Australia’s economic growth rate will remain anaemic in coming years, well below the long-term average and lagging the global performance by a long shot.

Read More »

OPEC sticks to oil demand view, sees potential economic upside

OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 on Tuesday and said there was a chance the world economy could do better than expected this year. The Organization ...

Read More »

Budget tells of a struggling economy in which employment is defying gravity

For its utopian visions of the rebirth of Australian manufacturing, Labor knows it needs workers. But where will they come from?

Read More »

‘Fragile’ global outlook casts shadow over economy

The federal budget has been framed against a backdrop of “fraught and fragile global conditions” with a “subdued” world economy, according to Federal Treasurer, Jim Chalmers.

Read More »

2024 budget delivers minor surplus but deficits loom over economy as Australia’s spending ramps up

Those shortfalls were higher than the projected deficits of $18.8bn and $35.1bn for those two years in the midyear economic and fiscal outlook, which was released last December. Public demand is ...

Read More »