Jennifer Duke

The Organisation for Economic Co-operation and Development (OECD) has urged governments to find ways to engage cooperatively on global trade and work to make trade policy more predictable amid an interim economic outlook that warns the full effects of US tariffs is yet to be felt.

Productivity growth increased over the June quarter but remains at low pre-pandemic levels.

The unemployment rate held steady at 4.2% in August. This was in-line with market expectations for joblessness but there was a sharp drop in people employed that was not on the radar of most economists.

Reserve Bank of Australia deputy governor Andrew Hauser has described predictions of the death of the US dollar and by extension Australia’s hedging model as “somewhat premature” while encouraging superannuation funds to scale up their risk planning and scenario-modelling capacity.

The monthly consumer price index indicator jumped 2.8% in the 12 months to July, after a 1.9% result in June, according to the Australian Bureau of Statistics. This was far above the 2.3% consensus expectation.

In an exclusive interview, the opposition treasury spokesman suggests the Liberal Party will pursue a more laissez-faire approach to regulating AI than Labor.

Michele Bullock wasn't keen to talk about it, but the central bank has shifted its productivity assumptions in a profound move ahead of next week's economic roundtable.

The Productivity Commission (PC) is encouraging the federal government to coordinate with state and territory counterparts to ensure new AI tools are developed specifically for Australian schools and made widely available to all students.

The Productivity Commission is asking the government to avoid heavy-handed regulation that specifically targets AI and instead favour technology-neutral regulations where there's unavoidable gaps.

Treasurer Jim Chalmers has sent out a final tranche of invitations to the three-day Economic Reform Roundtable from 19-21 August 2025, including academics, executives, government agency heads, institutional investors and top economists.