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Rate hike is risky business for a faltering economy

By Stella Huangfu The Reserve Bank of Australia has raised the cash rate to 4.6 percent from 4.35 percent, taking the key rate to its highest level since late 2011 as

Interest rates lifted to a 15-year high of 4.6%

The Reserve Bank board has lifted interest rates by another 25 basis points (0.25 percent) to 4.6 percent, the highest point in 15 years. It warned that it would not

China no longer easy pickings for exports and students

By Christoph Nedopil For decades, China’s market of 1.4 billion people and extraordinary economic growth gave Australian exporters seemingly endless opportunities. The

Unemployment rises as people reactivate job ambitions

People who were previously not looking for work started moving back into the workforce as the job market tightened in August. Seasonally adjusted unemployment rose to

Half of the workforce are overqualified for their jobs

By Inga Lass Close to half of Australians believe they have more education than their job requires, a dynamic that is associated with lower job and life satisfaction. A

World economy is mostly riding out oil shock

The global economy has come through the oil shock from the Middle East conflict better than expected but inflation continues to haunt the recovery. The OECD’s Interim

Surprising results from tax change modelling

By Nick Garvin and Elyse Dwyer The Federal Government’s tax reforms are the most significant changes for housing investors Australia has seen since 1999. From July 1,

New report forecasts a fraught, turbulent and aging world

By Michelle Grattan Artificial intelligence (AI) will be “a defining influence” on Australia’s economy over the next 40 years, according to the Intergenerational

Queensland takes Australia’s top economic crown

Queensland is the number one performing economy in Australia, coming out on top because of its strength in business, housing and labour market investment. The latest

Loosening jobs market curbs impact of minimum wage lift

An easing of Australia’s labour shortage has kept downward pressure on wages and prevented a blow-out from the minimum wage increase. The CommBank Wage and Labour

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