Daily Bulletin

Men's Weekly

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Market jitters and weak global outlook means rates should hold

  • Written by The Conversation
imageNew treasurer Scott Morrison greets RBA Governor Glenn Stevens.AAP/Paul Miller

A weakening outlook for the global economy and jittery financial markets do not portend well for the Australian economy. With latest estimates of inflation at 1.5%, below the Reserve Bank of Australia’s target band of 2-3%, and delayed action in raising interest...

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Full response from Finance Minister Mathias Cormann

  • Written by The Conversation

A spokesperson for Mathias Cormann told The Conversation by email:

“When we came into Government we inherited spending growth of about 3.7% above inflation on average per annum, which we have brought down to about 1.5% on average per annum above inflation so far.

The improvement in the budget bottom line for 2014/15 of more than $3 billion,...

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  7. Another day, Another IT failure
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  9. To tackle extremism in schools we must challenge the 'white curriculum'
  10. Storage can replace gas in our electricity networks and boost renewables
  11. True Blue? Crime fiction and Australia
  12. Health Check: is it OK to chew or crush your medicine?
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  16. Fifield faces a hard road to bring Australia's media regulations into the 21st century
  17. Parramatta shooting: how much do we really know about 'lone-wolf' terrorists?
  18. The off-topic Conversation #63
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  22. Closing down FOI: a case study in sneaky government
  23. Alert and ready for action: why it's time to ban energy drinks for under-18s
  24. Australia needs to do more to arrest the decline in apprenticeships
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  26. FactCheck Q A: Will China have a 150% increase in carbon emissions on 2005 levels by 2030?
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  28. What do Australian Catholics think of church teaching on sex and family?
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  30. Speaking with: Meg Urry on supermassive black holes
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