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Friday, July 01, 2022

Sky-high mortgages, 7.1% inflation, and a 20% chance of recession. How the Conversation’s panel sees the year ahead

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Homeowners will face mortgage rates near 5.5% in a little over a year, according to a survey of 22 leading Australian economists. The Conv...
Wednesday, June 29, 2022

Australians are more millennial, multilingual and less religious: what the census reveals

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Census data to be released Tuesday shows Australia changing rapidly before COVID, gaining an extra one million residents from overseas in t...
Wednesday, June 15, 2022

Australia already has a UK-style windfall profits tax on gas – but we’ll give away tens of billions of dollars unless we fix it soon

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The really bizarre thing about calls for a UK-style windfall profits tax on gas is that Australia’s already got one. Gas prices have soar...
Wednesday, June 08, 2022

Expect the RBA to go easy on interest rate hikes from now on – we can’t afford rates to climb as steeply as the market expects

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By lifting its cash rate by 0.5 points, from 0.35% to 0.85%, the Reserve Bank has added about another $120 per month in payments for a A$50...
Wednesday, June 01, 2022

Australia’s biggest economic threat isn’t home-grown. It’s a recession, originating in the United States

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A recession in the US usually brings on a recession in the rest of the world, although not always in Australia. Australia has escaped such...
Wednesday, May 25, 2022

Lifting the minimum wage isn’t reckless – it’s what low earners need

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Stand by for something “ reckless and dangerous ”. That’s what former prime minister Scott Morrison said Prime Minister Anthony Albanese w...
Wednesday, May 18, 2022

Elections used to be about costings. Here’s what changed

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The last week of campaigns used to be frantic, behind the scenes. In public, right up until the final week, the leaders would make all sort...
Wednesday, May 11, 2022

Stand by for the oddly designed Stage 3 tax cut that will send middle earners backwards and give high earners thousands

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The Reserve Bank is pushing up interest rates to take money out of our hands. The first increase in the current round will add about A$...
Wednesday, May 04, 2022

Why the RBA should go easy on interest rate hikes: inflation may already be retreating and going too hard risks a recession

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One of the stranger things about the Reserve Bank’s announcement of why it’s lifting interest rates by 0.25 percentage points is that it s...
Wednesday, April 27, 2022

The 4 economic wildcards between now and election day

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There are four economic wildcards between now and the election, and we know exactly when each will be played. The first is...
Wednesday, April 20, 2022

This model tipped the last 2 elections. It’s pointing to a Coalition win

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This election will be won by the Coalition and Prime Minister Scott Morrison if the economic models perform as expected – and...