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Shane Oliver

Sunday, December 03

A world of difference - Reserve confronts an economy in free-fall

The Reserve Bank of Australia will hold its monthly board meeting faced with a vastly different set of circumstances than when they last gathered early in July.

Millions to miss out when tax offset stimulus ends June 30

Millions of Australians will be worse off when a tax stimulus measure finishes at the end of this financial year.

Discretionary spending is drying up (Photo: AAP Image/Dan Himbrechts)

Australia roars out of recession and it has Queensland to thank

Australia is technically out of recession with growth in the September quarter jumping 3.3 per cent on the back of massive consumerism, particularly in Queensland and NSW, according to the Australian Bureau of Statistics.