Worse than 2007: productivity stat bad news for the RBA
Low productivity means Australia's economy is growing above its "speed limit", amplifying concerns the Reserve Bank will hike interest rates again.
Low productivity means Australia's economy is growing above its "speed limit", amplifying concerns the Reserve Bank will hike interest rates again.
The Iran war will hurt consumers by pushing up prices and slowing the economy but the Reserve Bank must act to contain inflation expectations, an official says.
Equities and commodities have whipsawed at the whims of erratic US trade policy but worrying signs are emerging in the plumbing that holds markets together.
Federal Treasurer Jim Chalmers says Australia is still well-placed to navigate the economic uncertainty generated by Donald Trump's wide-ranging tariffs.