Currency wars to the right, deposit wars to the left
The undeclared global currency wars and local bank deposit wars forced Glenn Stevens' hand on rates, but all to no avail.
Unpacking the gravity of Australia's gas mess
A combination of terrible industrial relations deals and bad government policy mean the states are running out of time to avoid a gas crisis. It will also hit the buyers of New South Wales’ key port assets.
Calm down, this is no rates emergency
Those worried about a cash rate below GFC settings are missing a few key points. Fiscal policy and the Australian dollar are no longer the stimulatory factors they were then.
Last chance for a house-price fightback?
Australia's housing market is in a funk and if the latest rate cut doesn't do much to get it moving the spectre of falling prices will haunt the next government.
A budget to protect Labor's legacy
A surplus in the forward estimates will be the centrepiece of this year’s budget, because the alternative, in the long-term, would be even more painful for Labor.
Nothing at all, that’s what. And the government’s failure to note its shift towards diplomacy is driven by lack of money is a complete farce.
Despite today's move to scrap tax cuts from 2015, households will still be overcompensated for the carbon price. The public, however, won't grasp this reality, and the government really only has itself to blame.