Economists and financial markets believe a quarter percentage point cut in May,worth $100 a month to repayments on a $600,000 mortgage,is all but a done deal due to the latest ABS figures.
Whoever wins on Saturday faces budget deficits as far as the eye can see. Peter Dutton faces tough choices to meet his promises and cut spending.
A wall of consumer goods once sold from China to the US could be dumped on other markets such as Australia.
The world’s traditional havens in times of stress have themselves become sources of stress.
Both leaders will use their campaign launches to unveil $10 billion policies,which also include a Labor plan to allow most first home buyers to enter the market with a 5 per cent deposit.
Retail prices have soared as international cocoa producers are rocked by bad weather.
Fed chair Jerome Powell has,not for the first time,found himself between a rock and a hard place. It didn’t have to be like this.
What matters most is the indirect effect on Australia from Trump’s attempts to start a trade war with the other big economies.
The opposition leader’s question is so seductive to people who don’t follow politics and the economy,and don’t want to use their grey matter.
Labor will urge the workplace regulator to order a real increase in pay for 2.6 million workers after the RBA chose to keep interest rates on hold.