Business
The economy
Opinion
Energy security
Our energy crisis has been a decade in the making. Don’t expect a quick solution
The chaos and dysfunction in the national electricity market this week flows from the collision of a number of unexpected events with long-term vulnerabilities.
- by Stephen Bartholomeusz
Latest
Analysis
Interest rates
World’s central banks got it wrong, and economies pay the price
Even after central banks recognised they got their inflation calls wrong last year, they’ve continued to flub their policy guidance, roiling markets and threatening greater damage to their credibility.
- by Enda Curran
Editorial
Industrial relations
Minimum wage rise protects low earners from inflation spike
The Herald backs the Fair Work Commission’s decision to raise the minimum wage. As inflation bites, this is an important financial boost for low-income workers.
- The Herald's View
Opinion
Consumer confidence
Confidence crash: Terrified consumers shut their wallets and fear for the future
We are now at the point where measuring confidence feels like a misnomer - we should replace it with a fear metric.
- by Elizabeth Knight
Opinion
Minimum wage
Yes, minimum wage rises can hurt jobs, but not this one
The only path to sustainable real wages growth is a sustained improvement in the productivity of our workforce.
- by Jessica Irvine
Updated
Minimum wage
‘Tip over the edge’: 5.2% wage rise hard to absorb, employers argue
Employer groups believe the new minimum wage rate will add further fuel to an economy already at risk of overheating.
- by Jessica Yun
Explainer
Inflation
What’s stagflation, and what would it mean for you?
Big in the ’70s and ’80s, talk of stagflation has reared its head again. What is it, and are we heading for a new era of it?
- by Clancy Yeates
Opinion
Federal budget
What we weren’t told before the election: taxes to rise, not fall
The simple, obvious truth is that if we want more services without loss of quality, we’ll have to pay higher taxes.
- by Ross Gittins
Inside the secretive world of shipping Russia’s tainted oil
From clandestine mid-voyage transfers to turning off tanker tracking, Moscow has found ways to keep its fuel moving.
- by Louis Ashworth
Opinion
Property prices
Aussie home values are about to tumble. We should let them
House prices look set to fall. But this time, policymakers should resist the temptation to tinker with the market.
- by Jessica Irvine
‘Party like a Russian’ turns toxic at Putin’s economic forum
Vladimir Putin’s annual economic forum in St. Petersburg was always a hot ticket for tycoons eager to curry favour with the Kremlin but the invasion of Ukraine has made it a radioactive one.