Business
Inflation jumps to 4.3%, adding to pressure for RBA rate rise next week
Australia’s annual inflation rate jumped to 4.3% in September, up from 4.0% in August, keeping pressure on the Reserve Bank ahead of Tuesday’s interest rate decision.
Business
Business coverage from Melbourne Australia Wire.
- Business
Failure to ratify the EU trade deal would cost Australia far more than beef
Australia and the European Union agreed on a comprehensive free-trade agreement (FTA) in March, after nearly eight years negotiating and much political rancour.
- Business
View from The Hill: heat rises around Albanese, as Haines’ concern about golf club grant rumbles on
Anthony Albanese reprised his well known mantra – that we must “turn the temperature down” – as politicians and the community generally struggled to come to grips with the alleged attack on independent MP Helen Haines.
- Business
Anthropic’s record US$2 trillion stock market listing highlights the growing risks for all of us
Anthropic, developer of AI chatbot Claude, has filed its prospectus and is expected to go public on Wall Street in November at a valuation of up to US$2 trillion.
BusinessCost is not the only reason people buy illicit tobacco – for some, it’s an act of defiance
Recent estimates suggest illicit tobacco now accounts for between 50% and 60% of tobacco consumed in Australia. Rapid growth in the Australian illicit tobacco market raises concerns a similar situation could evolve in New Zealand.
- Business
Parties may have competing tax visions, but paying for NZ’s future isn’t getting cheaper
It may be taking a back seat to cost-of-living pressures, unemployment and the state of the economy, but tax was always going to be a hot issue in this year’s election.
- Business
Australia has many older people but not enough young people to care for them. What can we do?
As the nation ages, and children make up a smaller proportion of the population, the country is confronted with one of its biggest policy and economic challenges: how do we care for the elderly?
- Business
Grattan on Friday: Politics reflects society, and our society is in poor shape on many fronts
As the national political conversation descended into fear and loathing after Monday’s horrific attack on Helen Haines, two federal parliamentarians had the political nous, or good grace, to step back from instances of offensive behaviour.
- Business
View from The Hill: Mathias Cormann offers blunt advice on countering populism and reforming the economy
Mathias Cormann, these days secretary-general of OECD but formerly Liberal finance minister, is professionally non-partisan in his current role. But that’s not quite the same as being non-political.
- Business
Australia has let abuse of its representatives become ‘part of the job’ – and women bear the brunt
Australians have been deeply shocked by the alleged attack on independent MP Helen Haines that has left her in critical condition in hospital, and having lost a leg.
- Business
Could the ban on card surcharges lead to a rise in tax evasion?
Small businesses are still figuring out ways to deal with the ban on credit card surcharges that took effect on October 1 and are searching for ways to manage the costs.
- Business
Former Labor attorney-general to be new head of the National Anti-Corruption Commission
A former Labor attorney-general in the Rudd and Gillard governments, Robert McClelland, has been chosen as the new head of the National Anti-Corruption Commission (NACC).