The Latest Breaking News from Jonathan Kearns

Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals

Treasury is revising all the numbers for the midyear budget update as economists warn of a difficult six months ahead

The Guardian - AU · Oct 22

‘Clear and present danger’: fuel prices could rise by 30c a litre across Australia under IMF scenario

IMF’s World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflation

The Guardian - AU · Oct 13

Would slashing migration tank the economy or reset Australia’s living standards? Canada may offer clues

Annual population growth for the North American nation has slowed to just 0.5% – and the economy is ‘adjusting’

The Guardian - AU · Oct 4

Australia’s falling house prices have a silver lining for mortgage holders. Here’s why

The RBA’s governor, Michele Bullock, has made it clear that the ‘easing’ property market is on her mind

The Guardian - AU · Aug 10

Home price data another window into tax change fallout

Property market data will soon be released after the Reserve Bank unveils a readout from its latest interest rate-setting board meeting.

AAP · Jun 28

Strong jobs figures clock on for future rate rise shift

More than 40,000 jobs have been added to Australia's economy to exceed expectations, but slowing growth could ease the Reserve Bank's inflation fears.

AAP · Jun 24

Australians can expect high fuel costs to linger for far longer than the war in Iran

Rising inflation and unemployment mean effects of Iran war could be even worse than the post-Covid cost-of-living crisis

The Guardian - AU · Mar 25

'Be bold': Spender urges income tax shake-up in budget

Australia's tax system needs to be rebalanced towards effort and ingenuity, independent MP Allegra Spender said as she launched her tax reform blueprint.

AAP · Mar 10

Is Tim Wilson an ‘inflation nutter’? Why the new shadow treasurer’s RBA comments are making waves

Liberal MP claims the Reserve Bank has been soft on inflation. Labor says questioning the RBA’s dual mandate amounts to a ‘plan for higher unemployment’

The Guardian - AU · Feb 19

Most mortgaged homeowners won’t see repayments increase if the RBA hikes interest rates this week

Those who stuck to minimum loan repayments through last year’s rate cuts will bear the brunt of Tuesday’s anticipated hike, while those already paying extra are in a ‘great position’

The Guardian - AU · Feb 1