Richard Holden explains why central banks can't deal with simultaneous low unemployment and inflation.
There are signs our frothy housing market, combined with rising interest rates, could have serious consequences for our economy, writes Richard Holden.
Data released this week in Australia and the United States showed continued strength – or at least a lack of weakness – in consumer spending and unemployment, writes Richard Holden.
The market welcomed statements from the US Federal Reserve and the RBA, but there isn't much to be happy about.
Large numbers of people and households would not be prepared or adequately supported in the event of a financial shock, finds a new report from Kristy Muir and Axelle Marjolin.
The US economy looks to be improving but Richard Holden warns that Australia is on shaky ground with low interest rates, high household debt and the Aussie dollar on the rise again.
Economic data is thin on the ground as central bankers converge on Jackson Hole for their annual meet and greet, writes Richard Holden.
Australia’s economic growth is unsurprisingly paltry, the RBA leaves the cash rate on hold, and Australians continue to eat away at their savings, writes Richard Holden.
Investor loans continue to rise, unemployment ticks down, wages growth remains distressingly low and consumers are unconvinced the budget will improve their financial situation, writes Richard Holden.
Given the lack of competition in the sector, it won’t be the banks’ shareholders who pay for the new $6 billion levy. It will be mortgage holders and other customers, writes Richard Holden.