News

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.

Are builders in trouble a scary glimpse of our future?

Are retailers, hospitality, tourist businesses and all those selling consumer discretionary goods and services experiencing the same issues about costs, labour supply and interest rates that are squeezing builders? If so, the RBA must be very careful about more rate rises.

Brace yourself for a frugal Christmas

Retailers bracing for a tight Christmas could mean rate rises are starting to work and no more rises are needed.

White collar worker undersupply bad for interest rate worriers

The biggest challenge to find workers is in the white-collar sector, where 50% of professions suffer a gross undersupply. This puts inflationary pressure on wages, which doesn’t help put the lid on rate rises.

When will the RBA stop scaring us with the threat of more rate rises?

1.57 million Australians are at risk of mortgage stress and the number of borrowers in the “extreme risk” category is at a record high. When will this mortgage misery end?

Is this new super tax a sign of things to come?

Is this new tax change set to be Treasurer Jim Chalmers’ first step in his goal to preserve savings in “an equitable and sustainable way”?

At last China’s playing fair on trade

It’s good to see China taking down its trade barriers against Australia, given how important the country is to our exports and jobs. But more needs to be done before China becomes the international citizen it should be.

The RBA’s not dumb enough to raise rates on that inflation number

Just when rate worriers were thinking the RBA was over with rate rises, along comes August’s inflation rise that has the media speculating more hikes could be ahead.

Hunt for more Qantas scalps goes to Senate today

There’s a lynch mob out there looking for necks to stretch and their target is the masterminds behind the huge $2.47 billion profit Qantas racked up. Chairman Richard Goyder and new CEO Vanessa Hudson will face a grilling for being accessories to the actions of former CEO Alan Joyce.

Albo’s Working Future policy helps welfare recipients but scares business

This proposed Working Future policy has rattled business and underlines Labor’s goal to make big unforgettable social and economic changes, which have businesses worried.

Shock news: EnergyAustralia accused of taking consumers for a ride

It’s great that regulators are cracking down on companies behaving badly but given what happened at Qantas concerning Alan Joyce and the board and the admissions of other big companies, do we have a corporate governance problem?

Albo's government is rolling in money — our money!

Amidst the rising cost of living, historically high interest rates and energy prices going through the roof, Treasurer Jim is laughing all the way to the Reserve bank that houses a big budget surplus!

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