Economic News

Energy prices sit at the foundation of every modern economy. They determine the cost of moving goods from farm to supermarket, from factory to port, from warehouse to front door. They set the floor on heating homes, cooling offices, and powering the industrial equipment …

Australia's household sentiment has reached a structural inflection point. The ANZ-Roy Morgan Consumer Confidence index fell a further 4.3 points to 58.8, marking a second consecutive record low and the first time the index has ever dropped below 60. Confidence has declined 21.4 points …

The Australian benchmark has held up better than Wall Street through a turbulent quarter, supported by resources, defensive earnings, and rate-cut optimism — but risks are building.

With Australia's federalbudgetseason approaching and the electoral calendar imposing its own imperatives, Treasurer Jim Chalmers faces one of the most complex fiscal management challenges in recent Australian political economy. The task: deliver a budget that maintains the Albanese government's hard-won reputation for fiscal responsibility, …

The global economy is undergoing a profound structural transformation, marked by a gradual but decisive shift away from the hyper-globalisation that defined the late 20th and early 21st centuries. For decades, globalisation functioned as a powerful disinflationary force, enabling firms to optimise production across …

The globalinflationshock that unfolded between 2021 and 2022 marked one of the most significant macroeconomic disruptions in modern economic history. For over two decades prior, advanced and emerging economies alike operated within a regime characterised by low and stable inflation, supported by globalisation, technological …

The U.S. stock market is approaching record highs, buoyed by enthusiasm surroundingartificial intelligence(AI) innovations, even as trade tensions escalate following new tariffs imposed by President Donald Trump. According to former International Monetary Fund (IMF) chief economistGita Gopinath, the surge bears resemblance to the late …