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Latest news: Macro Economics

WA ranked first, Vic last on economic performance: IPA

WA ranked first, Vic last on economic performance: IPA

A new report has ranked states on their performance across 10 economic indicators, crowning WA as the nation's best performer while Victoria came last.

Economy unlikely to have contracted but growth muted

Economy unlikely to have contracted but growth muted

Economy unlikely to have contracted but growth muted

Economy unlikely to have contracted but growth muted

The Australian economy looks to have narrowly missed a quarter in decline based on economic indicators released ahead of official growth figures.

Home price upswing not 'typical recipe' for rate cuts

Home price upswing not 'typical recipe' for rate cuts

Home price upswing not 'typical recipe' for rate cuts

Home price upswing not 'typical recipe' for rate cuts

Confidence may be returning to the housing market due to rate cut speculation but one economist says rising home values could keep the Reserve Bank wary.

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Advocates call for end to compulsory income management

Advocates call for end to compulsory income management

A senate inquiry into poverty has heard from a range of First Nations representatives about how Indigenous people are frequently excluded by the system.

Business pressures ease in promising sign for inflation

Business pressures ease in promising sign for inflation

The uptick in cost and price pressures plaguing businesses looks to have been temporary in a promising sign for the inflation outlook.

Australians yet to shake pandemic blues as costs bite

Australians yet to shake pandemic blues as costs bite

A wide-ranging wellbeing report shows Australians are yet to completely shake their COVID-19 pandemic blues as their wages go backwards and bills mount.

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