While the global economy is set to avoid a recession, the fallout from China’s toxic property sector and persistently high interest rates point to an…
Warning new rate hike looms as petrol soars
A jump in global oil prices risks worsening the cost of living crunch and derailing the Reserve Bank’s current path to bring inflation to a…
RBA issues inflation warning from global “shocks”
Global geopolitical shocks, including the escalating conflict between Israel and Hamas, risk keeping inflation higher for longer, Reserve Bank governor Michele Bullock has cautioned.
‘Dirty assets’: Outrage over mega mine deal
Environmentalists have reacted with fury to the news mining behemoth BHP will sell its Blackwater and Daunia coalmines in Central Queensland to NSW producer Whitehaven…
New country Australia is using to become rich
In the long history of bilateral ties between Australia and India, relations have generally been warm between the two nations. In more recent years, amid…
RBA releases salaries for key figures in annual report
The man who launched Australia’s crushing rate rise cycle pocketed more than $1m in his final year at the central bank.
‘Isn’t good enough’: Farrell threatens to walk on EU deal
Trade Minister Don Farrell has warned the state of a proposed trade agreement between Australia and the European Union “isn’t good enough” ahead of a…
‘No deal’: EU trade talks off the table
Trade Minister Don Farrell has rejected a free trade deal with Europe following an unresolved spat over greater market access for Australian farmers and a…
RBA puts bank bosses on notice
The Reserve Bank has warned banking bosses of their “ultimate responsibility” for managing the emerging and unprecedented threats to the nation’s financial system.
Big miner’s bold project to feed the world
Australia’s biggest miner has confirmed a further $7.7bn investment in a project designed to help feed the world’s booming population.