The Australian construction industry has undoubtedly been a major contributor to the country’s economic growth. The industry has continued to create employment for hundreds of thousands of employees, contractors, and subcontractors, supports small-scale business operators in various trades and industries,…
The Australian inflation rate, as expected, rose to 3.8% in the 12 months to January 2026 despite the RBA’s rate hikes to bring the inflation within its targeted rate. The rate has remained stubbornly above the RBA’s comfort zone of 2%-3%, with housing as the largest contributor at 7.2%.
Australia’s economic outlook for 2026, according to SunX economists, has been downgraded due to the Middle East War, which has driven oil prices higher and negatively impacted the global economy. Already burdened by cost-of-living pressures, Australia is facing high inflationary…
Monetary policy is a powerful tool for the central bank. It is a key mechanism that policymakers and economic stakeholders use to manage and guide a country’s economy. This policy is an essential framework to regulate the money supply. Macroeconomic managers in developed economies, such as Australia, utilise monetary policy to address core challenges such as rising inflation and unemployment.