Reserve bank moves to counter the flak from the rising cost of living
Contributed by Joe Montero We know that this Wednesday the Reserve Bank did not increase the interest rate and thereby deviated from the previous 10…
Contributed by Joe Montero We know that this Wednesday the Reserve Bank did not increase the interest rate and thereby deviated from the previous 10…
Contributed by Joe Montero Peak Australian union body, the Australian Council of Trade Unions (ACTU), has called for a 7 percent rise for lower paid…
Contributed by Joe Montero While U.S. government spokespeople, including Treasury Secretary Janet Yellen, are doing the rounds to convince everyone that the nation’s banking system…
Contributed by Jim Hayes Australians are about to pay a whole lot more for using electricity. All parties promised to put a stop to all…
Contributed by Joe Montero Treasurer Jim Chalmers has released the tax expenditures and income statement. This is about tax concessions, credits, and deductions. Together, they…
Contributed by Joe Montero The national accounts released on Wednesday show that wages remain stagnant as inflation rises. This a stark rebuff of the ongoing…
Contributed by Joe Montero The pronouncements coming form the Reserve Bank are somewhat muddled. True, there is valuable data, and this reveals part of the…
Liz Theoharis is a theologian, ordained minister, and anti-poverty activist, who publishes with TomDispatch. Director of the Kairos Center for Religions, Rights and Social Justice at Union Theological Seminary…
Contributed by Joe Montero Forget what some so-called expert economists who are saying. That the cost of living and interest rates are going up because…
The Following by Greg Jericho (published by the Guardian 2 February 2023) shows how Australians are spending less. This signifies a drift downwards in the…