‘Hawkish’ RBA open to more hikes after holding rates
Borrowers are on notice with the Reserve Bank signalling it won't shy away from raising interest rates if inflation comes in higher than forecast.
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Households could get paid under plan to price pollution
Australia could raise $35 billion a year by putting a price on pollution and help households and businesses by sharing the revenue, a report has found.
Economy shrugs off tariff turmoil to outperform peers
Central banks such as the RBA need to be wary of the risks of inflation kicking off again, which could trigger market sell-offs, a global economic body warns.
Trump uncertainty set to smash Australian economy
Australia is not following the "bouncing ball" of Donald Trump's daily shifts, the treasurer says, amid predictions of a bigger-than-expected economic hit.
Australia warned to get productive or be left behind
Fault lines are widening between economic performance of nations and a global body warns Australia risks being left behind if it fails to improve productivity.
EU grants Ukraine member talks but can’t agree on aid
European Union leaders have made a historic decision to open membership talks with Ukraine but opposition from Hungary has stymied a package of financial aid.
Global growth outlook slightly healthier, says IMF
The outlook for the global economy has improved marginally, with inflation likely past its peak and trending down over 2023 and 2024.
APEC marred by North Korea missile test
Another North Korean missile test has marred the opening of the APEC leaders' meeting in Bangkok.
EU boost for Kyiv, NATO warns of long war
Ukraine's EU prospects have bolstered Kyiv as it vows to prevail over Russia's invasion, but NATO warns the war could go on for years.