Australia’s economic growth has stalled following a series of interest rate rises while productivity has gone backwards, which could stop the Reserve Bank hiking rates any further.
The latest data is expected to show Australia's economic growth rate slowed even before the effects of interest rate hikes and the Iran war were fully felt.
EDITORIAL: Beyond the celebrations of the nation’s 100,000 lowest paid workers, there is a portent of gloomier times and a genuine fear this blunt instrument will strike a blow to our fragile, inflated economy.
AARON PATRICK: By granting an above-inflation pay increase to 2.7 million workers, the industrial umpire may trigger copycat demands that drive up inflation and interest rates.
Australia has posted its first trade deficit in almost a decade amid booming spending on data centres, a fuel shock and a stronger flow of foreign investment into the country.
THE ECONOMIST: Exxon’s reincorporation is one more feather in the state’s cowboy hat, as it looks to overtake California as the largest economy in America
THE ECONOMIST: Today’s grandparents inherited a continent rebuilding itself after war; they will pass on one in need of repair after the damage they helped wreak.
Q+A: Got help from the Australian government for your education, then headed off for a bright future and career overseas? You can’t hide from the tax man. What you need to know (and do) to avoid a monster bill.
Fights among beneficiaries of wills are rising. But parents of kids relying on an inheritance can take simple steps to avoid or minimise the chance of a dispute.