RBA says economy ‘is going to shrink this quarter’
Economists predict interest rates to remain on hold for the rest of this year, with likely cuts to occur in 2027.
Economists predict interest rates to remain on hold for the rest of this year, with likely cuts to occur in 2027.
After three straight interest rate hikes, the Reserve Bank has opted to leave the official cash rate steady at 4.35 per cent, as predicted by economists.
Accountants are warning Labor's controversial tax reform will lead to "substantial compliance costs" on taxpayers, calling for legislative changes.
The Reserve Bank is unanimously expected to leave interest rates on hold but whether the next move up or down remains uncertain.
Less bang for students' buck at universities could funnel more school leavers into trades and help alleviate critical shortages, an inquiry has been told.
A top rating agency has reiterated its confidence in Australia's ability to pay its bills, while hinting at potential longer-term issues with its NDIS spending.
More homes went under the hammer last weekend but auction clearances still down year-on-year across the nation.
Tax expert says government's bid for tax neutrality 'will always get you more productivity'.
Expert says 'without a substantial increase in housing construction and rental stock, affordability pressures likely to persist'.
Important infrastructure to be unlocked as half of the funding to go to regional areas of the state.