Michael Read

Canberra

Economics Correspondent at Australian Financial Review

👔 Economics Correspondent at the @FinancialReview 📧 [email protected] 📈 RBA economist in a former life 🤫 Send tips securely via https://t.co/5C7qP3ox0p

Featured in: Favicon

afr.com

businesspostexaminer.com

Articles

Dutton backflips on vow to keep EV tax break

1 day ago | afr.com | Ronald Mizen |Michael Read

Apr 23, 2025 – 5.42pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Opposition Leader Peter Dutton has quietly backflipped on a pledge made just two days ago to keep Labor’s tax breaks for electric vehicle drivers, in his second major policy U-turn of the federal election campaign.
What Anthony Albanese and Peter Dutton did and didn’t say in their campaign launch speeches

1 week ago | afr.com | Michael Read |Andrew Tillett

Apr 14, 2025 – 8.59am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Follow our live coverage of the 2025 federal election. Prime Minister Anthony Albanese and Opposition Leader Peter Dutton on Sunday formally launched their election campaigns, making almost $24 billion of expensive housing and tax promises to secure the support of swinging voters. Loading...
Labor’s HAFF Housing Australia Future Fund may need bailout after stock slump

1 week ago | afr.com | Michael Read

• Follow our live coverage of the 2025 federal election. Taxpayers could be forced to top up Labor’s Housing Australia Future Fund if financial markets do not recover in the next three months, as falling share prices and mandated withdrawals consume its capital base.
Michele Bullock calms nerves as cut calls grow louder amid Donald Trump’s trade war

2 weeks ago | afr.com | Michael Read

Apr 10, 2025 – 8.01pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Reserve Bank of Australia governor Michele Bullock says the market turmoil caused by Donald Trump’s trade war is not as bad as the global financial crisis and hosed down demands for an emergency rate cut with a call for patience.
Coalition’s Future Fund plan is a funny money fiscal illusion

2 weeks ago | afr.com | Michael Read

Just when you thought the policy debate at this federal election couldn’t get any worse, the Coalition has proposed a plan to pay down debt that actually involves taking on more debt. Shadow treasurer Angus Taylor announced on Thursday that a Coalition government would establish two subsidiary funds to be managed by the $289 billion Future Fund, which would take the total number of investment vehicles to nine. Loading...
Jim Chalmers, Angus Taylor fail to tackle the big economic issues

2 weeks ago | afr.com | John Kehoe |Michael Read

Jim Chalmers and Angus Taylor have traded blows over the cost of living, business investment and who is best to manage Donald Trump’s disruptions, but they fell short of laying out a reform agenda that business leaders and economists have been calling for. In their first election debate, the treasurer said a second-term Labor government would be best placed to manage the uncertainty in the global economy caused by Trump’s trade war.
Angus Taylor’s killer lines crowded out by Donald Trump

2 weeks ago | afr.com | Michael Read

Apr 9, 2025 – 9.31pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? If Wednesday evening’s debate between Jim Chalmers and Angus Taylor had been held just four months ago, it would have gone very differently. Both Labor and the Coalition were gearing up for an election campaign squarely fought on the cost of living. Loading...
Strap in for long trade war, CBA chief economist Luke Yeaman warns

2 weeks ago | afr.com | Michael Read |John Kehoe

Apr 9, 2025 – 4.12pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Commonwealth Bank of Australia chief economist Luke Yeaman has warned the economic pain from Donald Trump’s trade disruption will not end soon and tariffs could go higher, as the US president digs in for a protracted fight against China.
Why economists doubt a recession Is coming for Australia

2 weeks ago | afr.com | Michael Read |Phillip Coorey

Apr 8, 2025 – 8.09pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Fears that Donald Trump’s trade war could push Australia into recession are overblown, say economists who predict local businesses will find new export markets while the economy will be bolstered by rate cuts and a falling currency.
Warwick McKibbin, Australia’s top economic modeller, rules out a recession

2 weeks ago | afr.com | Michael Read

Apr 8, 2025 – 7.00pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Warwick McKibbin’s phone is running hot. The creator of one of the world’s top macroeconomic models, G-Cubed, is fielding calls from policymakers across the globe – including in Canada, Mexico and Brazil – as they try to make sense of Donald Trump’s trade war. Loading...