Michael Read

All past productivity commission heads have echoed Danielle Wood’s concerns that the government’s proposed Future Made in Australia Act risks entrenching subsidy-dependent businesses.

Bernie Fraser, the only person to serve as both RBA governor and Treasury secretary, has warned governments have a poor record of picking winners.

The IMF’s warning came alongside new forecasts showing the Australian economy will grow at a historically slow pace this year.

Gary Banks has conceded the recommendation to create the National Disability Insurance Scheme was flawed, and has called for major reforms to limit eligibility.

Chinese steelmaking may have peaked, with the country’s shrinking population posing a multi-decade headwind for mining industry profits and government revenue.

Treasurer Jim Chalmers and the other attendees at this week’s meeting of the G20 finance ministers and central bank governors may be suffering from whiplash.

Australia stocks fell to a three-month low while gold and oil surged after Israel reportedly launched a retaliatory strike on Iran, fuelling fears of a widening Middle East war.

Global stocks recovered from the shock of the strike on Iran but a plunge in the “magnificent seven” tech stocks weighed on the Nasdaq.

New research from NAB forecasts productivity growth will remain at its lowest rate in more than 70 years, leading living standards to stagnate.

Everyday activities like the above are among the 31 common household purchases where year-ended inflation rose between December 2023 and March 2024.