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News
Threatened councils say no to Sydney mergers
24 November 2009
LOCAL government has dismissed a renewed call by the Sydney Business Chamber to slash the number of Sydney councils from 42 to under a dozen and sees a glimmer of hope for a relaxation of rate-pegging in a report due to be handed to the State Government this week. The chief executive of the chamber, Patricia Forsythe, said in an opinion piece in the Herald last week that Sydney's 470 local councillors needed to move away from arguing over the appropriate size of a backyard swimming pool on to bigger issues such as affordable housing and infrastructure renewal... read full story
Wages Shock And Horror More Nostalgic Than Alarming
14 July 2008
The screaming headline, "Wage rise stokes inflation fear", with which one newspaper greeted the Fair Pay Commission's minimum wage decision last week didn't disturb me so much as remind me how far we've come since the bad old days of economic mismanagement... read full story
Gdp Growth Torpedoes Rate-cut Hope
5 June 2008
EXPECTATIONS of a Reserve Bank interest rate cut this year have been dashed by evidence of surprising strength in the economy... read full story
Interest Rate Scatter Gun Claims Too Many Victims In Fight Against Inflation
24 May 2008
Rate rises should not be the weapon of choice when productive means are available, writes Garry Weaven... read full story
Jobless Rate At 33-year Low
14 March 2008
THE unemployment rate has hit a new generational low, but the "dream run" for the labour market could soon be over as higher interest rates begin cooling the economy... read full story
Rba Hints At May Rate Rise
6 March 2008
AUSTRALIA'S economic growth appears to be slowing, but another interest rate rise in May remains possible, before rate cuts next year... read full story
Double Rate Rise: Rba's Shock Plan
20 February 2008
FINANCIAL markets have marked down another interest rate rise next month as a virtual certainty, after the Reserve Bank revealed it came close this month to delivering two rate rises at once... read full story
Markets Tip More Interest Rate Pain
20 February 2008
FINANCIAL markets have marked down another interest rate rise next month as a virtual certainty, after the Reserve Bank revealed it came close this month to delivering two rate rises at once... read full story
More Rate Rises On Way As Rba Sounds Alarm
12 February 2008
AUSTRALIANS should brace for another rate rise next month, and more after that, with the Reserve Bank revealing it will take years - at least two, and possibly more - before inflation is back under control... read full story
