Confirmed: Growth Was Weak Before the Virus Hit
04 March 2020
The National Accounts confirm that quarterly growth slowed in the December quarter and was below average before the Coronavirus outbreak hit.
New Lows for the Cash Rate and Morrison's Credibility
03 March 2020
Today’s decision by the Reserve Bank to cut the cash rate to 0.5 per cent is a new low for the cash rate and a new low for the Morrison Government’s economic credibility.
Another CAPEX Collapse
27 February 2020
New data showing capital expenditure has collapsed again absolutely destroys Josh Frydenberg’s claim that the economy was performing strongly before the Coronavirus outbreak hit.
Weak Wages Growth Stalls Again
19 February 2020
New data has revealed that weak wages growth has stalled further.
09 February 2020
It has been an extraordinary honour to serve alongside Wayne Swan, to have worked for him, and to know him as a mate and a mentor.
RBA: Economic Growth Downgraded Again
07 February 2020
Today the Reserve Bank downgraded its forecasts for economic growth for the third time since the May 2019 election.
Retail Trade Plunges
06 February 2020
New data out today shows that retail trade plunged by 0.5 per cent in December and annual growth in retail values and volumes is weak.
Workers Already Paying the Price for Government's Super Freeze
06 February 2020
A new report shines a light on the price that Australian workers are paying for this Liberal National Government’s freezes to the Superannuation Guarantee.
RBA: "Noticeable Step Down" in Wages Growth
05 February 2020
RBA Governor Philip Lowe has today confirmed that the Australian economy was weak before the summer challenges of bushfires and the Coronavirus outbreak surfaced.
RBA Decision on Interest Rates (February 2020)
04 February 2020
On behalf of the Federal Labor Party, we thank Mr David Neal for his service as the Chief Executive Officer of the Future Fund Management Agency since 2014 and his prior service in the organisation from 2007.