A growing group of economists think the next RBA move will be down. But there is significant uncertainty as US President Donald Trump indicates a deal is close with Iran.
Economy
The prime minister has significantly sharpened his rhetoric against One Nation to convince the Labor support base the maverick party is no friend of battlers.
Governments keep promising to cut red tape, and sometimes they do. But the far harder job is changing the incentives that make regulation the easy answer.
The RBA has another week to contemplate the Middle East crisis as global counterparts make rate decisions.
Just 20% of tobacco sold in Australia is legal and nicotine use is on the rise. MPs from across the spectrum want sky high excise rates to be reconsidered.
Anthropic has finally granted Australia access to its most powerful AI model, but none of the nearly 40 companies and government agencies contacted by Capital Brief would confirm they had got it.
The collapse of a major buyers agency has sparked predictions of pain ahead for real estate agents and mortgage brokers as the market react swiftly to housing tax reforms.
The fallout from the collapse of a prominent national buyers agency continues, with liquidator Teneo saying it’s too early to say whether any money will be recovered.
The mining boom reshaped Australia’s economy. Some economists say data centre investment could be the next generational opportunity.
Optimism about the Australian economy has plummeted to record lows leaving top executives increasingly risk averse and preparing for a volatile 12 months.
Economists think this week’s National Accounts will show the economy held up in the March quarter, potentially due to booming data centre spending. But some are warning a slump is coming.
The Hawke-Keating era is remembered for consensus, but its most contentious reforms drew the kind of backlash facing the Albanese government today.
The online property advisory has placed itself in voluntary liquidation, with customers who paid thousands of dollars in upfront fees fearful they will be left stranded.
Treasury secretary Jenny Wilkinson said if the government veers away from its proposed reforms it would only cause ‘significant new distortions’ in the economy.
If every reform is treated as a betrayal, we risk preserving a tax system that is less fair, less efficient and less future-ready.
Australia could be staring down the barrel of an inflation shock concerningly similar to that seen post-pandemic.
