Deputy governor Andrew Hauser likened Australia’s economy to a racehorse ready to sprint — but beneath the rhetoric lies stagnating productivity, rising business closures, and jockeys that keeps flogging the same tired mount.
Tagged: Interest Rates
Interest rates go up faster than house prices decline
Despite interest rate rises, house prices have retained most of their value, which has led to a decrease in housing affordability across Australia.
Coal royalty windfall should be invested in debt reduction
Commodity prices are a cyclical game, and the state treasurer should bank them in good financial management, rather than squandering them as though they are recurring revenues.
