Ian Verrender@IanVerrender

@ABCaustralia Business Editor. Walkley award winner. Views expressed are mine.

 Sydney, New South Wales
abc.net.au/news/ian-verrende…
Joined October 2012
I chatted with @samanthahawley on ABC News Daily Pod about why China's economy is in serious trouble. Find it now on the ABC Listen app. #china #economy #property #Construction #ironore #steel #exports abclisten.page.link/P8JtBpLw…

Why China’s economy is in serious trouble - ABC listen

When China lifted its strict Covid restrictions it was expected the economic powerhouse would surge ahead once again.  Instead the Chinese economy is now in serious trouble.  Today, ABC business...

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Why new RBA Governor Michele Bullock can't deliver interest rate salvation | @abcnews #RBA #MicheleBullock #PhilipLowe #ausecon #ausbiz #auspol #interestrates #mortgages abc.net.au/news/2023-07-15/n…

The 'narrow path' is locked in, and the new RBA chief can't perform miracles for home owners

Will RBA veteran Michele Bullock be able to deliver for a generation of home-buyers now facing possible oblivion as their monthly repayments double? She'll need a miracle, writes Ian Verrender.

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What if soaring rates don't kill inflation? Central banks may be about to blow up the economy | @abcnews #interestrates #inflation #rba #CentralBanks #unemployment #recession #nairu #auspol #ausecon #ausbiz abc.net.au/news/2023-07-11/c…

What if soaring rates don't kill inflation? Central banks may be about to blow up the economy

We could be wreaking havoc trying to reach the 2 to 3 per cent inflation target, writes business editor Ian Verrender. What if it's a goal that is unattainable?

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Will the Reserve Bank of Australia's rate hike number 13 finally sink the economy? | @abcnews #RBA #interestrates #inflation #mortgages #ausecon #ausbiz #property abc.net.au/news/2023-07-04/f…

Abandon all logic — whether the RBA pauses rates comes down to a coin toss

With the economy slowing, inflation pressures easing and household expenditure diving, starting the new financial year with hike number 13 could well prove to be an ominous sign, writes Ian Verrender.

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PwC hacks off an arm, but still won't come clean. Will the $1 deal save the firm? | @abcnews #PwC #auspol #tax #consultants #consultancy #government abc.net.au/news/2023-06-27/p…

Can a $1 deal save PwC or will it follow Arthur Andersen into oblivion?

In a sublime combination of breathtaking arrogance and dazzling ineptitude, the Australian arm of global accounting giant PwC has managed to turn a possible crime into a national crisis and then...

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The temporary madness of modern politics: is our strongest market a harbinger of recession? | @abcnews #ausecon #ausbiz #auspoI #Employment #interestrates #mortgages #debt #RBA #Unemployment #recession abc.net.au/news/2023-06-20/c…

Interest rates aren't working in the way we thought they would and it's not clear why

While economic growth is slowing, the jobs market hasn't been this strong since the 1950s. Unemployment is plumbing half century lows — a development that has everyone from central banks to politic...

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The dark side of the property market rebound | @abcnews #Immigration #housing #interestrates #RBA #philiplowe #auspol #ausecon #ausbiz abc.net.au/news/2023-06-06/r…

The property market rebound could see us heading into uncharted and dangerous territory

There is one issue that stands head and shoulders above the rest as Philip Lowe's greatest threat in the battle to control inflation, writes business editor Ian Verrender. 

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How the China rift sparked a new resource boom | @abcnews #auspol #ausecon #ausbiz #Mining #ironore #China #Lithium #GreenHydrogen abc.net.au/news/2023-05-30/a…

Australia's iron ore boom is fading. What will replace it?

After one of the most prolonged booms in history, running for the best part of a quarter of a century, signs are emerging that Australia's great iron age is beginning to fade, writes business editor...

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Catch-22: No pay rise without productivity. But no productivity without more pay | @abcnews #ausecon #ausbiz #wages #inflation #Productivity #industrialrelations #profits abc.net.au/news/2023-05-23/w…

The great productivity con. Why your pay isn't keeping up with inflation

Australia's industrial relations system is like Catch-22. You can't have a pay rise until productivity improves. And productivity can't improve until you get a pay rise, writes business editor Ian...

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Richard Boyle faces life behind bars while those in the PwC scandal are protected by the corporate world | @abcnews #auspol #ausecon #ausbiz #PwC #taxation #tax #whistleblower abc.net.au/news/2023-05-16/p…

Richard Boyle faces life behind bars while those in the PwC scandal are protected by the corporate...

It's a crisis that calls into question the wisdom of government outsourcing crucial functions and highlights the often cosy relationship between government, bureaucracy, regulators and the corporate...

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#ICYMI: Jim Chalmers's budget surplus was a surprise so where has the money come from? | @abcnews #Budget2023 #Budget23 #budget #auspol #ausecon #ausbiz abc.net.au/news/2023-05-09/b…

Take a bow workers of Australia, you're the reason for a $4.2 billion budget surplus

Just a few months back, the number crunchers had pencilled in a shortfall of $32 billion for the nation's finances. Suddenly, that's magically transformed into a $4.2 billion surplus, writes Ian...

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Will the federal budget's relief package solve a problem or ignore it? | @abcnews #Budget2023 #auspol #ausecon #ausbiz #taxes #inflation #CPI #Immigration #rents #energy #PRRT abc.net.au/news/2023-05-09/i…

Will the federal budget's relief package solve a problem or ignore it?

When Jim Chalmers outlines his bold plan it will fire a debate about whether we are providing a cure for the nation's ills or merely kicking the can down the road, writes business editor Ian Verren...

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If you're confused about what the RBA's doing, you're not alone | @abcnews #rba #interestrates #mortgages #housing #ausecon #ausbiz abc.net.au/news/2023-05-04/a…

If you're confused about what the RBA's doing, you're not alone. Even the economic experts are...

Confused about where we're headed and why we appear to be hurtling headlong towards a self-induced recession? You're in good company, writes Ian Verrender.

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There's a perfect storm brewing for the housing market — it could make buying your own home a pipedream | @abcnews #ausecon #auspol #housing #interestrates #mortgages #RealEstate #lending #RBA abc.net.au/news/2023-05-02/i…
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Why Australia lags behind the rest of the world in taxing oil and energy giants | @abcnews #auspol #ausecon #ausbiz #taxation #taxes #prrt #oil #gas #Budget2023 abc.net.au/news/2023-04-25/a…

Australia's resources belong to the people but, compared to the rest of the world, we give them...

If you're an oil and gas producer, Australia is a fantastic place to operate. If, however, you're an Australian citizen (or a treasurer trying to balance the books), the tax system leaves a lot to be...

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Why Beijing raised the white flag in its trade battle with Australia | @abcnews #auspol #ausecon #ausbiz #trade #sanctions #China #Taiwan #Mining #exports abc.net.au/news/2023-04-18/h…

Why Beijing raised the white flag in its trade battle with Australia

For all the anxiety over whether Australia could be drawn into a military showdown over Taiwan and the impact that may have, our dominance of the iron ore trade may provide a circuit breaker with...

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Why New Zealand is beating Australia in the race that no-one wants to win — to a full-blown recession | @abcnews #rba #ausecon #recession #interestrates #mortgage #housing #costofliving abc.net.au/news/2023-04-10/w…

Why New Zealand is beating Australia in the race to a full-blown recession

With the RBA delicately attempting to navigate Australia along "the narrow path to a soft landing", New Zealand appears hell-bent on sending its economy into a tailspin and fiery crash, writes...

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I chatted with @samanthahawley about the @RBAInfo decision to pause interest rates on the ABC News Daily Podcast. Catch it on the ABC Listen app | @abcnews #InterestRates #banking #lending #ausecon #ausbiz abclisten.page.link/LLgExz4h…

Are the interest rate rises finally over? - ABC listen

With 10 consecutive rate rises, the Reserve Bank is finally giving Australian households a break.  It's placed rates on hold, but will it last?  Today, the ABC's business editor, Ian Verrender, on...

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Risky business: What next for a troubled banking world after the collapse of two US banks? | @abcnews #siliconvalleybankcollapse #Silicon_Valley_Bank #SignatureBank #CreditSuisse #FederalReserve #rba #banking #Lending #loans #deposits #ausecon #ausbiz abc.net.au/news/2023-03-20/s…

Central banks are draining money out of the global economy. Will they pull more banks down the plug...

The collapse of Silicon Valley Bank and Signature Bank in the US are a timely warning that rapid changes in monetary conditions can have sudden and unintended consequences, writes business editor Ian...

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What the super tax debate means for budget repair and a government trying to pay its bills | @abcnews #auspol #ausecon #ausbiz #Budget2023 #taxes #superannuation #taxreform abc.net.au/news/2023-03-13/s…

What the super tax debate means for government budget repair

The uncomfortable truth is that the super concessions — costing a monumental $48 billion a year — are social welfare payments the nation can no longer afford, writes business editor Ian Verrender.

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