4+ hour, 21+ min ago  (602+ words) Inflation is forecast to remain persistent in the coming months as rising petrol prices continue to move through the economy. With the RBA releasing its cash rate decision today, Westpac and Comm Bank have weighed in on their predictions for…...

1+ day ago  (486+ words) The business lobby has urged the government to avoid raising taxes and impose fiscal discipline in this budget to shore up Australia's economy amid geopolitical turbulence. On Monday (4 May), the Business Council of Australia (BCA) called on the government to…...

1+ week, 8+ hour ago  (354+ words) A report authored by two former state premiers has proposed a new roadmap for tax reform based on an evaluation of the tax system over the past 25 years. Authors of a new tax reform report commissioned by Mc Kinnon, former…...

1+ week, 2+ day ago  (670+ words) Walking the narrow path that delivers both low inflation and low unemployment could become increasingly difficult for the Reserve Bank amid rising inflation pressures, KPMG's economists have warned. Inflation pressures, declining household consumption and flat productivity growth is likely to…...

1+ week, 6+ day ago  (700+ words) Ahead of this year's budget, a leading economist has said that Australia's tax system needs more than a few tweaks to address intergenerational equity and productivity concerns. AMP economist Shane Oliver (pictured) has called on the government to embark on…...

2+ week, 1+ day ago  (475+ words) The RBA deputy governor has highlighted the "three-bucket approach" needed to address the supply shocks affecting the economy, emphasising that monetary policy is not a silver bullet. With the unemployment rate rising to 4. 3 per cent in February from 4. 1 per cent…...

3+ week, 6+ day ago  (910+ words) Economists predict lingering inflation in 2026, followed by interest rate cuts in 2027, despite a two-week extension of the Strait of Hormuz opening. With the conflict in the Middle East hiking oil prices and causing ripple effects on the economy, economists rule…...

1+ mon, 3+ day ago  (803+ words) A prolonged conflict in the Middle East or the continued closure of the Strait of Hormuz would further intensify pressure on supply chains, the credit agency has warned. Creditor Watch has warned that climbing oil prices are causing substantial flow-on…...

1+ mon, 6+ day ago  (566+ words) The Productivity Commission has doubled down on its calls for government policy action after labour productivity continued to disappoint in the December 2025 quarter. The Productivity Commission (PC)s March 2026 quarterly productivity bulletin has revealed that Australias labour productivity has fallen…...

1+ mon, 1+ week ago  (503+ words) Insolvency rates for businesses overall have returned to long-run averages but remain elevated in certain industries, according to a report by the central bank. The Reserve Bank of Australia's latest Financial Stability Review indicates that total company insolvencies as a…...