The projected weakest growth in more than a century has prompted former Reserve Bank of Australia governor Philip Lowe to warn that the nation needs reform.
Falling real wages and a surge in tax and interest payments over the last five years have led to a slump in Australians’ living standards. But a broader driver of the malaise in living standards has ...
The Reserve Bank governor says she is prepared to raise interest rates again as weak productivity leaves the economy more ...
Australia, once renowned for its long run of strong economic growth and high living standards, now faces declining household incomes, growing public debt, stagnant productivity and political tensions ...
Australian Prime Minister Anthony Albanese on Friday called a national election for May 3 as the country grapples with high cost of living and rising U.S. tariffs. Opinion polls indicate the Labor ...