Business

The Economy

Seekers of dark linings to silver clouds are in the process of switching horses ahead of Wednesday's National Accounts ...

Doom and gloom focus switches to GDP

Seekers of dark linings to silver clouds are in the process of switching horses ahead of Wednesday's National Accounts Stakes, jumping off National Income Recession and climbing aboard GDP Dive.

Treasurer Scott Morrison's delays over a return to surplus has prompted credit ratings agency S&P to put the nation's ...

Our AAA rating is a marvellous bogeyman

Both sides of politics try to use a looming loss of Australia's top-notch rating to frighten the horses and blame the other for the supposed problem. But there are much larger forces at work in the world.

Iranian Oil Minister Bijan Zanganeh.

OPEC deadlocked as Iran, Saudis harden positions on oil deal

An OPEC deal to curtail oil production and prop up global prices appeared in jeopardy as Iran said it won't make cuts while Saudi Arabia insisted Tehran must be willing to play a meaningful role in any agreement.

Chef opening cloche lid Cloche. Generic.

Chef shortage looms after 457 visa crackdown

The nationalist "jobs for Australians first" push by the federal government could be bad news for food lovers, given more work visas are granted to cooks and chefs than any other profession.