Economy
The Reserve Bank governor has provided a rare insight into the central bank's philosophy on regulating Australia's rapidly evolving payments industry.
Jim Chalmers says planned changes to Australia's $230 billion Future Fund won't affect performance. That makes them pointless, some economists say.
Jim Chalmers' plan to change the $230 billion fund's mandate to focus on national priorities like housing and net zero has divided economists and investors.
Comparing Australia to the rest of the world has been a somewhat useful strategy during the cost-of-living crisis — but it may not hold for much longer.
G20 leaders fell well short of their goals on poverty, climate change and the conflict in Ukraine, as the spectre of Donald Trump caused some to lose their nerve.
The RBA's minutes on Tuesday warned of a "wide range" of possible outcomes from the US election result. Right now, economists are just as uncertain.
It's less about data and more about dialogue for the economy this week.
As the IMF's Kristalina Georgieva spoke to all of the leaders at the APEC summit, the Australian prime minister was listening more attentively than others.
In a wide-ranging conversation with Capital Brief, the Reserve Bank deputy governor reflects on lessons from crisis, reform and his rocky start in Australia.
As he prepared to jet off to South America, Anthony Albanese also said Australia could play a role as a "trusted" middle power in convincing the US and China to avoid a trade war.
In an exclusive and wide-ranging interview, the RBA deputy governor said a broad range of outcomes were possible under a second Trump administration: “I don’t think we’re going into a Great Depression and I don’t think we’re going into a new dawn."
Jobs will be the focus following a busy week in geopolitics and central banking.
Trump's election win sent US equities soaring, but Australian investors seem much less certain that his return will be great for them.
At Senate estimates, RBA governor Michele Bullock sounded sceptical about the incoming US president's commitment to election promises like blanket tariffs.
The RBA governor wouldn't be drawn on what the US election result might mean for Australia's economy. But it's clear there will be an impact — for better or for worse.
It's a big week for the Australian and global economy, with interest rate decisions from the RBA and the Federal Reserve and US voters going to the polls in a toss-up presidential election.
