Politicians talking budget deficits have a difficult message to sell.
National governments do not, and should not, behave like a private household.
Incoming RBA Governor Philip Lowe appeared before the House Standing Committee on Economics this week.
The odds are the Fed will raise rates once and the RBA will cut once before the end of the year.
Money is cheap right now, so where are the returns?
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Australia needs to change its national accounting system to be more like the private sector.
Australia is one of a small number of countries that enjoy a AAA rating.
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Ratings agency S&P seems unconvinced of the Australian government's ability to reduce the budget deficit.
The budget repair necessary to keep Australia’s AAA credit rating seems even less likely after the election.
Budget repair seems even less plausible after this election and this is the main risk to Australia's AAA credit rating.
Rousseff faces her biggest trial.
Rousseff is about to go on trial for allegedly borrowing $11 billion to fund social programs and conceal a budget deficit. Why is that a crime?
Recent budgets have all failed spectacularly at achieving debt targets.
Yet another budget making claims of a gradual decline in government debt. But the credit rating agencies want us to keep these promises - or else.
Everyone wants to believe in unicorns…
They're the lines you sometimes hear before or after budgets from governments and commentators of all persuasions. The problem is they go against reality.
Ratings agency Moody’s is worried about the trajectory of Australia’s government debt.
This week the IMF warns of secular stagnation while Moody's ponders a credit downgrade for Australia if GST and negative gearing are not tackled.
Mozambique needs to prioritise labour-intensive sectors, including agriculture.
Economic growth forecasts for Mozambique are being revised down. The country needs to safeguard economic stability by taking steps to break with the past.
In-out, in-out, shake it all about.
The credit-ratings agencies are already circling to cut the UK's grade if it votes to leave the EU. Here's how their calculations work, and what we should do about it.
Greek Finance Minister Euclid Tsakalotos and IMF head Christine Lagarde.
Greece can learn a lot from Africa's 1980s and 1990s experience of living with structural adjustment (austerity). The damage has been long-lasting – not only on economies, but also directly on people.
Queensland Treasurer Curtis Pitt has found a way for the state to dodge its growing debt.
Austerity was never really an option for the Queensland Labor government's first budget, and its move to shift debt make sense.
State-owned companies such as the power utility Eskom are a drain on the economy
After a decade of narrowing fiscal deficits, South Africa has borrowed heavily since 2009 to support the economy. The debt pile exposes the country to the risk of a sell-off by foreign bond holders
Your simple guide to the budget deficit, how the money will be spent and the savings measures we can expect in the years ahead.
The Australian government needs to be concerned about our rising debt levels.
In the latest in our Budget Explainer series, Mark Crosby explains debt and deficit and where Australia stands.
In times of market jitters, investors flock to “safe-haven” investments like government bonds.
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Uncertainty about economic growth is driving record low long-term government bond yields, but there's more to the story.
Prime Minister Tony Abbott and Treasurer Joe Hockey need to align their budget narrative.
Until government leaders acknowledge Australia's structural deficit and stop obsessing about debt, voters will be left frustrated.
A friendly reminder.
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Despite its tendency to provoke anxiety-inducing debates in Congress and government shutdowns, the high level of US IOUs isn't a big deal.
Selling reform to voters has proven challenging for the Prime Minister, but there are alternative options.
The move to challenge the leadership of Prime Minister Tony Abbott, coming soon after the shock Queensland election outcome, has in some quarters been blamed on a lack of appetite for reform on the part…