Australia has more to fear than most countries from a global trade and currency war. All eyes will be on the Reserve Bank governor Friday as he attempts to outline what might happen.
A bold government would have delivered stages one, two and three of the tax cuts at once. Boldness is what we need.
Donald Trump has had four of his nominations for the US Federal Reserve rejected. Now he has another two.
Australia can't afford to pick sides between the United States and China. That's a good thing.
Australia's treasury adopted a well-being framework well before New Zealand's much celebrated "well-being budget". Here's what happened to it.
The next set of instructions handed to the Reserve Bank will have to be realistic. That might mean a big adjustment.
Australia has two options to keep out of recession, neither of them easy. The government will have to abandon its determination to get the budget into surplus.
Any interest rate cut on Tuesday could be supercharged by another move to give borrowers more money to play with.
Combined, APRA and the Reserve Bank are about to give households on $150,000 up to $120,000 more borrowing power.
The state of budget-balance fetishism in Australia means political leaders promise to balance the budget, no matter what.