What does the budget say about the future of the economy?
Economics Latest News Politics

Inflation projected to be under control by end of year

The federal budget has forecast inflation to dip below 3% by the end of this year.

HECs debts are due to soar by 4.8% unless the Government changes the way the debts are calculated.
Latest Politics

HECS indexation 2024: student debt could rise 4.8% in June

HECs debt could increase 4.8% based on the way it is currently calculated, unless the Federal Government changes indexation methods.

Inflation has fallen to 3.6% in the year to March, 2024.
Economics Latest

Inflation has fallen to 3.6% in the year to March

Prices have risen by 3.6% in the year to March 2024, slightly higher than economists’ expectations of softer inflation.

Prices rose by 3.4% in the year to February
Economics Latest

Prices rose 3.4% in the year to February

Inflation (rising prices) has held steady month-on-month, with prices rising by 3.4% in February matching the inflation figures from January.

Cost of living Labor MPs
News Politics

Labor MPs called back early to discuss cost of living

The Prime Minister has called Labor MPs back to Canberra from their summer break early for urgent cost of living talks.

What is the cash rate? 
Economics News

Bullock leaves cash rate unchanged

What is the cash rate? The Reserve Bank chose to leave the cash rate unchanged on Tuesday – the last meeting of 2023.

Coles and Woolworths to face Senate Inquiry
News Politics

Senate to grill Coles and Woolworths over claims of overcharging

Australia’s supermarket giants, Coles and Woolworths, will face questions about whether they’re overcharging during a cost of living crisis.

Interest rates and inflation

How do higher interest rates affect inflation?

The 13th interest rate increase since May 2022 has re-ignited the debate about the use of higher interest rates to fight inflation.

Interest rates and inflation
Economics News

Cash rate reaches 12-year high

Why did the cash rate rise? The Reserve Bank decided to raise the cash rate again on Tuesday, after keeping it unchanged since July.

The Daily Aus podcast

Inflation is up again. Are interest rates next?

The latest inflation numbers released yesterday showed prices rose by more than the RBA had hoped. It means could soon be hearing three words we haven’t heard for a few months: “interest rate rise”. So, what’s the point of raising inflation? TDA journalist Tom Crowley tells us what it all means in the deep dive.

september inflation

September quarter: inflation higher than expected

Prices were 5.4% higher in September than the previous year, according to the latest official inflation figures.

Philip Lowe final speech

Philip Lowe hits back at media in final speech as RBA Governor

In his final speech, RBA Governor Philip Lowe has criticised the media for personal attacks but admitted he had “difficulties” communicating.

why is inflation slowing
Economics News

Inflation slows for the third straight month

Inflation grew by 4.9% in the year up to July 2023, according to the latest figures from the Australian Bureau of Statistics.

Car emissions is the focus of the Government's new scheme

Why are petrol prices rising to well over $2.10 per litre?

Petrol prices are rising again across Australia, and have been well above $2.10 litre in recent days in Sydney and Melbourne. Why?

The Daily Aus podcast
Economics News

Good(ish) news for the economy

The good(ish) news is that this week we had the strongest indicator yet that inflation is easing, while unemployment remains low. The bad news is that the rental crisis continues, with rental prices rising at the fastest rate since 1988. TDA journalist Tom Crowley will explain why this is all happening, and what it means for you, in the deep dive.

who is the RBA governor

RBA Governor Philip Lowe will be replaced at the end of his term

RBA Governor Philip Lowe will not be re-appointed for a second term, replaced instead by his deputy Michele Bullock.

rba monthly meetings cut down

RBA will cut the number of interest rate meetings to 8

RBA Governor Philip Lowe has announced a cut to interest rate meetings after a review into the bank’s culture and practices.

RBA cut interest rate meetings

The RBA has left interest rates unchanged for July

The RBA has left interest rates unchanged at 4.1% for the month of July, with RBA Governor Philip Lowe saying inflation has “passed its peak”.

RBA cut interest rate meetings

More experts, more debate: RBA review calls for major changes

australia inflation rate february 2023

If inflation is falling, why aren’t my expenses?

The latest monthly figures show inflation in Australia has fallen from 7.4% to 6.8%, but that’s still a significant rise. What does it mean?

Chris Minns Interview with TDA

TDA’s chat with NSW Labor Leader Chris Minns

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