News
Labor must fix our tax system. Anything less is economic destruction
2+ hour ago (661+ words) February 10, 2026 " 7:55pm Today, in Australia, people live in very different economic realities. One part of the community, the asset-rich "owners, have been experiencing soaring asset values and rising living standards. The other reality is that of the "earners, who rely on…...
Playing with fire: Trump’s unstable boom is a high-stakes experiment
1+ day, 2+ hour ago (1205+ words) All the levers of economic stimulus in America are pushed to the maximum, setting the conditions for torrid overheating and an unstable boom by the end of the year. Bank deregulation, credit expansion, a weaker dollar, lower interest rates, stealth…...
Brisbane now more expensive than Sydney for first-home buyers
2+ day, 10+ hour ago (222+ words) First-home buyers in Brisbane have been dealt another blow, with new data showing entry-level homes are now more expensive here than in Sydney. New figures from property data firm Foundit showed that while Sydney remained more expensive overall, Brisbane had…...
Bullock links government spending to rate hike as opposition hits out at Chalmers
4+ day, 1+ hour ago (902+ words) February 6, 2026 " 3:51pm Reserve Bank governor Michele Bullock has directly linked government spending to this week's decision to lift official interest rates, undermining Treasurer Jim Chalmers' efforts to distance himself from the nation's growing inflation pressures. During three hours of at times…...
Let’s not be lazy about it: the RBA can’t fix our inflation problem
4+ day, 10+ hour ago (903+ words) February 6, 2026 " 11:30am It's not the Reserve Bank's fault that interest rate rises hurt " or that they seem to cause more pain than gain for some people. Really, the bank is just trying to do what they're told: worry about the economy…...
Why half of Australia’s small businesses are considering shutting up shop
4+ day, 16+ hour ago (683+ words) February 6, 2026 " 5:01am Wander around the neighbourhood shopping strips and you'll likely find many empty stores and derelict shopfronts. Australia's small businesses are doing it tough. In November 2025, MYOB's Bi-Annual Business Monitor study of 1087 small-to-medium enterprises (SMEs) showed 80 per cent of those…...
Trump’s new man could spark a financial meltdown
5+ day, 9+ hour ago (1303+ words) February 5, 2026 " 11:58am President Donald Trump's nominee as the next chairman of the US Federal Reserve Board, Kevin Warsh, wants to shrink the bank's balance sheet significantly. That's not a riskless objective. Warsh believes that a smaller Fed balance sheet would help…...
Rate rise sparks government policy questions
6+ day, 2+ hour ago (38+ words) The new interest rate hike has raised questions about the federal government's fiscal policy. The new interest rate hike has raised questions about the federal government's fiscal policy. Updated February 4, 2026 " 7:54pm,first published 7:51pm...
One rate rise not enough to tame inflation with home buyers well ahead on mortgages
6+ day, 5+ hour ago (842+ words) February 4, 2026 " 3:59pm A single interest rate increase may not be enough for the Reserve Bank to bring inflation under control with an overwhelming majority of mortgage holders ahead on their loan and not facing an immediate increase to their repayments. As…...
Reserve Bank tipped to raise interest rates
1+ week, 15+ hour ago (44+ words) Mortgage holders are bracing for an expected interest rates hike today as MPs return to federal parliament. Mortgage holders are bracing for an expected interest rates hike today as MPs return to federal parliament. Updated February 3, 2026 " 5:58am,first published 5:56am...