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GDP

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Our economy has turned into a tortoise. The Reserve Bank will be happy
Opinion
Opinion

Our economy has turned into a tortoise. The Reserve Bank will be happy

Most of us know the saying: slow and steady wins the race. Here’s why a slowdown doesn’t worry the Reserve Bank – and why interest rates will probably stay put.

  • by Millie Muroi

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Some may have to sell their homes: RBA governor gives economic warning

Some may have to sell their homes: RBA governor gives economic warning

Michele Bullock’s alert comes amid signs the business sector is also struggling with high inflation and rates.

  • by Shane Wright and Penry Buckley
‘Smashed’ economy slows like it’s 1991

‘Smashed’ economy slows like it’s 1991

The economy grew just 0.2 in the three months to June, propped up by government spending, and is in the worst run of per person GDP drops since the early 1980s.

  • by Shane Wright and Millie Muroi
Five things the national accounts tell us about the economy

Five things the national accounts tell us about the economy

Here’s what you need to know from the latest gauge of the economy – in five charts.

  • by Millie Muroi
Cookies crumble as interest rates bite into household budgets

Cookies crumble as interest rates bite into household budgets

Australians are responding to high inflation and interest rates by downgrading their biscuits, beer and footwear.

  • by Shane Wright
GDP is going backwards. That doesn’t mean your life is, too

GDP is going backwards. That doesn’t mean your life is, too

If gross domestic product – better known by its nickname GDP – was a perfect reflection of our quality of life, we would be in trouble.

  • by Millie Muroi
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The budget handout that could cruel your next pay rise

The budget handout that could cruel your next pay rise

Just spending money on handouts to bring down inflation is not Jim Chalmers’ main game.

  • by Shane Wright
The economy’s just the means to an end. So, are we getting our money’s worth?

The economy’s just the means to an end. So, are we getting our money’s worth?

Our materialism puts us on a “hedonic treadmill”. We think buying a bit more stuff will make us happier and, at first, it does. But pretty soon the thrill wears off.

  • by Ross Gittins
Australia’s fossil fuel giants set to take multibillion-dollar hit

Australia’s fossil fuel giants set to take multibillion-dollar hit

Australia’s gas and coal exporters face a tricky next five years with prices expected to keep tumbling.

  • by Nick Toscano
How Australia’s economy is faring – in five charts

How Australia’s economy is faring – in five charts

In the midst of a cost-of-living crisis, the national accounts give us an insight into the performance of the economy. Here are five graphs to explain it all.

  • by Shane Wright and Rachel Clun
The big China gamble that could sink Marles’ navy overhaul
Analysis
Defence

The big China gamble that could sink Marles’ navy overhaul

The navy’s $11 billion reboot is fine on paper - as long as we don’t need to go to war any time in the next decade.

  • by Matthew Knott