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Economy

On Wednesday morning, Treasurer Jim Chalmers spoke with his US counterpart, Treasury secretary Scott Bessent, about the US-Australia economic relationship.

Monthly core CPI has fallen below the midpoint of the RBA’s 2–3 per cent target band, data from the ABS has shown.

Conflict in the Middle East could prompt the RBA to drop interest rates further than expected, KPMG has said.

Australian employers are embracing the challenge of managing a wide variety of generations in the workplace.

Global economic losses from droughts are set to worsen as climate change exacerbates dry spells, an OECD report has said.

Businesses across the world are being increasingly stalled by risk aversion, according to BDO’s recent annual Global Risk Landscape Report.

As Australia drops in international economic competitiveness rankings, a policy think tank has urged the government to streamline regulation and undertake tax reform.

Australians’ sense of safety and economic wellbeing has plummeted to 21-year lows amid rising global conflict and concerns about US stability, a Lowy Institute poll has found.

Consumer spending accelerated in May after a subdued start to the year, NAB economic data showed.

Coordinated climate action could underpin stronger global economic growth than a business-as-usual approach, new OECD modelling has found.

The Tax Office and Victoria Police have seized over $4.4 million worth of illicit tobacco as part of Operation Ocean.

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