Treasury's 1.2% Productivity Bet Under Fire as Economists Warn of a $20,000 Income Gap
Economy

Treasury's 1.2% Productivity Bet Under Fire as Economists Warn of a $20,000 Income Gap

Treasurer Jim Chalmers' Intergenerational Report relies on productivity jumping from 0.3% to 1.2%, but a lower 0.8% path...

Niamh O'Sullivan 👁 20 💬 0
US Posts Record $432 Billion July Deficit as Interest and Mandatory Spending Climb
Economy

US Posts Record $432 Billion July Deficit as Interest and Mandatory Spending Climb

The US Treasury's July deficit jumped 48.5% to $432.3 billion, and the ten-month fiscal 2026 gap of $1.799 trillion has ...

Niamh O'Sullivan 👁 59 💬 0