Is the RBA to blame?The economic state of play The politicians have weighed in on the Reserve Bank of Australia’s economic policy and their reticence to reduce interest rates in the face of community pressure. We look at what the numbers are really showing. Treasurer...
The Reserve Bank has handed down its latest interest rate decision following higher than expected inflation data. The Reserve Bank of Australia has decided to keep the cash rate target on hold at 4.35 per cent following the latest Reserve Bank Board meeting. The...
The Federal Budget for 2024-25, the third handed down by Treasurer Jim Chalmers, delivered a back-to-back surplus for the first time in nearly 20 years built on high commodity prices and strong employment. Key features of this Budget include modified stage 3 tax cuts,...
TSP Accountant reports this week a noteworthy slowdown in inflation, with the annual figure dropping to its lowest since last February. According to data freshly released by the Australian Bureau of Statistics (ABS), monthly inflation eased to 4.9 per cent over the 12...
