We're moving part-time as the jobs market hollows out
An election-driven burst of part-time employment has pushed the unemployment rate down to 5.7 per cent, disguising a continuing slide in the number of Australians employed full-time.
An election-driven burst of part-time employment has pushed the unemployment rate down to 5.7 per cent, disguising a continuing slide in the number of Australians employed full-time.
Australia's major banks could stand to lose billions from being caught up in an international lawsuit – launched by two US hedge funds and a derivative trader – over alleged rate rigging.
The Federal Treasury says ordinary personal taxpayers are going to have to shoulder more of the tax burden as the proceeds from businesses become less certain.
As mostly sports-mad Mongolians cheer on the country's two medallists at the Rio Olympic Games, deepening economic troubles at home mean the new government cannot afford to pay its athletes.
OK, it's not entirely free, but it's a greatly reduced sentence for your deficit blowout, with the chance of a genuinely helpful parole system.
A surprisingly large number of new part-time jobs has pulled the unemployment rate down to 5.7 per cent.
Wage growth has slipped to a new record low, with private sector wages climbing just 1.98 per cent in the year to June, well below the rates of 3 per cent or more recorded from the end of the global financial crisis to 2013.
Western Australia can be likened to a prodigal nephew who has squandered his inheritance.
There are almost six million lost superannuation accounts with a value of $11.7 billion, new Australian Taxation Office figures show.
ACT workers in public and private sector earning about 2% more than a year earlier.
A month after putting the Turnbull government on notice, Moody's says it will maintain Australia's top-notch sovereign credit rating, despite predicting mounting public debt.
Many younger Australians will only ever be able to enter the Sydney housing market with the support of their parents the head of the Reserve Bank says.
Australia's central bank said inflation would remain low and the economy could grow faster, while house-price concerns had cooled, in explaining its decision to cut interest rates for the second time in four months.
The Reserve Bank cut its key interest rate to a record low of 1.5 per cent this month amid forecasts of fresh stimulus in other major economies.
Two companies that have already invested many billions of dollars in Australia's future have been told they can't be trusted.
The Australian Taxation Office says despite its repeated warnings, it's still been getting "dodgy" claims.
We're already back to a balanced recurrent budget. So why so much hand-wringing?
National and multi-national agribusinesses are planting more almond trees and raising demand for bees to pollinate their commercial orchards.
A combination of tougher laws and growing discontent about the lack of taxes multinationals pay, has made revenue agencies more willing to head to the courts.
Scott Morrison may have dodged the award for the government's dodgiest performance this week.
The ATO has sent warning letters to 136 multinationals which may be subject to tough penalties under the federal government's new anti avoidance laws.
People "don't look at their Blackberries" when Glenn Stevens speaks.
It's known as the historic reversal, and it appears irreversible: Places where the old outnumber kids. What began in 1995 in a single country, Italy, will spread to 56 nations - and Australia is one of them.
Remember the one about cutting interest rates to lower the dollar? Tell that to the Aussie when it was trading above 77 US cents this morning.
Parting RBA governor Glenn Stevens has implored the Turnbull government to take on more debt and spend on worthwhile projects.
We may have avoided the GFC, but there is still quite a lot of worry among many Australians.
A measure of Australian consumer sentiment bounced in August after a couple of soft months, likely aided by a cut in domestic interest rates to record lows that was warmly welcomed by those with housing debt.
With lottery wins already tax free, you could call it ScoMo's winner's bonus.
The muted growth in retail trade highlights the limitations of slashing interest rates.
China's consumer price inflation accelerated at its weakest pace in six months as food prices rose at a slower pace, although the long decline in upstream prices continued to moderate.
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.