Today
- Exclusive
- Legal industry
Why this barrister quit and now runs the Grattan Institute
A decade ago, Aruna Sathanapally was on track to be a judge, or at least a senior counsel at the NSW Bar.
- Ronald Mizen
This Month
- Opinion
- Opinion
Can our prosperity survive a year of political madness?
Public policy is now swinging in the populist wind. And it’s hard to imagine the election of a government that can rationally take back control of it all.
- Michael Stutchbury
- Opinion
- Opinion
RBA returns serve on inflation
The RBA’s take down of government spending is reverberating loudly in Canberra and can only undermine Labor’s key argument that its fiscal policy complements monetary policy.
- Jennifer Hewett
Rising costs hit Mirvac margins, new homes
Property developer Mirvac blamed the steep rise in labour and material costs for halving its profit margins on some residential projects, triggering a 13 per cent fall in operating earnings this year.
- Michael Read and Nick Lenaghan
- Updated
- Interest rates
Chalmers’ rebates not helping inflation, RBA warns
Federal and state government energy bill subsidies will not help get inflation under control, and big-spending public sector budgets are making it worse, the bank says.
- Updated
- Michael Read
- Opinion
- Opinion
Future Made in Australia is already running off the rails
The Albanese government has fallen into the trap of trying to achieve political wins at high economic cost. And nobody is stopping them.
- John Kehoe
- Opinion
- Chanticleer
RBA is in no place to comfort fearful investors
The reality of Australia’s inflation problem means Michele Bullock has little room to encourage investors’ flagging animal spirits.
- Updated
- James Thomson
- Opinion
- Chanticleer
Why did the sharemarket run so hard in the first place?
There was a fragility about last week’s record high that made this sell-off inevitable. How long it lasts is the main game. It will be a tough week.
- Anthony Macdonald
AFR readers want RBA to hold, divided on saving Rex
Almost two-thirds of readers surveyed by The Australian Financial Review think the Reserve Bank of Australia should hold rates steady on Tuesday.
- Patrick Durkin
- Opinion
- Chanticleer
Why this economist says we’re all missing the biggest picture
Paul Donovan says central bank-obsessed investors are underestimating the huge structural changes being created by the fourth industrial revolution.
- James Thomson
The rate rise backers now calling for cuts
Economists have joined traders in dramatically revising their interest rate bets after the RBA’s preferred measure of price pressures eased to 3.9 per cent in the June quarter.
- Michael Read
- Opinion
- China relations
How China would work with Future Made in Australia
Chinese economic modernisation encompasses enormous potential for bilateral cooperation in emerging sectors such as green development and the digital economy.
- Xiao Qian
July
- Opinion
- Opinion
Inflation helps government dodge interest rate bullet
The June quarter figures were not good, but they also weren’t as bad as feared. That is likely to give the Reserve Bank breathing space to keep interest rates on hold next week.
- Jennifer Hewett
- Opinion
- Opinion
Australia can’t afford for economic security to trump trade in Asia
Economic diplomacy that builds interdependence with China in critical minerals and green energy will contribute to Australian prosperity and security, not detract from it.
- Shiro Armstrong
- Opinion
- Opinion
Why the Productivity Commission is wrong about green subsidies
The independent government agency has an outdated neoliberal mandate that needs an ESG makeover.
- Jeremy Cooper
- Opinion
- Chanticleer
Investors are asking the wrong questions on interest rates
From the RBA to the BoJ to the Fed, the market’s obsession with interest rates will go into overdrive this week. But it may be leading investors down the wrong path.
- James Thomson
‘Risks elevated’: APRA holds banks’ mortgage rate buffer at 3pc
APRA said an uncertain economy, geopolitical instability, high household debt and inflation remain key risks for banks, compelling it to keep the loan buffer intact.
- Updated
- James Eyers and Jonathan Shapiro
Construction collapses lead record insolvency year
It was the highest number of annual insolvencies recorded by ASIC since records dating back to 1999-2000 and surpassed the previous high at the tail end of the global financial crisis.
- John Kehoe
Inflation to test RBA’s interest rate strategy – and credibility
Consumer price figures this week are expected to show inflation has overshot the Reserve Bank’s forecasts for nine of the past 12 months.
- John Kehoe
Saul Eslake’s one-man mission to undo the GST deal – and make WA pay
The Tasmanian economist has drawn the ire of an entire state with his campaign to reverse “the worst public policy decision of the 21st century”.
- Myriam Robin
