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Economics

Opinion | Beyond tech, the US-China AI race is a tussle over ethics

by Walter Watson
Opinion | Beyond tech, the US-China AI race is a tussle over ethics

America’s plans underline its focus on the need for a skilled workforce to progress in science, the economy and national security. China has also made remarkable strides in its AI …

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Another month of big spending by young West Aussies highlights challenge for Reserve Bank

by Anas Siddiqui
Another month of big spending by young West Aussies highlights challenge for Reserve Bank

Young West Australians splashing cash on travel while other generations rein in spending has highlighted the challenge the Reserve Bank faces in fighting inflation, an economist says. Bankwest has revealed …

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Jobless rate up slightly to 4.2 per cent but there’s still signs of strength

by Anas Siddiqui
Jobless rate up slightly to 4.2 per cent but there’s still signs of strength

Job creation is running at a gallop amid a flood of Australians looking for work, with fresh numbers backing up the Reserve Bank’s reluctance to cut interest rates. The unemployment …

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Meeting minutes to show RBA dancing to its own beat

by Anas Siddiqui
Meeting minutes to show RBA dancing to its own beat

The Reserve Bank of Australia is growing increasingly frustrated with “false prophets” attempting to pre-empt its cash rate strategy, but that won’t stop analysts from poring over every word of …

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Inflation’s Next Victim Will Be Your Freedom

by Edgar Davis
Inflation’s Next Victim Will Be Your Freedom

Opinions expressed by Entrepreneur contributors are their own. Prior to the industrial and technological revolutions, social mobility was a concept that colored the most ambitious, aspirational and fictitious tales. No …

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Fresh Bankwest data reveals West Australians spending more to repair than buying replacement items

by Anas Siddiqui
Fresh Bankwest data reveals West Australians spending more to repair than buying replacement items

Cash-strapped WA consumers are increasingly spending more on repairs rather than purchasing replacement items as the persistent cost-of-living crunch bites into budgets. Fresh credit and debit spending data from Bankwest …

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RBA interest rates: Governor Michele Bullock ‘balancing risks’ in ‘complex situation’

by Anas Siddiqui
RBA interest rates: Governor Michele Bullock ‘balancing risks’ in ‘complex situation’

Reserve Bank governor Michele Bullock has pushed back on critics who profess to know exactly what the central bank should be doing as it tackles an uncertain economy. Speaking after …

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RBA keeps interest rates on hold at 4.35pc in June

by Anas Siddiqui
RBA keeps interest rates on hold at 4.35pc in June

Interest rates have been kept on hold, with the Reserve Bank of Australia board standing pat for its fifth consecutive meeting. The central bank on Tuesday left rates at 4.35 …

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Australia surges to 13th in latest global productivity rankings but CEDA warns against thinking problem fixed

by Anas Siddiqui
Australia surges to 13th in latest global productivity rankings but CEDA warns against thinking problem fixed

Australia’s global productivity ranking has soared to its best in 13 years but experts warn against presuming the nation’s sluggish growth has been resolved. The latest edition of the long-running …

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RBA interest rates widely expected to be left on hold at 4.35pc in June meeting

by Anas Siddiqui
RBA interest rates widely expected to be left on hold at 4.35pc in June meeting

The Reserve Bank is certain to keep interest rates on hold on Tuesday, economists say, keeping borrowers hoping for any mortgage reprieve on tenterhooks for another six weeks. The RBA …

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