The American jobs market is in trouble… but Trumpflation might prevent a rescue
The US jobs market is deteriorating markedly even as Donald Trump's inflationary policies make the case for an interest rate rise. It's a stark contrast to Australia, whatever critics might say. The...
View ArticleAs interest rates stick and inflation drags on, we need to be honest:...
Despite overarching statements about Australians' economic experience, growth rate and consumer spending, the reality is that Melbourne is from Mars, and Perth is from Venus. The post As interest rates...
View ArticleI’ve been made redundant twice, and I’m only in my 20s. I can’t help but take...
In 2026, employment precarity in Australia’s creative and knowledge industries is not an anomaly, it’s the operating condition. The post I’ve been made redundant twice, and I’m only in my 20s. I can’t...
View ArticleTrump is taking America back to old-fashioned stagflation. It will impact us...
Under the hood, the American machine is breaking, impacting the global economy and engendering uncertainty. Every Australian working through our superannuation funds can expect to be affected. The post...
View ArticleSay good night to rate cuts. Hello rate hikes!
People really, really hate inflation, which explains a lot about the world right now. The post Say good night to rate cuts. Hello rate hikes! appeared first on Crikey.
View ArticleThe RBA narrative of a tight labour market has been spoiled — and all eyes...
Despite claims of a tight labour market, it seems Australian employers are waiting to see what impacts higher inflation might have. The post The RBA narrative of a tight labour market has been spoiled...
View ArticleTo cut or not to cut? RBA looks to get its messaging right amid uncertain...
The September jobs numbers have put pressure on the RBA to cut interest rates — but they're not as bad as they look. Meanwhile the central bank its trying to improve its messaging. The post To cut or...
View ArticleReader reply: Is it time for a Universal Basic Income?
Universal Basic Income would simplify 'social security bureaucracy' and reduce government red tape. The post Reader reply: Is it time for a Universal Basic Income? appeared first on Crikey.
View ArticleIs Michele Bullock up to the job? An increasingly random performance makes...
Michele Bullock's spinning of the RBA's refusal to cut interest rates isn't merely inconsistent, it suggests a lack of leadership, which may the defining problem of her term as governor. The post Is...
View ArticleReserve Bank minutes show an institution that needs a bigger thesaurus — and...
The monetary policy board minutes show a body desperately trying to conjure any reason it could find not to cut interest rates — despite the evidence staring it in the face. The post Reserve Bank...
View ArticleAustralians don’t need any more information about the RBA’s stupidity and...
The jobs market is now clearly wilting in the face of lower demand inflicted by the Reserve Bank's bad monetary policy decisions. What chance of an apology from Michele Bullock? The post Australians...
View ArticleAlbanese lauds ‘successful visit’ to China as Coalition labels it ‘indulgent’
The PM hit back at claims his six-day China trip had been indulgent, criticising the Coalition for letting the relationship languish. Meanwhile, federal parliament finally returns next week. The post...
View ArticleNo rate cut for a Trump-ravaged US economy — but the next best thing
The US central bank has blamed its increased inflation expectations on Donald Trump's tariffs. And while it hasn't cut interest rates, it wants to reassure markets. The post No rate cut for a...
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Israeli cabinet delays ceasefire vote
Israel has delayed a vote on whether to approve the Gaza ceasefire as it accuses Hamas of trying to change the terms of the deal, and it's not yet clear what effect new unemployment data will have on...
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Hopes dwindle of rates cut
The opposition leader will announce the costings behind his nuclear plans today after months of stalling, and brief hopes of a February rate cut have already faded. The post Hopes dwindle of rates cut...
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Further device attacks in Lebanon kill 20, injure hundreds
Another set of communications device explosions aimed at Hezbollah have rocked Lebanon, and Labor is hoping today's employment data will show it some good news. The post Further device attacks in...
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London stabbing victim an 11-year-old Australian
The victim of a random attack in London this week was revealed to be a young Australian girl, and mortgage holders are spending record amounts of their income on their loans. The post London stabbing...
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As Biden’s economy rolls ever on, the recession search continues
Commentators continue to look for a US recession. And the US economy under Joe Biden just keeps on keeping on. The post As Biden’s economy rolls ever on, the recession search continues appeared first...
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Budget tells of a struggling economy in which employment is defying gravity
For its utopian visions of the rebirth of Australian manufacturing, Labor knows it needs workers. But where will they come from? The post Budget tells of a struggling economy in which employment is...
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Sliding doors on a flight to Washington: Swan’s budget turnaround
Wayne Swan went to America in April 2008 poised to slash and burn in his first budget. He returned with a very different focus, one that impacted the lives of hundreds of thousands of Australians. The...
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