Economy

Inflation is forecast to remain persistent in the coming months as rising petrol prices continue to move through the economy.

The government must treat the upcoming budget as more than just a crisis management exercise despite the challenging economic landscape, Deloitte Access Economics has warned.

Annual CPI climbed to its highest level in over two years in March, and trimmed mean inflation remained above the RBA’s target range.

Nearly 80 mid-market business leaders predict no growth in 2026 without any reform in the upcoming budget, KPMG research has revealed.

A prolonged oil shock could cost Australia’s economy $42 billion throughout 2026, modelling from EY has found.

The RBA deputy governor has highlighted the ‘three-bucket approach’ needed to address the supply shocks affecting the economy, emphasising that monetary policy is not a silver bullet.

Holistic tax reform and long-term productivity-boosting measures rank high on BDO experts' May budget wishlists.

The upcoming federal budget will focus on “resilience and economic reform”, with Australia facing higher inflation and slower growth as a result of the conflict in the Middle East.

The seasonally adjusted unemployment rate remained steady at 4.3 per cent in March 2026, data from the ABS has shown.

Business advocates around the country have highlighted the impacts businesses are facing from the Middle East conflict, with surveys revealing financial and solvency issues amid rapidly climbing overheads.