Landlords would be better off putting money into superannuation and tenants face some of the worst conditions in the developed world,new analysis has found.
Amid new forecasts suggesting the nation will slump into a per capita recession next year,RBA minutes showed board members weighing up conflicting signals about the economy’s strength.
Bob Johnston,RBA governor under Paul Keating and pivotal to some of the nation’s most important financial reforms,has died at the age of 98.
The Reserve Bank faces a clash of priorities over coming weeks:deal with banking turmoil in Europe and America,or drive down inflation?
Australians rushed into fixed-rate mortgages during COVID-19. The RBA believes this means it will take longer for higher interest rates to affect the economy.
Labor came under fire for not indexing their superannuation tax threshold,but will use modelling to show the Coalition’s own changes will affect triple the number of Australians.
As Australia embarks on a plan to build nuclear-powered submarines,a Productivity Commission review has found that in most cases we are better off not developing our own defence production capability.
The defence minister has rejected outright any suggestion Australia will not have control over its American-built Virginia-class submarines or made a quid pro quo deal with the US.
The OECD,despite warnings of a fragile global economy,believes interest rates will have to continue climbing in Australia to bring inflation under control.
Major changes in our schools,migration system,industrial relations and data use are needed if Australia is to lift its standard of living.
After revelations of how the pandemic-era superannuation early release policy was used,Jim Chalmers has vowed to protect retirement savings.