
Jobless rate ticks higher to 3.7 per cent in October
The official jobless rate lifted 0.2 percentage points to 3.7 per cent last month, as widely anticipated. A larger-than-expected 55,000 jobs were...

Highest quarterly wage growth on record
Hotel and hospitality workers have led the way as wages enjoyed the strongest quarter of growth in the 26-year history of the...

Consumer confidence tumbles after rate hike
The latest rise in interest rates has knocked consumer confidence around again after showing some signs of optimism in recent months. The Westpac and...

Goalposts for full employment likely shifting: RBA
Australia can sustain a lower jobless rate than it has in the past few decades without pushing up inflation, the Reserve Bank...

IMF urges higher interest rates to control inflation
The International Monetary Fund has urged Australia’s central bank to keep lifting interest rates to bring inflation down faster. Consumer price growth...

Housing rebound eyes new mark but rates threat looms
Australia’s housing market is about to sail past its previous record high though the possibility of another cash rate lift and an...

Politics, media and psychology thwarting tax reform: Grattan Institute chief
Everything from multimillion-dollar public campaigns to human psychology are to blame for Australia’s scarred track record on tax reform. Grattan Institute chief...

Consumer confidence sinks following hot inflation data
Consumer confidence has taken a hit from higher-than-expected inflation data that stoked speculation of a Melbourne Cup day interest rate hike. The...

Australia’s tax system not fit for ageing population
A major global economic institution has urged Australia to look for other ways to raise revenue than forcing a shrinking pool of...

Heated inflation figures put rate hike firmly in play
The latest inflation data has come in hotter than expected and may stir the Reserve Bank into a Melbourne Cup Day rate...