Today
- Opinion
- Energy transition
We need overriding public interest test to break approval logjam
Australia has to look at the global impacts of green projects, not just local ones. The alternative might be stagnation, or worse.
- 8 mins ago
- Alan Finkel
Stop telling us what to do with interest rates: RBA deputy
Commentators telling the RBA to cut or raise rates are “false prophets” who could cause damage with their poor predictions, deputy governor Andrew Hauser warns.
- 1 hr ago
- Michael Read
- Opinion
- Monetary policy
Central banks need true transparency not fake consensus
The Bank of England isn’t afraid to advertise its differences. That is better for creating trust than the obsession with a united front at the US Fed.
- Mohamed El-Erian
Yesterday
‘Heartbreaking’: Melbourne stores bite the dust as workers stay home
Small-business owner Chelsea McIntosh has been forced to close down six out of seven gift shops she ran in Melbourne’s CBD as the retail sector has been rattled.
- Gus McCubbing
PM’s election slogan must be: Get productivity moving again
Readers’ letters on productivity; Labor’s Future Made in Australia policy; the Qantas board; the passing of Orica, Woodside director Gene Tilbrook; and Olympic breaking.
- Opinion
- Interest rates
Reserve Bank has finally taken the inflation crisis seriously
The consumer price index reading gave the RBA an out. Instead, governor Michele Bullock’s tough talk dumped cold water on a rate cut any time soon.
- Steven Hamilton
This Month
- Opinion
- The AFR View
Australia has its own secret Olympic recipe
The point can be stretched too far, but there is a line from our sporting success to our economic, social and cultural success.
- The AFR View
- Opinion
- Australian economy
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
RBA to cut rates three times next year
Economists expect the Reserve Bank of Australia will deliver its first post-pandemic interest rate cut in February 2025.
- Michael Read
- Analysis
- Interest rates
‘Hottest ticket since Cold Chisel’: Bullock returns home to Armidale
The RBA governor’s formative years helped make the country’s most high-profile economist a ‘tough’ leader.
- John Kehoe
- Opinion
- US recession
The Reserve Bank of Australia’s credibility is shot
The central bank’s hawkish pivot has no credibility given it is not willing to do the bare minimum and raise interest rates in line with global peers.
- Christopher Joye
‘I’ve had a gutful’ of factional squabbles: SA Liberal leader quits
The leader of the Liberal Party in South Australia, David Speirs, has angrily criticised internal factional squabbles as he resigned
- Simon Evans
- Opinion
- Australian economy
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
- Letters to the Editor
The RBA is not failing in its mission to keep inflation under control
Readers’ letters on the Reserve Bank and interest rates; bans on uranium mining; the future of a republic; smoke and mirrors in Victoria; challenges for private health companies; and marvellous maggots.
- Opinion
- Immigration
Populist surge makes it essential to spread gains of migration
Conflict over migration is now breaking out into the open in Western nations. But excessive limits would have a high cost too.
- Tanveer Ahmed
- Opinion
- Australian economy
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
- The AFR View
RBA holds prudent course on rates and inflation
Australia’s central bank is rightly refusing to take the soft option that would risk forcing it to confront less palatable choices later. The political debate needs to face up to this.
- The AFR View
- Opinion
- RBA
RBA warns rate cuts are a no-go this year
Why interest rates won’t come down this year after all. They might even go up.
- Jennifer Hewett
