Highly respected economist joins RBA Board
Jim Chalmers says 'this appointment will help ensure the Board has the right mix of skills and perspectives'.
The policies shaping our future
Jim Chalmers says 'this appointment will help ensure the Board has the right mix of skills and perspectives'.
Leading property groups say 'there is explicit recognition of the importance of providing infrastructure to support new housing supply'.
Governor says 'main game here for us is excess capacity, a tight labour market, the Middle East conflict, the AI boom'.
The state government has unveiled a 20-year plan for Sydney it says will bring 800,00 new homes, 950,000 jobs that will keep pace with its budging population.
A collapse in property investor lending since the federal budget is good for the economy in the long term, the boss of the nation's biggest bank says.
A Liberal frontbencher has called on his party to slash the construction code, cut migration, tax big tech more and freeze the NDIS to fix Australia's malaise.
The cost of insurance is surging at nearly double the rate of inflation, Australia's biggest insurer says, after its profit was hammered by a stormy year.
RBA boss says 'continued weakness will constrain the economy's ability to grow without generating high inflation'.
CBA boss says economy is is faced with 'higher interest rates and inflation placing uneven pressure on household incomes'.
ANZ Bank says 'combination of restrictive interest rates, tax policy changes and global uncertainty have dampened sentiment'.