GDP
Opinion
For subscribers
Jury still out on how much more hip pocket pain coming our way
Australian households are paying the price for fixing an inflation problem they didn’t cause.
- by Ross Gittins
Latest
Analysis
Australian economy
There’s nothing average about our slice of the economic pie getting smaller
Australians are enduring another per capita recession. The treasurer says it’s average, but if it wasn’t for two things, the economy would be in big trouble.
- by Shane Wright
Opinion
Ageing
How to make sense of Treasury’s latest intergenerational report
Intergenerational reports are Treasury’s memo to the government of the day, saying things will have to change.
- by Ross Gittins
Opinion
Productivity
NSW Treasury kicks off the new realism: Productivity won’t be speeding up
Economists don’t know as much about what causes productivity improvement as they ought to.
- by Ross Gittins
Opinion
For subscribers
Can the RBA quash inflation without crashing the economy? It’s becoming unclear
The big squeeze on consumer spending is happening and growth is slowing. So why are interest rates rising?
- by Ross Gittins
Households using up savings as interest bills skyrocket
As data shows households are pulling back on spending, evidence has emerged the retail sector is already succumbing to recession.
- by Rachel Clun, Shane Wright and Millie Muroi
Analysis
Australian economy
The economic noise is getting louder, but right now the signal is clear
Every day, economists sort through data to read the direction of the economy. Currently, it shows people are reaching the end of their tether.
- by Shane Wright
Macquarie boss says immigration will shield Australia’s economy
Macquarie CEO Shemara Wikramanayake has welcomed the pick-up in immigration, saying it should help the economy be more resilient than peers.
- by Clancy Yeates
Opinion
For subscribers
Why economists keep getting it wrong, but never stop doing their sums
The economists’ great mission over the past 80 years has been to make economics more “rigorous” – more like physics – by expressing economic relationships in equations rather than diagrams or words.
- by Ross Gittins
Opinion
For subscribers
Lowe’s gamble: He’s got to know when to hold ’em
The economy is clearly slowing, so there’s now a big risk the Reserve Bank will overdo it with rate rises.
- by Ross Gittins
Opinion
Opinion
The hard times are coming for the Australian economy
It’s clear the economy’s already started slowing and there is more trouble ahead in 2023. Limiting the decline will be a tricky task for the government and the RBA.
- by Ross Gittins