Feeling okay? That could be because you're in the Sydney-Melbourne bubble

• COMMENT

The concept of "two Australias" isn't new, but those of us in VicNSW are less aware of it than we were back at the peak of the mining boom when it was QldWA versus the rest.

A woman is one step closer to being RBA governor

The Reserve Bank has promoted Luci Ellis to the position of Assistant Governor (Economic), making her to first woman to become what is effectively the Bank's chief economist.

A soft drink tax will make us less fat. But here's what it will do to prices

The United Kingdom, Ireland, Belgium, France, Fiji, Mexico, South Africa and parts of America have sugar taxes. Australia could be next.

End the age of entitlement - for seniors

Australia's tax system has become skewed towards a growing and apparently untouchable group of 'taxed nots' - they are older Australians who pay roughly $1 billion per year less tax than younger Australians in the same circumstances, according to a new Grattan Institute report.

$24 billion budget blowout. Government to confirm the worst on December 19

Much lower than expected wage growth has knocked a hole in the government's budget projections, blowing out deficits right through until 2019-20.

Why just about everyone's happy when bond yields soar

• ANALYSIS

Bond yields are climbing because of a feeling things are about to get better.

The untruths we're being told about coal

• COMMENT

From dead birds to power outages in severe storms, it seems that wind power can be fitted up for anything.

Wage growth plumbs new depths as workers endure record wait for pay rises

f you think it's a long time since you got your last pay rise, you are right. The Bureau of Statistics says over the past four years the average wait has climbed from 12 months to 14 months – the longest on record.

Trump's program is dangerous, says Reserve Bank chief Philip Lowe

Reserve Bank governor Philip Lowe has labelled US President-elect Donald Trump's trade policy "dangerous" and probably his biggest concern.