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Energy agency's warning to government on RET

The International Energy Agency projects that solar could be cheaper than coal, but it hinges on clear, stable policy. Meanwhile, Australian investors representing $1 trillion in funds have warned Prime Minister Abbott he's about to trash precisely that.

30 Sep 2014
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Downside risks to consumer spending

Consumer spending accounts for 53 per cent of the economy (real GDP), so the degree to which households decide to spend or save is critical to the economic outlook. A major positive for spending of late is rising household wealth, but we should not overestimate its impact, as weak income growth poses a major offsetting downside risk to consumer spending.

30 Sep 2014
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