RBA minutes confirm a tightening bias, but it's reluctant to hike. This, as consumer sentiment remains deeply pessimistic with just over half expecting rate rises to resume over the next 12 months.


Macquarie Group economists estimate there is a 50% chance of recession this year, as the “trap” of high migration unwinds and high interest rates leave the private sector in “stagnation”.


A setback for Peter Dutton’s nuclear energy plans with the CSIRO estimating the nation’s first large-scale nuclear power plant could cost as much as $17 billion in today’s dollars, and would not be operational until at least 2040.


Liberal Senator Linda Reynolds and her former staffer Brittany Higgins fail to reach an agreement in a second round of mediation.


Telstra slashes its workforce by 9%.


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