Inflation, interest rates and booming mining royalties give the Morrison government scope to ignore the deficit daleks.
Prices tend to go up over time.
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Inflation has been low, but if the Fed isn't careful, keeping rates too low, too long could lead to runaway inflation.
CFA franc countries will no longer have to keep 50% of their foreign exchange reserves at the French Treasury.
The decision by eight Francophone states to delink their common currency from France won't be without challenges.
Despite a slowing economy, Josh Frydenberg says ‘you wouldn’t want to be in any other economy, other than Australia’.
Politics with Michelle Grattan: Treasurer Josh Frydenberg on a slowing economy
This week's June quarter national accounts showed the weakest economic growth since the GFC, but Treasurer Josh Frydenberg remains optimistic.
‘Avengers – inflate!’
Disney says the Marvel movie just beat 'Avatar' as the top-grossing movie of all time. Inflation tells a different story, as an economist explains.
Sometimes you have to look back to move forward.
AP Photo/Lefteris Pitarakis
US sanctions announced earlier this month may have triggered the plunge in the lira, but the government has been mismanaging Turkey's economy for years, creating severe vulnerabilities.
Selling a home can trigger capital gains.
The Trump administration is considering a change to how capital gains taxes are calculated that would save investors roughly $100 billion over a decade.
AP Photo/Danny Johnston
The unemployment rate is now at its lowest level in 17 years and is very close to a 50-year low. Does that mean we're at full employment?
Even the big, bad Wall Street bull is scared of inflation.
AP Photo/Richard Drew
While many market observers blame growing concerns about inflation for the stock market crash, the real culprit may be fears that the economy is about to slow.
Inflation may be a bull market’s greatest enemy.
AP Photo/Richard Drew
While many market observers blame the growing threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.
Inflation has been doggedly low, so it’s not clear that the 2.5% expectation for inflation is going to turn out to be right.
This week's strong growth in full-time employment shows a robust labour market. This only deepens the puzzle of why inflation is so low at the same time.
Fed Chair Janet Yellen speaks at a press conference following the rate-hike decision.
AP Photo/Susan Walsh
The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it's fairly confident the economic recovery will continue. Is it overconfident?
Stocks have their day.
The world's most famous stock index just broke 20,000 for the first time. Here's why it doesn't really matter.
Fed Chair Janet Yellen discusses the change in rates.
Alex Brandon/AP Photo
The Fed faces a tough choice on how fast to raise rates in 2017, and Donald Trump may find that it may spoil some of his plans.
With Australia cutting and the US raising rates the Australian dollar looks likely to fall.
All economic data is pointing to disappointing global growth.
There are some good reasons why the RBA should retain its flexibility in managing inflation.
Thousands of civil service employees gather during a protest march for higher pay at the Union Buildings in Pretoria in 2010.
South Africa's government should urgently announce a moratorium on civil service employment growth. The country has reached its upper limit in the number of civil servants that can be sustained.
Her hands may be folded, but Janet Yellen is far from inactive.
The Fed decided to hold its key interest rate at about zero, but that doesn't mean it did nothing.
Running the economy is a bit like running a race…
Jogger wall via www.shutterstock.com
My buddy is training for his third Chicago Marathon. I’m preparing for a 10K mud-run. He’s really fit and a family nurse practitioner, so I seek his advice on how to get in shape and what to eat. His advice…
The key indicators of the health of the economy are the unemployment rate, inflation rate and economic growth.
AAP Image/Julian Smith
The key economic indicators to look out for on budget night.