News

Get ready for a rate rise on Cup Day, but could there be more?

RBA Governor Michele Bullock knows that excessive rate rises historically cause a recession and it’s why she shouldn’t even think of more rises.

Hockey bags over-entitled politicians as a cancer

Former Coalition Treasurer Joe Hockey told a London audience that modern day politicians were entitled populists and a cancer in the community. Is Hockey on the money?

Big spending state governments keeping inflation high

State premiers are spending like drunken sailors, which isn’t helpful for the fight against inflation and the related rising interest rates.

The human tragedy of Gaza and Israel brings economic pain

Qantas raising airfares puts more pressure on the hip pockets of those Australians already under cost-of-living strain.

Albo set to toast China dropping its huge tariff on Aussie wine

With the PM on the outer with his backbench and his constituency after his failed referendum, Beijing may be the political ally he has to have as Donald Trump hovers.

Odds firming for rate rise on Cup Day

The Reserve Bank’s good oil from the Board’s minutes says upcoming data will determine whether borrowers are winners or losers on Cup Day.

Earning shocks awaits 50% of males and 80% of women

A recent report has revealed that tough times are ahead for many workers, though some will surface better off than others.

Should politicians and companies be careful about supporting big social issues?

Does the PM and his government need to focus on bread-and-butter issues such as the cost of living, and big companies rethink their commitment to important social issues?

Big supermarkets are winning business from restaurants as rates bite

A recent survey shows the Reserve Bank’s interest rate policy is set to grinch the festive season, with owners of restaurants and cafes to feel the pinch the most.

Is the Albanese Government serious about beating inflation?

The RBA is doing its darndest to bring inflation down. Meanwhile the federal government is working against the inflation fight by increasing wages for migrant workers. Why is this so?

Virgin flying higher so when will it go public?

After 11 years of loss-making, Virgin Australia is now in the black but will the headwinds Qantas is copping delay its return to the stock market?

Hamas action has economic implications on inflation and rates

Just when oil prices were heading in the right direction to help beat inflation, along comes this terrible terrorist action by Hamas against Israel.

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