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Economy

Underlying inflation is ‘very bad news for households

Mortgage holders could be hit by five more interest rate hikes before Christmas if there is no resolution to the Iran war soon. Data released by the Australian Bureau of Statistics on Thursday showed the nation’s labour market was still in good shape, with the unemployment rate holding steady at 4.3 per cent in March.

3 min read

Economy

Economic inequality straining our democracy

MPs need to represent the people better and foster a greater sense of inclusion to safeguard democracy, which is under strain, the Grattan Institute says.

2 min read

Economy

Strait closure: world economy counts cost

The economic costs of conflict are greater than severe natural disasters and can leave scars that last for a decade, the world’s “financial firefighter” says.

3 min read