Yesterday
- Opinion
- The AFR View
RBA must show independence on material inflation risk
The Treasurer’s pre-emptive insistence makes it even more important that the new governor and her board actively demonstrate the central bank’s political independence.
- The AFR View
At this salon, services inflation is proving hard to trim
The average price of hairdressing and personal grooming services increased by 6.7 per cent last year. At one Sydney salon, it means a shampoo, cut and blow dry will cost $200 from next week.
- Ronald Mizen
- Opinion
- Chanticleer
What 680,000 toy cars tell you about interest rate pain
Woolworths CEO Brad Banducci says mortgagees and renters are hurting. But Wednesday’s inflation surprise leaves the RBA facing the prospect of lifting rates several times.
- Updated
- James Thomson
- Updated
- Interest rates
Chalmers resists RBA rates risks
Treasurer Jim Chalmers has resisted predictions from economists that strong inflation data will force the RBA to raise the cash rate up to two more times.
- Updated
- Michael Read
- Opinion
- Inflation
Inflation boosts chances of Cup Day interest rate rise
The jump in underlying inflation will be extremely hard for Michele Bullock to ignore as she tries to shore up the RBA’s credibility.
- John Kehoe
This Month
- Opinion
- The AFR View
Max Corden: Vale Australia’s prophet of prosperity
Max Corden established the intellectual, but then politically heretical, case for dismantling Australia’s protectionist tariff wall.
- The AFR View
Renters better off than in 2021: RBA’s Bullock
Strong income growth has shielded households without a mortgage from the worst of the cost-of-living crunch, the bank’s new governor says in her first speech.
- Michael Read and John Kehoe
Ballooning debt could ‘come to a head’: Hockey
The former treasurer and ambassador to Washington worries that lax, spendthrift populism could turn unsustainable debt burdens into a default crisis.
- Hans van Leeuwen
- Opinion
- Globalisation
Spurn trade, and make ourselves poorer
The world needs to update its ideas about free trade, not uproot them.
- Richard Holden
- Opinion
- Australian economy
Unsustainable US debt is now looming on the horizon
Neither Biden nor Trump will reassure bond investors that America can cure its spending habits in time to prevent a crisis.
- Sam Wylie
Bank of America pushes US rate rise to December
Hedging their call for another interest rate increase, economists at the bank said they see “meaningful risks that the Fed” could be done altogether.
- Timothy Moore
Rinehart changes Liontown’s game | Is Origin worth more? | Bullock’s oil price headache
In this week’s episode, James and Anthony look at two spicy takeover battles and celebrate the podcast’s first birthday with special guest Financial Review editor-in-chief, Michael Stutchbury.
- Opinion
- The AFR View
Vote yes for an aspirational Australian nation
The Voice referendum has once again shown traditional political parties unmoored from the electorate. That is a problem for our prosperity.
- The AFR View
Gen Z the ‘canary in the coal mine’ on job losses
A sharp rise in the number of unemployed Gen Zers show the jobs market is softening, presenting a challenge for the RBA as it assesses the need for another interest rate rise.
- Michael Read
- Analysis
- Inflation
Michele Bullock’s million-dollar inflation question
The straight-talking new RBA governor is putting on her best poker face to condition people into believing prices will be brought under control. Will she succeed?
- John Kehoe
‘Inflation is still too high’: Federal Reserve chairman
Jerome Powell said the “resilience” of both economic growth and the labour market “could warrant further tightening of monetary policy”.
- Updated
- Matthew Cranston
RBA’s $43b in losses put pressure on Chalmers for bailout
The RBA’s huge financial losses from its pandemic stimulus measures have sunk its balance sheet deeper into negative equity.
- John Kehoe
- Opinion
- The AFR View
Biden’s mission is to stop terrorism metastasising into regional war
The President is right to tell Israelis they must not copy America’s post-9/11 mistakes, driven by “all-consuming rage” that could ignite the region’s wider conflicts again.
- The AFR View
- Updated
- Jobs
Chalmers warns Mid-East conflict to drive inflation
The treasurer warns the crisis could further drive up oil prices, as economists predict inflation figures may trigger another interest rate rise.
- Updated
- Michael Read
- Opinion
- Chanticleer
War, house prices and Aussies with two jobs: big forces are colliding
Rising oil prices, higher bond yields and persistently high house prices are colliding with signs of economic pressure.
- James Thomson
