Topic: Economics

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Budget 2021-22: Setting the Scene

Last year brought Australia’s first Pandemic Budget. A few days beforehand, the Prime Minister had described it as ‘arguably one of the most important, if not the most important since the...

RBA sticks with status quo as budget day approaches

At its 4 May meeting the RBA again left all of its key policy settings unchanged despite flagging new and more optimistic forecasts for growth and unemployment. It also promised decisions on its yiel...

Labour shortages rise dramatically

289,000 job vacancies as of February 2021 — a 27 per cent rise since February 2020.

Are there rising risks of higher inflation?

Will short-term inflationary pressures lead to sustained price increases and the end of low inflation? AICD chief economist Mark Thirlwell weighs up the risks.

Tips for socially responsible investing

The Reef Credit Scheme, founded by GreenCollar's James Schultz and Lewis Tyndall, improves water quality and protects the Great Barrier Reef while allowing companies to offset carbon.

The power of strategic thinking

The Bill & Melinda Gates Foundation's director of agriculture, Nick Austin, explains how a sound strategic plan can lead to transformational change.

Underlying inflation falls to record low

Australia’s consumer price index (CPI) rose 0.6 per cent over the March quarter to be up just 1.1 per cent in annual terms. The annual rate of underlying inflation fell to a record low of 1.1 per cen...

March retail sales buoyed by state exits from lockdown

Retail turnover rose 1.4 per cent over the month in March, boosted by growth in Victoria and Western Australia after both states had exited from February lockdowns. Minutes from the RBA’s 6 April mee...

Record highs for jobs, business conditions, consumer sentiment at 11-year high

According to the monthly NAB survey, business conditions hit a record high in March, underpinned by record highs for trading conditions, profitability and employment. In March Labour Force figures ann...

RBA unmoved as housing market surges

At its meeting this week the RBA acknowledged the strength of Australia’s recovery but decided once again to leave all its major policy settings unchanged and continued to predict no change to t...
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