Australian economy

Melbourne

More than good management and more than good luck, we've been blessed by delightfully fortunate timing.

Australia economy

The progress the Australian economy was making has been slowed or reversed, at exactly the wrong time.

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Australia's trend unemployment rate remained steady in April 2019 at 5.1%, according to the latest information released by the Australian Bureau of Statistics (ABS).

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Back in 2008, Australia got lucky. We are unlikely to get lucky again when the seemingly unending economic growth finally ends.

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The Reserve Bank's inflation target seems out of date in a world of ultra low inflation. So why is Governor Lowe persisting with it?

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Low inflation and painful wage growth mean the Reserve Bank has extended its freeze on interest rates for an almost unprecedented 18th straight meeting. 

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Data from Australia and overseas, inlcuding the fluctuations in the US stock market, point to a tricky balancing act for policy makers, writes Richard Holden.

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The odds are that we get through 2018 without war, mass capital flight, or a housing crash. But all the risks are medium probability, warns Richard Holden, and the consequences could be dire.

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Australia continues to see mixed signals across different aspects of the economic spectrum, writes Richard Holden.

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Richard Holden considers how Australia should navigate the current turbulent political and economic climate.

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