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“Business groups are warning years of expensive turmoil will be unleashed by the federal government’s plans for a minimum tax on discretionary trusts as Treasurer Jim Chalmers warns that without reform, the nation’s tax revenue will be eaten away, leaving…”

“The fund’s six-monthly updated economic outlook predicts unemployment in Australia is expected to climb by 0.3 percentage points, from 4.4 per cent this year to 4.7 per cent in 2027.”

“A shift in sentiment towards the AI investment boom, which is increasingly debt-funded and fuelled by expectations of rapid earnings growth, is a potential trigger for international economic turmoil, the bank said on Thursday in its twice-yearly review of…”

“This cycle of rate hikes will hit Australians harder than the one they endured in 2023.”

“The person who is most central to Australians’ day-to-day economic fortunes stood up on February 6, 2024, to face her first press outing in charge of the central bank.”

“Such has been the turmoil in British politics over recent years that Burnham is the fifth UK prime minister during Albanese’s term – and the seventh since 2016.”

“Any lingering optimism about peace in the Middle East was wiped out by Thursday morning as a sea of red greeted traders after the terrible news of surprisingly strong US economic data – even good news remains bad news in 2026.”

“Turmoil in global bond markets is set to cost the already-strained federal budget billions in additional interest payments, Treasurer Jim Chalmers has warned, prompting a leading economist to say the party is over when it comes to cheap money funding populist…”

“But the geopolitical turmoil of the past decade has forced all governments to increase their expected spend on defence, which in Chalmers’ 2023 report was pushed up to 2.3 per cent of GDP by 2032.”

“The Fed’s decision does not mean interest rates have to go up here in Australia.”