Economics
Global trade fall ‘top risk’
12:00AMDAVID URENThe biggest risk facing the world economy is nations retreating from global engagement, Scott Morrison says.
Eurozone inflation lifts in Sept
7:41PMThe union’s inflation has climbed to a near two-year high, but unemployment is also rising.
China: superpower or car crash?
4:19PMEd ConwayChina’s yuan tonight joins the club of elite currencies, but it comes as the economy trundles towards potential disaster.
Trump can’t hurt Oz economy
3:47PMDaniel PalmerDonald Trump would have limited impact on Australian trade, though equities may readjust, says Capital Economics.
China manufacturing edges up
3:00PMMark MagnierCaixin’s China manufacturing index has lifted slightly, booking the third straight month of expansion.
No home lending slowdown
Daniel PalmerRBA private credit data has revealed home lending continues apace as Australia’s economic driver.
US GDP revised higher
Eric MorathThe US economy grew at a faster pace in the second quarter than previously thought, but the expansion is slowing.
China warned of property bubble
China’s richest man, property developer Wang Jianlin, has sounded the alarm on its property sector.
Home turnover hit by shortage
Daniel PalmerA shortage of properties for sale, and the end of the mining boom, is weighing on housing turnover, says CoreLogic.
Vacancies jump to four-year high
Vera SprothenJob vacancies have continued to lift according to the ABS, a signal of underlying strength in the economy.
No fixed rate timetable: Fed
David HarrisonFed chair Janet Yellen has been “pleasantly surprised” by recent jobs growth and still expects rate rises to be gradual.
Long and winding road to recovery
FRANK GELBERThe pendulum is swinging away from the resources boom states towards the services-based regions.
BoE flags need for more stimulus
Further monetary stimulus will likely be required to mitigate the concequences of Brexit, the bank’s deputy governor says.
Rate hikes need reform: Draghi
Tom FairlessSafe eurozone interest rate hikes will require governments to enact structural reforms, the ECB president says.
IMF urges ‘deflation trap’ fight
DAVID URENThe IMF has called for a co-ordinated effort by the major economies to lift inflation and defeat a ‘deflation trap’.
Senate urged to pass tax reforms
ANNABEL HEPWORTHBig business is urging politicians against confining tax cuts to smaller companies.
Macau eyes mass market pay day
Macau casino big-hitter Lui Che-woo says he sees light at the end of the tunnel for the embattled gambling enclave.
Business carries big tax burden
DAVID URENBusiness pays more tax in Australia than in any other advanced country except oil-rich Norway.
Insurers brace for flood pain
The ICA has declared flooding around Forbes a catastrophe and expects it to cost insurers tens of millions of dollars.
Rainmaker ‘fed up’ with Oz
Rowan CallickCharles Liu, one of China’s “rainmakers” behind the vetoed S. Kidman deal, is fed up with Australia.
‘Don’t go down the QE path’
ADAM CREIGHTONThe man who oversaw the Fed’s quantitative easing program has warned Australia against going down the same path.
Future Fund may be full
RICHARD GLUYASPeter Costello says Queensland may have to hurry if it wants his Future Fund to invest in the state’s infrastructure.
Buckle in, ‘nutters’ at controls
ALAN KOHLERWhen new RBA chief Philip Lowe said ‘we’re not inflation nutters’, which nutters was he referring to?
No rescue in misleading figures
JUDITH SLOANGovernment policy frequently is guided by statistics that ultimately mean very little.
Brexit may be sooner than tipped
Britain will likely kick off its exit in early 2017 and not need two years to negotiate, says Boris Johnson.
Eurozone growth drags lower
The currency union has hit its slowest pace of growth in 20 months as Germany weighs.
China still key to GDP: Evans
Daniel PalmerThe factors fuelling domestic economic growth may have shifted but one factor has remained constant: China.
China steadies, but with risks
MARK MAGNIERChina’s economy is showing signs of stability — but it’s an engineered calm that comes at a cost, say economists.
Central banks’ tools lose edge
GREG IPCentral banks have shown the will to hit their growth and inflation targets. But do they have the way?
December, or something’s wrong
Michael RoddanIf the US Fed doesn’t lift rates in December it means there’s something wrong with the economy, says Chad Padowitz.
