In an interview with Capital Brief, the treasurer says he's confident his spending decisions can both tackle inflation and offer cost-of-living relief.
Economy
Katy Gallagher tells Capital Brief this year’s budget has been the most difficult yet because of the competing challenges of inflation, cost of living and slowing growth.
Anthony Albanese may well have been expecting rate cuts to pave the way for his election run-in. But with inflation still running hot, economists are now bandying about the possibility of a rate rise instead.
The Reserve Bank has decided to stand still. But it's conscious the federal government is about to hand down its budget.
Many are undoubtedly doing it tough in the face of cost-of-living pressures, but ANZ CEO Shayne Elliott says it's less likely to be those with mortgages than others who can't access finance from banks.
Cameron Murray is increasingly known for opposing the mainstream on key economic issues - ranging from superannuation, to nuclear, and now the government's embrace of industry policy.
For those wanting rate cuts sooner rather than later, retail data this week is a glimmer of hope. But if rates are kept high for too long, economists think more businesses will go bust.
The federal Treasurer is set to deliver a full-throated defence of the government's controversial industry policy and hit back at 'nostalgist' critics of the approach.
It's possibly the biggest ever injection of Australian taxpayer funds into a startup. But will the Albanese government's $940 million quantum computing bet pay off?
Today's surprise inflation figures have pushed back rate cut forecasts, with some economists now even saying another hike can't be ruled out.
An analysis of the C-Suite at Australia's biggest listed companies shows the country is following a global trend.
Mark Wooden has spent decades deep in economic research. He is worried about where Australia is heading.
Economists are waiting on fresh inflation figures next week but are already pushing back expectations on when the Reserve Bank will start to cut rates.