News
AI boom adding to inflation pressure but analysts point to economic payoff in "phase two" " Capital Brief
1+ hour, 36+ min ago (160+ words) AI boom adding to inflation pressure but analysts point to economic payoff in "phase two" Capital Brief The impact of AI on inflation is back in focus Here's what you need to know about the key economic data releases this…...
Money for nothing " Capital Brief
1+ day, 16+ hour ago (208+ words) Money for nothing Capital Brief It seems highly unlikely that Australian Treasurer Jim Chalmers has a cult following in Silicon Valley. But it was striking to hear a prominent US venture capitalist use eerily familiar arguments this week to make…...
Australia's growth problem will need more than tax tinkering to fix
1+ day, 18+ hour ago (154+ words) Australia has spent years relying on population growth, property wealth and commodity exports to keep the economy moving. Those engines are now losing serious momentum, and we need to think about what comes next. Deloitte Access Economics now expects the…...
Stocks rally as US, Iran agree to resume talks
1+ week, 5+ day ago (970+ words) Capital Brief...
Persistently weak" productivity growth making inflation fight more difficult: RBA
1+ week, 4+ day ago (344+ words) The news: The Reserve Bank of Australia's monetary policy board is concerned that "persistently weaker-than-expected productivity growth" could inhibit efforts to return inflation to the target band and remains alert to the potential need to lift the cash rate again....
Unemployment rate fell to 4. 4% in May
2+ week, 2+ day ago (342+ words) The news: The unemployment rate fell to 4. 4% in May, in line with the consensus expectation and lower than the 4. 5% in April, according to the latest data from the Australian Bureau of Statistics. In trend terms unemployment increased to 4. 4% from 4. 3% The…...
Australia's business productivity 12% below US: e61 Institute
3+ week, 3+ day ago (247+ words) The news: Australia's private sector productivity rate has fallen 12% below the US with almost the entire gap opening up since 2016, according to the latest research from e61 Institute. The context: The research found that almost all of the gap was concentrated…...
APRA sets expectations for preparedness against geopolitical shocks
3+ week, 3+ day ago (287+ words) The news: APRA has written to all banks, insurers and superannuation trustees setting minimum expectations for readiness against geopolitical shocks, the prudential regulator's chair John Lonsdale has told the Australian Banking Association's banking conference. The regulator will also "soon write…...
Falling home prices start to weigh on Australian household spending: CBA " Capital Brief
3+ week, 4+ day ago (339+ words) The news: Spending by Australian households returned to modest growth in May despite cost of living pressures, but falling home prices are beginning to weigh on spending, the Commonwealth Bank said. The numbers: The bank's Household Spending Insights Index, drawn…...
The RBA is expected to stay on hold, a US-Iran deal could be imminent. Is the rate hiking cycle over?
3+ week, 6+ day ago (109+ words) The Reserve Bank's monetary policy board will meet this week to determine its next interest rate decision. Economists have rapidly changed their expectations for 2026 and 2027. Here's what you need to know about the key economic data releases this week. The…...