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Economy

Political will needed to improve productivity, says Ai Group

Uncertainty abounds following US Supreme Court strikedown of Trump tariffs

The US Supreme Court has struck down US President Donald Trump’s signature tariff policy, finding he had illegally used emergency economic powers to impose tariffs at his will.

Debt stems from lack of fiscal discipline, tax reform needed
Australia’s multi-factor productivity fell in 2024–25, PC analysis finds

The Productivity Commission’s annual bulletin found Australia’s multi-factor productivity fell by 0.5 per cent in 2024–25, below the 20-year average of 0.4 per cent growth.

Aussie wages rise 3.4% year on year

The Australian Bureau of Statistics has found that the Wage Price Index in the December quarter 2025 has risen, with the public sector staying ahead of the private sector in wage growth.

Government basks in IMF praise as Coalition attacks Labor’s ‘addiction to spending’
UNSW professor appointed to the RBA board

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.

Risk leaders concerned about low economic growth for second straight quarter
Net cash flow tax would benefit smaller, high-investment firms, economist says

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

RBA rate hike reflects sluggish productivity, economists say

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.

RBA hands down February cash rate decision

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