Deep Dives
Why we may not be done with inflation
Interest rates have come down in Canada and the eurozone. When will Australia follow suit?
Inflation
Deep Dives
Inflation's bumpy landing
Australia's March quarter inflation figures came in above expectations. Especially worrying was the sticky services and non-tradables inflation, making rate cuts very unlikely this year. To fix inflation we desperately need fiscal policy to start working with monetary policy, rather than against it.
Deep Dives
Miles off the mark
Queensland's Premier Steven Miles appears to be out of his depth. Last week he called for RBA rate cuts, and announced reviews into supermarket pricing and homelessness. On Sunday he released a rental package that risks making the situation worse.
Deep Dives
When will interest rates start coming down?
I fired up my crystal ball and took a bit of a punt on this one. Well, not really, but if you're interested in my thinking on when the RBA might start cutting rates (hint: not anytime soon) then you should check it out.
Deep Dives
Inflation and Australia's cost-of-living crisis
I thought I'd kick the year off by commenting on perhaps the biggest issue facing the average Australian last year, and one that looks set to continue in 2024: inflation and the cost-of-living crisis. According to the ABS: "The rise in annual living costs for employee households
Inflation
Inflation's winners and losers
Who has fared the worst from the recent bout of inflation and ongoing cost of living crisis? It’s not who you might think from reading headline after headline about Australia’s rental crisis: “On average, households with a mortgage have experienced a significant decline in spare cash flows, unlike
Inflation
Nitpicking inflation
Australia’s rate of inflation – as measured by the Consumer Price Index, or CPI – “rose 1.2 per cent in the September 2023 quarter and 5.4 per cent annually, according to the latest data from the Australian Bureau of Statistics (ABS)”: “The most significant contributors to the rise in