IMF calls for tax shakeup as federal budget looms

An International Monetary Fund report has praised Australia's economy but called for changes in areas including company and resources taxes and the GST.

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Australians began the year spending on a mix of fun and necessities, but higher interest rates and slowing income growth may change the picture through the rest of 2026.

 New data shows the number of job and employment scams reported by Australians aged 24 and under more than doubled in 2025 compared to 2024.

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Insights, explainers and features exploring the economy and the latest financial news.

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Luke Yeaman

RBA: When the facts change, I change my mind. What do you do?

Economy
The RBA Board was right to adopt a patient approach in the initial fight against inflation. But the game has now changed, and quickly, writes Luke Yeaman.

 

Economy
Interest rates sit behind many of the big economic issues people are navigating right now, from housing and rents to savings and everyday spending.

Economy
CBA economists say structural shifts in China and changing global supply chains are pushing Australian exporters to diversify.

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