The federal government will borrow more money than the states this year for the first time since the pandemic, heaping more pressure on Treasurer Jim Chalmers.

History supports Moody’s assessment that “successive US administrations and Congress have failed to agree on measures to ...

The gross debt of state governments has increased by 150 per cent since 2019 to $661 billion, prompting calls by economists ...

Voters back greater federal funding as the best way out of Tasmania’s debt spiral, according to new polling conducted by the ...

In normal times, fiscal and monetary policy moved in sync. Today, big government is fueling the very inflation central banks ...

Jim Chalmers admitted earlier in June that his budget was not sustainable. With the exception of resource-rich Western Australia, the same can be said of most state and territory budgets, The ...

The US president’s liberation day tariffs are due to return from July 9, with warnings they could do as much inflation damage ...

Queensland’s total borrowings are forecast to top $200bn for the first time, even after the first Liberal National Party ...

America is poised to soften capital requirements for banks so they can buy more government bonds and help finance Donald ...

I read a lot of novels. It is a relief to get away from all those economic reports and commentary that I read during the day.

Western Australian Treasurer Rita Saffioti's second state budget delivered a $2.5 billion windfall for the current financial ...

In Victoria, it is substantially worse. A debt heading towards $200bn, without access to revenue streams available to the federal government or the royalties of Western Australia or Queensland.