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Finance & Markets

RBA’s Kent Says Labor Market Loosening Faster than Predicted

Australia’s labor market is showing signs it is softening faster than the central bank expected, Reserve Bank Assistant Governor Christopher Kent said, underscoring the tradeoff policymakers face as they seek to slow inflation while preserving gains in employment.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Tax Asaan Scheme – yet another fiasco

The poor response to the Fixed Tax Asaan Scheme, the voluntary trader registration, suggests that it is heading for a failure, reminding of the successive schemes that have met a similar fate over the decades while fresh initiatives continue to be introduced without any meaningful assessment of the causes of earlier fiascos.

Growers end losers in ‘flawed’ wheat market reform

The coming wheat season, the third since the government abandoned the official support price and suspended traditional large-scale public procurement in April 2025, could prove one of the most uncertain for farmers. The government had promised that a more resilient, market-based wheat-trading system would replace the previous model.

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