Economy
Even if the US-Iran negotiations end up being successful, Australia still faces significant economic disruption.
Candidates in the Farrer by-election are calling for cuts to migration. But local employers say they need more foreign workers to help grow the economy.
An increasingly complex and costly regulatory environment is squeezing Australian small businesses, putting pressure on ambitions to boost productivity.
Andrew Hastie’s questioning of core Liberal Party beliefs hints at a looming rift as the Opposition faces a critical by-election 300km from Canberra.
Economists say Labor’s decision to cut fuel prices appears to be motivated by short-term political gain. The move risks driving up inflation in the longer-term.
The longer the conflict, the worse the economic outcomes.
Capital Brief has spent time on the ground in Farrer, as the race to replace Sussan Ley exposes fractures on the right — and disaffection with the major parties.
With fuel shortages biting and inflation lingering, Jim Chalmers is trying to project calm as Labor faces a test of its economic credibility.
Economists and industry widely welcomed the reform package in Robyn Denholm’s R&D review but cautioned the government not to make things more convoluted.
Australia is confronting a deepening fuel shock as oil markets reel, panic buying spreads and governments weigh how far they may need to go.
Australian economists have shifted their predictions quickly and dramatically with the conflict in the Middle East showing no signs of abating.