Treasurer Jim Chalmers wants you to believe that rising inflation isn't his fault. Under pressure: Jim Chalmers' excuses for Australia's 'sticky' inflation crisis are unravelling He wants you to focus on the fact inflation is lower now than when Labor came to power. In other words Australia's rising inflation - a quarterly adjusted figure of 3.8 per cent - is …
When Peter Costello was about to release the first Intergenerational Report 21 years ago, the then treasurer effusively called it "one of the most exciting documents that we have ever seen". To what extent climate change takes its toll depends on global action, but today's IGR will warn if temperatures rise "up to 3 degrees Celsius or over 4 degrees …
The level of risk in Australia's housing market is the second-highest in the developed world, the International Monetary Fund has warned. Key points: The IMF has downgraded its global economic growth outlook to 2.8 per cent this year, stoking fears of an economic downturn It says Australia's housing market has one of the highest risks of mortgage repayment defaults in …