Economy

HomeEconomy

Couple managing the debt unable to pay out loans

Albanese uses big majority to ignore missing mandate

By Michelle Grattan The tilt of this budget was, when you think about it, predictable. The Albanese government has used the first budget of its second term to do what

A workable budget but with significant risks

By Stephen Bartos This year’s budget combines fiscal policy – taxes and spending – with a heavy focus on better regulation. The budget deficit has fallen slightly

Federal Budget addresses world ‘throwing a lot at us’

The Federal Government has released its 2026-27 budget, complete with changes to Capital Gains Tax and Negative Gearing and cuts to the NDIS. Below is a summary of the

Wage growth steady despite inflation blow-outs

Wages growth is remaining steady in Australia despite growing inflationary pressure and geopolitical uncertainty. The latest CommBank Wage Insights series, released this

Two-thirds of migrant employees are being underpaid

A new study has exposed chronic underpayment of migrant workers with two-thirds being paid below award rates and 36 percent below the minimum wage. This amounts to an

RBA sends clear but uncomfortable signal to households

By Stella Huangfu The Reserve Bank of Australia (RBA) has lifted the official cash rate by another 25 basis points, the third hike this year as it struggles to keep

Queensland home ownership falls to historically low levels

By Shane Rodgers Queensland has one of the nation’s lowest levels of home ownership in a market grappling with cost pressures, mismatched supply and low rental

Families hit again on interest rates in shaky economy

By Shane Rodgers The Reserve Bank is continuing to use interest rates as a blunt instrument against inflation, lifting the cash rate target by another 25 basis points

Australia’s inflation moves into danger zone

Australia’s inflation struggles are continuing with the Consumer Price Index rising 4.6 percent in the year to March off the back of fuel cost blowouts. The annual

Plenty of risks in negative gearing rent reforms

By Rachel Ong ViforJ In the lead-up to the May federal budget – now just a fortnight away – Treasurer Jim Chalmers has left the door open to winding back negative

Subscribe to our newsletter

Newsletter