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Australia's economic tectonic plates are shifting — and this week might be a fork in the road A new government, concrete action taken in the wake of the jobs summit and a Reserve Bank hell bent on returning the economy to balance could produce quite a bit of change. And for many, it's deeply unsettling, writes David Taylor.

OBITUARY: A heart on fire, with a mind on ice: Economist Francis Wilson believed mining is the core to understanding SA The renowned founder of the Southern African Labour and Development Research Unit, who did pathbreaking research on the system of migrant labour in the South African gold mines, has died, aged 82.

Bad news might be coming for the government today — and for your home loan Data on inflation, interest rates, wages and jobs are due to be released before the federal election on May 21 and they represent four wildcards for the campaign. How will leaders, and voters, respond?

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More than a 'transitory' dilemma: What will the RBA do with interest rates if inflation keeps climbing? The one word that kept interest rates at rock bottom during 2021 has already disappeared in 2022, and that's not great news if you have a big mortgage debt, writes Michael Janda.

Leading funds manager warns of crash amid 'crazy investor behaviour' as Wall St, ASX fall again Prominent investor Jeremy Grantham warns US stock markets are in a "super bubble" that is set to crash, while Wall Street gave up strong early gains to finish in the red again overnight, with the ASX following.

Westpac warns a typical mortgage could be $427 a month more expensive by 2024 Westpac is now expecting the Reserve Bank to start raising official interest rates as early as August, with a peak cash rate that could increase typical mortgage repayments by more than $400 a month.

Taxpayers will soon learn everything has a price — even printing more money As the COVID crisis unfolded in 2020, the Reserve Bank announced it was engaging in a money-printing program — but everything has a price eventually, it's only a matter of time, writes David Taylor.