Trump’s tariff ‘rollercoaster’ raises recession risk
Australians are being assured the nation is well-placed to avoid a recession as the Reserve Bank expresses alarm over Donald Trump’s trade war “rollercoaster”. Forecasts released by the Reserve Bank…
‘Accountability’ at heart of low public sector pay gaps
Low gender pay gaps at Australia’s biggest public sector employers are the result of structures and accountability, but the union says equity measures must be prioritised to ensure fair workplaces.…
Labor mastermind takes swipe at rivals in victory lap
The road to Labor’s election triumph was paved with ambition, practice and countless coalition missteps, the party’s campaign architect says. Labor’s national secretary Paul Erickson has outlined the secret ingredients…
New Zealand’s ‘growth budget’ set to cut, cut, cut
As the conservative New Zealand government hits the halfway mark, Finance Minister Nicola Willis is poised to deliver a hugely consequential budget: no BS. She will reveal her second budget…
Asia stocks edge up as US trade deals in focus
Asian equities edged higher on Wednesday, with risk appetite contained by elevated bond yields as investors remained nervous about the fiscal outlook of major developed economies and the lack of…
Breakaway party airs plan to still ‘work’ with Liberals
The end of the federal coalition won’t stop the Nationals from working with their ex-political partner to target their common enemy – a rampant Labor government. Nationals leader David Littleproud…
Trump trade uncertainty raises hopes of more rate cuts
Mortgage holders can expect more rate cuts this year as the Reserve Bank tries to predict where Donald Trump’s tariff “rollercoaster” is headed next. There was little doubt about the…
RBA drops interest rate with real wages due to fall again
The Reserve Bank’s numbers shout that it made a mistake not cutting interest rates in April, as well as yesterday. The forecast drop in real wages underlines the need, Michael…
US authorities to set targets to lower medicine prices
The US Department of Health and Human Services says its is setting most-favoured-nation prescription drug pricing targets following an executive order from President Donald Trump last week aimed at lowering…
Gender pay gap data puts spotlight on public sector
Gender pay gaps at Australia’s biggest public sector employers have been revealed for the first time, showing lower gaps compared to the private sector. However, men account for just 11…