If former US Treasury Secretary Larry Summers is right, then the unmistakable implication is that the RBA should probably cut rates – perhaps twice – later this year, 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.
Uncertainty about energy prices and political dithering on company tax rates point to businesses waiting before investing heavily, while the shift to part-time employment continues in Australia, writes Richard Holden.
A generation – 25 years – of continuous economic growth in Australia, and some excellent central banking, has led to collective complacency, writes Richard Holden.
The Prime Minister is right to point out that the slowing Chinese economy is to blame for Australia's downturn. But his "end of the China boom" slogan only tells half the story, writes Geoffrey Garrett.
