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ECONOMY

By Liam Garman

There’s no laughing at France – we’re next

Opinion: Markets have responded to France’s recent riots with shock not only because of the endless images of unbridled violence carried out on small business owners, but because France is a country that can no longer afford to buy internal peace. As Australians, we’ve long watched Europe’s fiscal troubles with...

Tags: News, Economy, france

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RBA unveils latest cash rate decision

ECONOMY • Carlos Tse

Following last week’s inflation jump, the latest interest rate decision has been unveiled by the RBA against the backdrop of its concern about stubbornly elevated inflation figures.

Another rate rise may be on the cards amid elevated inflation outlook, RBA says

ECONOMY • Charlie Tchetchenian

Reserve Bank of Australia (RBA) deputy governor Andrew Hauser has warned that the deteriorating inflation outlook and doubts about its eventual return to target could warrant another interest rate increase.

Tags: News, RBA, inflation, 232, 197

Finding the sweet spot for migration: A healthy the labour force, supporting population growth

ECONOMY • Carlos Tse

Migration’s impact on the economy and labour market is well in line with its impact on population growth, with one economist breaking down one of Australia’s hottest topics.

Final Budget Outcome confirms stubborn government spending highs amid falling deficit

ECONOMY • Carlos Tse

While the final federal budget deficit came in lower than forecasts, AMP has said that government spending remains a key concern, despite stronger-than-expected revenue.

AI boom to place upwards pressure on interest rates, economist warns

ECONOMY • Carlos Tse

The AI boom is expected to add further pressure on the construction labour market over the next six to 18 months and also drive interest rate increases, according to a chief economist.

Treasury commits to advising on tax system improvements in corporate plan

ECONOMY • Carlos Tse

In its latest corporate plan, Treasury has said that it will target equity, efficiency, and intergenerational fairness in its proposed major tax and spending reforms.

WA defends skewed GST distribution putting it $47bn in front

ECONOMY • Carlos Tse

The 2018 GST distribution model has faced scrutiny from all states bar its beneficiary, Western Australia, which has called itself the “economic powerhouse of the nation”.

RBA keeps rates on hold amid softer inflation data, declining house prices

ECONOMY • Miranda Brownlee

The RBA has decided to keep the cash rate target on hold at 4.35 per cent after the June Consumer Price Index (CPI) data came in below the RBA's expectations.

How ESUPERFUND uses technology to support SMSF administration

ECONOMY • ESUPERFUND

A look at how ESUPERFUND uses technology, integrated systems and specialist teams to support the administration and compliance requirements of SMSFs.

Experts question US tariff rationale as Australian businesses push for reversal

ECONOMY • Matthew Taylor

The US has raised tariffs on Australian imports from 10 per cent to 12.5 per cent, citing concerns over the lack of a US-style import ban on goods produced via forced labour.