Economic slowdown music to the ears of Reserve Bank
Current data shows economy will continue to grow, but only moderately, which will control rate of inflation.
Current data shows economy will continue to grow, but only moderately, which will control rate of inflation.
Productivity Fund may not win votes but premier says it is "worth a crack" to invest in state's future prosperity.
Changes pass though the lower house in just two days but now the Senate will debate them this month.
Changes to negative gearing, capital gains tax and trusts have not raised Treasury's assumption that productivity will grow at 1.2 per cent in the medium term.
The OECD expects Australia's economic growth rate to slow to 1.8 per cent in 2027, which might require the Reserve Bank to lower interest rates.
A state premier has proposed new laws with the goal of making building and financing modular homes easier.
A state government is set to deliver a belt-tightening budget that cuts jobs and limits spending, as it focuses on reducing its ballooning debt burden.
Reserve Bank officials will respond to economic growth figures and a home price slowdown as they front a parliamentary hearing on Thursday.
Treasurer is unlikely to offer any 'goodies' as his budget tries to contain any potential of a 'debt spiral'
Tasmanian premier wants to fast-track legislation to ensure people 'can access secure and affordable housing'.