Inflation

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A nation of “regulatory hairballs”: Productivity Commission chair Danielle Wood will argue it’s time to cure the nation’s addiction to red tape.

Australia needs to cough up its ‘regulatory hairballs’, declares PC boss

For the next three days, leaders will look at ways to lift living standards. The Productivity Commission says they should start with one area of reform.

  • Shane Wright

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Eggflation

Fewer takeaways, dearer eggs: How inflation hits your hip pocket

The inflation rate might be down, but the cost of living is still our biggest worry, and some prices have risen by 50 per cent in a few years, data reveals.

  • Matt Wade
US President Donald Trump is determined to put loyalists in key positions.

The door is open for Trump to create more chaos

The clock is ticking as Donald Trump gets set to make two key appointments that pose a serious risk to America’s economy.

  • Stephen Bartholomeusz
President Donald Trump and Saudi Crown Prince Mohammed bin Salman.

Trump dealt a blow as the world is flooded with oil

The OPEC+ oil cartel is trying to take back control of the market with a strategy that might be self-destructive. It also undermines a key plank of Donald Trump’s economic strategy.

  • Stephen Bartholomeusz
Trump

Welcome to Donald Trump’s dystopian world

There’s a quote in George Orwell’s 1984 that seems appropriate after Trump’s shocking move to fire the head of the US Bureau of Labor Statistics after she produced numbers he didn’t like.

  • Stephen Bartholomeusz
Inflation is now back in the 2 to 3 per cent target range.

If inflation is under control, why does your budget feel so stretched?

The numbers are pointing to the rate of price rises sitting at where the Reserve Bank wants it, but that doesn’t mean we get to see the benefits straight away.

  • Nicole Pedersen-McKinnon
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Jerome Powell is standing strong in the face of mounting pressure from Donald Trump

The man who isn’t listening to Trump’s ‘Golden Age’ story

Donald Trump is at boiling point as Fed chief Jerome Powell again ignores the president’s ferocious campaign for lower interest rates. But there was dissension on the board.

  • Stephen Bartholomeusz
Reserve Bank governor Michele Bullock will be under pressure to cut interest rates after the release of June quarter inflation figures on Wednesday morning.

Inflation hits four-year low – giving RBA no choice but to cut rates

The Reserve Bank was split on its decision to hold rates earlier this month. In two weeks, it will have no choice but to cut.

  • Shane Wright and Millie Muroi
The increase in international students was “just one of the many other forces at play” in the country’s inflation surge according to RBA economists.

International student surge probably contributed to post-pandemic inflation: RBA

International students spend twice as much as Australian residents and work fewer hours on average, but they were just one of many factors that fuelled inflation.

  • Millie Muroi
A fully-formed monthly inflation report will start from November, helping the Reserve Bank set interest rates.

Australia to finally get monthly insight into inflation pressures

From November, Australia will join the global norm and produce full monthly inflation reports to help guide the RBA

  • Shane Wright