve Bank of Australia (RBA) released its Statement of Monetary Policy (SoMP) this week, which revised its medium-term unemployment rate forecast to 4.4%, up from 4.3%.

The Deloitte Investment Monitor for the September quarter is out.

A new study, entitled “Perverse policy incentives and inferior economic outcomes” has exposed the failings of Australia’s migration system, particularly the student visa system.

Earlier this month, Prime Minister Anthony Albanese was interviewed by The Australian, during which he was questioned about his plan for “Universal Childcare”.