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Economy

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.

Tranche 2 AML/CTF laws could help ease house prices, InfoTrack says

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.

Gender pay gap set to take 25 years to close

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.

Hotter-than-expected December CPI tips odds towards Feb rate hike

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.

‘Can’t afford not to’: Deloitte urges government to commit to major reforms

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 stands in ‘full solidarity’ with US Federal Reserve amid DOJ investigation

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

Trump’s ‘unprecedented’ Federal Reserve investigation stokes further uncertainty

US President Donald Trump has launched an “unprecedented” investigation into US Federal Reserve chair Jerome Powell, compounding uncertainty for Australian investors in the US market.

Chalmers to showcase $1.2bn critical minerals reserve in strategic talks

Treasurer Jim Chalmers is set to talk up Australia’s critical mineral reserve as a geopolitical bargaining chip in a meeting with G7 counterparts this week in the US.