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Latest news: Economic Policy

Households could get paid under plan to price pollution

Households could get paid under plan to price pollution

Australia could raise $35 billion a year by putting a price on pollution and help households and businesses by sharing the revenue, a report has found.

Rate rise pain all but certain after inflation shock

Rate rise pain all but certain after inflation shock

Rate rise pain all but certain after inflation shock

Rate rise pain all but certain after inflation shock

Hotter-than-expected inflation figures have convinced analysts the Reserve Bank will lift rates as soon as next week, heaping pressure on mortgage holders.

Magic number that could decide an interest rate hike

Magic number that could decide an interest rate hike

Magic number that could decide an interest rate hike

Magic number that could decide an interest rate hike

Traders now tip a greater-than-50 per cent chance of an interest rate hike in February, but some pundits are holding out hope for a Reserve Bank reprieve.

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IMF warns of AI bubble risk to global growth outlook

IMF warns of AI bubble risk to global growth outlook

Australia is projected to endure drawn-out, above-target inflation, global economic body the International Monetary Fund says.

Price gouging ban will drive up costs: supermarkets

Price gouging ban will drive up costs: supermarkets

Lower grocery bills are being promised with a price gouging ban but supermarket giants and retailers say shoppers will be the ones to bear the brunt of costs.

Wages data could force RBA to turn page on rates cut

Wages data could force RBA to turn page on rates cut

Unlikely to receive another rate cut in the next six months, borrowers will at least see the big four banks face parliamentary scrutiny in Canberra this week.

Ley downplays leadership talk, insists party 'united'

Ley downplays leadership talk, insists party 'united'

Sussan Ley has sought to brush aside commentary from Liberal colleagues suggesting her days as opposition leader are numbered ahead of crucial partyroom talks.

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Push for standard zoning as housing crisis stacks high

Push for standard zoning as housing crisis stacks high

Push for standard zoning as housing crisis stacks high

Push for standard zoning as housing crisis stacks high

More people might be buying their first home, but a report into the country's housing crisis says without radical planning reform the stock will dry up fast.

'Bang for our buck': Aussie firms get tender headstarts

'Bang for our buck': Aussie firms get tender headstarts

'Bang for our buck': Aussie firms get tender headstarts

'Bang for our buck': Aussie firms get tender headstarts

Australian businesses will have their first opportunity in more than 20 years to get first dibs on more lucrative government contracts before overseas rivals.

Ley reveals tax cuts, backflips on unpopular policies

Ley reveals tax cuts, backflips on unpopular policies

Ley reveals tax cuts, backflips on unpopular policies

Ley reveals tax cuts, backflips on unpopular policies

The coalition has outlined priorities it will take to the next election, with leader Sussan Ley attempting to win back voters after a stinging defeat.

Hastie left with a Scarr in Liberals immigration spat

Hastie left with a Scarr in Liberals immigration spat

Hastie left with a Scarr in Liberals immigration spat

Hastie left with a Scarr in Liberals immigration spat

The coalition's immigration lead wants cooler heads to prevail in the migration intake debate after weeks of inflammatory comments from Liberal colleagues.

'Looks too high': net zero spotlight on Liberal leader

'Looks too high': net zero spotlight on Liberal leader

'Looks too high': net zero spotlight on Liberal leader

'Looks too high': net zero spotlight on Liberal leader

The federal Liberal leader has offered an olive branch to mounting internal pressure for her to walk away from Australia's climate targets.

Nature delivers $510b bounty but needs more resources

Nature delivers $510b bounty but needs more resources

Nature delivers $510b bounty but needs more resources

Nature delivers $510b bounty but needs more resources

Australia's environment is delivering much more than the government invests in it and contributes 20 per cent of the nation's economic output, a report finds.

Big ideas to fix housing left untouched at roundtable

Big ideas to fix housing left untouched at roundtable

Big ideas to fix housing left untouched at roundtable

Big ideas to fix housing left untouched at roundtable

Plans to improve housing supply have emerged from the productivity roundtable, but economists say they won't fix the biggest issues affecting affordability.

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Workers could be $14,000 ahead under a growth mindset

Australia's productivity tsar says Australian workers would be $14,000 better off each year in the long run if the nation treads the right path on reform.

RBA not swayed by jobless spike as next rate call looms

Reserve Bank governor Michelle Bullock has pushed back on rate cut expectations and weighed in on Donald Trump's pressure on Fed chair Jerome Powell.

Green tick: Australian net-zero projects to be rated

Environmental projects will be analysed and rated in Australia in a move experts say could prevent greenwashing and encourage international investments.

Apple says competition changes could open door to scams

A US tech giant has rejected proposed changes to Australia's digital competition rules, saying some could put consumers and app developers at risk.

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'Wafer-thin' budget surplus won't fix debt problem

One unforeseen event would likely erode a state's long-awaited return to surplus, as its treasurer attempts to tame mounting debt in her first budget.

Renewables, AI rules top productivity reform wishlist

Fifteen areas have been identified for reform by the Productivity Commission, including artificial intelligence, tax reform and cheaper renewable energy.

Bulk billing claims ignore consequences of COVID

The coalition says falling bulk-billing rates show Medicare has become weaker under Labor, but that's not the full story.

Hitting the brakes: hybrid sales clouded by tax cut end

A tax concession for plug-in hybrid electric vehicles has come to the end of the road and experts say it could affect future car sales and emissions.

Cheaper power bills pledge as Dutton spurs gas supply

Opposition Leader Peter Dutton's budget reply has outlined an alternative vision to drive down energy costs and ease pressure on household budgets.

Battle lines drawn over tax cuts as election looms

Universal $5 a week tax cuts are being raced through parliament as debate around cost of living intensifies ahead of the federal election.

Labor 'unashamed' in pitch for cost of living vote

The federal budget will deliver help for working people, Anthony Albanese declares, as Labor tries to draw the opposition into revealing its hand.

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