The economy is weak, but it isn’t a crisis. Treasury Secretary Steven Kennedy addresses Senators on Wednesday.
Treasury Secretary Steven Kennedy says its up to the Reserve Bank to boost the economy. In normal times, that's not his job.
Treasurer Josh Frydenberg and Finance Minister Mathias Cormann unveil a budget outcome as good as balanced on Thursday.
A big surplus will come. It should be saved for something important, not simply spent.
Some things went wrong and some things went right. The resulting current account surplus is neither good nor bad.
Australia is becoming more like the United States. Increasingly, we invest overseas. Our domestic economy is weak.
Reserve Bank Deputy Governor Guy Debelle, Governor Philip Lowe, and assistant governors Luci Ellis and Michele Bullock at Friday’s parliamentary hearing in Canberra.
The Reserve Bank's best case scenario is that its forecasts are wrong.
We are being sucked in to something Trump started.
Australia has more to fear than most countries from a global trade and currency war. All eyes will be on the Reserve Bank governor Friday as he attempts to outline what might happen.
If you’re going to stimulate the economy, it’s wise not to wait.
A bold government would have delivered stages one, two and three of the tax cuts at once. Boldness is what we need.
Jacqui Lambie with Centre Alliance senators, who threw their support behind the government’s $158 billion income tax cuts, guaranteeing the package will become law.
After a hectic first week for the new parliament, Michelle Grattan speaks with Deep Saini about Jacqui Lambie's role in helping pass the government's tax cuts, and a further cut to interest rates - now 1%.
Philip Lowe is grabbing a rare opportunity to push the floor under unemployment lower.
Philip Lowe is on the cusp of permanently changing Australia. He stands a good chance of being one of the best governors since the first, who ushered in the goal of full employment.
Two cuts in a row, and a good chance of more to come.
The Reserve Bank has cut the official interest rate to a new low of 1%, reflecting continuing concern over the slow economy.
Reserve Bank governor Philip Lowe will announce his rate decision at 2.30 pm eastern time onTuesday July 2.
By himself, Reserve Bank Governor Philip Lowe may not be able to keep us out of recession.
As uncertain as 2019-20 is, The Conversation’s team of 20 leading economists are in broad agreement that the outlook isn’t good. Scott Morrison and Treasurer Josh Frydenberg will also have to deal with the unexpected.
Wes Mountain/The Conversation
The Conversation's distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.
Road tested. Quantitative easing worked in the US, and can work even better here.
There's nothing unusual about quantitative easing. Our biggest mistake would be to be to wait.
Acting AFP Commissioner Neil Gaughan speaks to the media about the raid on the ABC.
Geoff Crisp speaks with Michelle Grattan about the week in politics.
Reserve Bank Governor Phi;lip Lowe will keep cutting rates until he has forced inflation up and unemployment down.
The Reserve Bank cut interest rates on Tuesday because we weren't spending or pushing up prices at the rate it wanted. On Wednesday we might find things are worse than it thought.
The prudential regulator has a history of doing too much, too late.
Combined, APRA and the Reserve Bank are about to give households on $150,000 up to $120,000 more borrowing power.
We can’t rely on consumer spending to keep us recession-free.
Expect two more interest rate cuts, but they mightn't be enough.
The case for cutting rates is strong, but there’s a stronger case for waiting. The Reserve Bank’s Sydney HQ.
The Reserve Bank has adjusted rates in previous election campaigns, but it needs to have a very, very, good reason.
The last time inflation was zero the Reserve Bank cut rates twice. It’ll get the chance on May 7.
Inflation has barely been within the Governor Philip Lowe's target band his entire time in office. Zero inflation means he should cut now, before the election.
Philip Lowe tells the Press Club on Wednesday there’s now an even-money chance rates will be cut.
Rates might need to be cut urgently, and because things are good. Governor Lowe has signalled he won't wait.
Economists expect the cash rate to remain steady for yet another year even though inflation is on the floor.
The Reserve Bank's inflation target seems out of date in a world of ultra low inflation. So why is Governor Lowe persisting with it?