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The Latest Breaking News from Deloitte Access Economics

Corporations' profits soaring as inflation skyrockets and real wages fall, report reveals

There are fresh calls for Australia's biggest corporations to rein in record profits in order to provide low wage earners with some cost-of-living relief.

Petrol back above $2 despite excise cut

Petrol back above $2 despite excise cut

Petrol prices are back at levels seen when former treasurer Josh Frydenberg halved fuel excise for six months in the March budget.

Investment to grow despite many hurdles

Investment to grow despite many hurdles

Deloitte Access Economics expects business investment to grow over the next five years despite facing near term hurdles, such as rising interest rates.

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Aussie-grown Mother's Day flowers five months in the making

Flower farmer Lyn Bayfield pushes herself to the point of exhaustion to meet demand on Mother's Day. But she works in the knowledge that elsewhere consumers don't know they are buying imported flowers, and seemingly don't care.

Jim Chalmers says the current government has taxed, borrowed and spent more than Labor did. Is that correct?

Shadow Treasurer Jim Chalmers says the current government has taxed, borrowed and spent more than the previous Labor government. RMIT ABC Fact Check takes a look at his claim.

Budget handout to fuel inflation: Deloitte

Deloitte Access Economics economist Chris Richardson has warned any handouts in the March 29 budget will add to inflation pressures.

Politics with Michelle Grattan: Stay calm, petrol is headed down, budget is improving – economist Chris Richardson

Australia’s budget situation has been quietly improving. Deloitte Access Economics director Chris Richardson says the remarkable strength of the Australian economy means it no longer needs the emergency support it has been getting from the government and the Reserve Bank. Government spending fell by a record 10% in the year…

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Investment to navigate challenging outlook

Investment to navigate challenging outlook

Deloitte Access Economics expects that while investment, such as infrastructure projects, faces many challenges, it will soar over the next couple of years.

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