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13. Australian Economy. Administered price inflation RBA’s problem and solution. 14 hours ago. 1. Australian Property. Victorian government exposed for housing hypocrisy. 14 hours ago. 6.
The Australian Dream is dead - MacroBusiness
1 day ago · In 1981, over 55% of Australians aged 25 to 29 owned a home. Four decades later, there has been a dramatic reduction to slightly more than 35%. The gap narrows as you progress up the age groups ...
Good news for RBA and inflation - MacroBusiness
19 hours ago · The Reserve Bank of Australia (RBA) ‘s interest rate decision last week was undeniably “hawkish”. The RBA explicitly stated that “underlying inflation is too high” at 3.5% and admitted ...
Australian economy hamstrung by bureaucratic bloat
2 days ago · Even so, the states comprised 77% of public sector employment in 2023-24, numbering more than 1.9 million workers. This reflects their primary responsibility for front-line service delivery.
Australian economy caught in productivity ‘catch-22’
6 days ago · Australia is now caught in a productivity ‘catch-22’ as the federal government has committed to permanently high population growth via strong net overseas migration. We have seen the ...
Rising cost-of-living drowns Australian workers - MacroBusiness
5 days ago · In the nine quarters since June 2022, cost-of-living for employee households rose by 19.2%, versus a 12.1% increase for Age Pensioner households, an 11.8% rise for Pensioner and beneficiary ...
Why Australia's rental crisis is finally easing - MacroBusiness
6 days ago · Subscribe. The Reserve Bank of Australia’s (RBA) November Statement of Monetary Policy (SoMP), released on Tuesday, stated that Australian housing prices had risen despite higher interest rates ...
RBA: "underlying inflation remains too high" - MacroBusiness
Nov 5, 2024 · The Reserve Bank of Australia (RBA) has categorically ruled-out rate cuts in the short-term, noting in Tuesday’s monetary policy statement that “underlying inflation is too high” and that ...
Australian economy to remain productivity challenged
Oct 30, 2024 · Subscribe. Westpac economist Pat Bustamante has released a detailed report on the 2023-24 annual national accounts, which showed that the economy grew by 1.4% over the year. Bustamante notes that ...
Are the Australian economy and federal budget sustainable?
Oct 25, 2024 · Much has been written about how Australia’s labour market and economy are being underpinned by record government spending, which hit 27.3% of GDP in Q2 2024 and is projected to continue rising.