The Latest Breaking News from Saul Eslake

Tasmania, the home of Australia's only Liberal government, faces deteriorating finances based on policy decisions over a decade, a leading economist says.

Treasury analysis shows ‘mums and dads’ will be among the biggest beneficiaries when 1 July cuts kick in, Jim Chalmers says

The RBA governor is reminding everyone that her mandate covers not just inflation, but also full employment

Asked to grade Treasurer Jim Chalmers’ third budget on his own criteria of delivering on “inflation in the near term and then growth in the medium term”, most of the 49 leading economists surveyed by the Economic Society of Australia and The Conversation have failed to give it top marks.

‘Climate change is a global problem. It needs that global level of collaboration,’ says Larry Marshall

The Victorian budget remains cloaked in secrecy but shapes as a no-frills affair as the government tries to combat rising debt and infrastructure blowouts.

No change in the official cash rate is expected this week, with the Reserve Bank's reaction to a stronger inflation print the main point of interest.

Tasmania's major parties have accused each other of overspending and budget mismanagement days out from the state election.

Pundits and investors expect the RBA to leave its cash rate unchanged at 4.35% when the board meets on Tuesday

Banks say tax tweaks approved by Anthony Albanese’s cabinet may slow pace of RBA interest rate cuts and further reforms are needed to fill budget shortfalls

Albanese government would need to couple any increases in unemployment benefits and pensions with savings, experts say