Economy

The Reserve Bank of Australia (RBA) has confirmed that professor Bruce Preston has been appointed to its monetary policy board, commencing his five-year term on 1 March 2026.

Economic and artificial intelligence feature heavily in risk calculations for risk leaders, a new survey has shown.

Speaking to Accounting Times, economist Jason Nassios outlined the winners and losers of the Productivity Commission’s proposed net cash flow tax.

Industry economists say Tuesday’s rate hike reflected capacity constraints in the economy, and warned that reform would be necessary to boost growth without spurring inflation.

The Reserve Bank has delivered its highly anticipated February cash rate decision.

A property and legal tech firm has said that incoming AML/CTF laws could help curb housing price growth by stemming the flow of illicit money in the property sector.

The gender pay gap in Australia is costing the economy an estimated $1.26 billion a week in lost earnings, according to a new KPMG report.

Stubbornly high December quarter inflation has shifted the dial towards a rate hike at the RBA’s February monetary policy meeting next week, economists have warned.

As Australia’s productivity growth continues to lag and analysts worry about the economy’s ‘speed limit’, Deloitte has urged the government to commit to major reform – and fast.

RBA governor Michele Bullock has stood in solidarity with Federal Reserve chair Jerome Powell after the US DOJ launched an unprecedented investigation against him.