The Latest Breaking News from Saul Eslake

Australians have been scared off loans – and that’s exactly what the RBA wants

The majority of Aussies have been spooked off of loans and have lost faith in the decisions of the RBA, research shows.

The New Daily · May 1, 2023

‘Peaked’: Small relief from slowing inflation as rents and utility bills soar

Inflation has begun easing as goods prices fall, but the cost of living crisis isn’t over yet as rising rents and utility bills hit families.

The New Daily · Apr 26, 2023

The mining sector made more than half of Australia's corporate profits, so why do economists want to ignore it?

Australia's mining sector has generated windfall profits over the past two years, the result of dramatically higher prices for fossil fuel energy, but has it driven inflation?

ABC News · Apr 14, 2023

Super funds deliver stability for members as regulators call for more transparency

Superannuation has proved its stability in troubled times with the average balanced fund making a gain of 1 per cent while shares fell.

The New Daily · Mar 27, 2023

Grattan on Friday: Should Anthony Albanese keep his word on the Stage 3 tax cuts?

The final, mega stage of the Coalition’s tax cuts, worth more than $240 billion over a decade, is now in the gun sights of many critics, who are calling for Anthony Albanese to dump his promise to deliver it.

The Conversation · Sep 1, 2022

MPs lean on Anthony Albanese, but dumping of tax cuts quashed

Senior Labor sources last night quashed speculation that the government was giving itself room to dump the controversial stage three tax cuts.

The New Daily · Aug 30, 2022

Stamp duty or land tax? Economists say the one that makes the most sense is politically toxic

The Tasmanian Premier stood up in parliament and refused to rule out a switch from stamp duty to a land tax on the family home, but a hasty statement shortly afterwards saying there were no such plans has economists scratching their heads.

ABC News · Aug 25, 2022

Sally McManus says labour's share of GDP is the lowest it's been since 1960. Is that correct?

ACTU secretary Sally McManus says worker's share of wealth is the lowest it's ever been, pointing to the labour's share of income statistics as evidence. RMIT ABC Fact Check investigates.

ABC News · Aug 22, 2022

‘Turning point’: Business collapses spike but local recession still unlikely, say economists

The number of businesses falling into administration spiked in July as economists warn the economy is headed towards a “turning point”.

The New Daily · Aug 9, 2022

Mortgage bills to jump $140 in August as inflation worsens

Home owners will be slapped with another painful mortgage squeeze in August after the Reserve Bank hiked interest rates to a six-year high on Tuesday.

The New Daily · Aug 2, 2022