Posted
Policymakers in Canberra may come under pressure if US President-elect Donald Trump succeeds in his infrastructure building spree and turbo charges the US economy, analysts say.
Topics: economic-trends, building-and-construction, money-and-monetary-policy, business-economics-and-finance, government-and-politics, australia, united-states
Posted
| UpdatedGiven the fraught political nature of "Big Oil" and low expectations of an outcome, the agreement hammered out by OPEC is quite a nifty bit of diplomatic wrangling engineered by Saudi Arabia.
Topics: economic-trends, oil-and-gas, trade, agreements-and-treaties, business-economics-and-finance, saudi-arabia
Posted
| UpdatedThe Australian economy is at risk of stagnating, or even shrinking, in the September quarter after official figures show another steep fall in business investment.
Topics: economic-trends, mining-industry, money-and-monetary-policy, australia
Posted
Growing uncertainty over the direction of the Federal Government is continuing to damage consumer and business confidence, according to a key survey of company directors.
Topics: economic-trends, small-business, business-economics-and-finance, australia
Posted
| UpdatedCapital city home prices continue to rise in November, but the increase is driven by detached houses with apartment values falling according to a key private index.
Topics: housing-industry, economic-trends, australia
Posted
Trading in many key commodities on Chinese futures markets come to an abrupt and early end as crashing prices hit their downward movement limits for the day.
Topics: economic-trends, mining-industry, markets, business-economics-and-finance, china, australia
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ANZ chief executive Shayne Elliott says there are areas of concern across the economy and when it comes to property bubbles, "smallish" city apartments are a particular worry.
Topics: housing-industry, banking, business-economics-and-finance, company-news, economic-trends, australia
Posted
Australia is not building an excessive number of new homes, at least compared to the boom markets of Ireland and Spain before their housing busts, Fitch Ratings finds in a new analysis.
Topics: housing-industry, economic-trends, australia
Posted
Some leading analysts are warning 2017 could be a tough year for Australia's economy as the housing boom peaks while the mining bust has a couple more years to run.
Topics: economic-trends, money-and-monetary-policy, housing-industry, mining-industry, australia
Posted
| UpdatedQuestions about the sustainability of Australia's housing boom rise again, with building approvals tumbling across all key markets.
Topics: economic-trends, housing-industry, business-economics-and-finance, australia
Posted
| UpdatedInvestor sentiment in Australia is cautiously optimistic, though President-elect Donald Trump's shock victory remains hugely divisive while investors also express disappointment with the Turnbull Government.
Topics: stockmarket, economic-trends, markets, federal-government, government-and-politics, business-economics-and-finance, australia
Posted
Strong economic data out of the US boosts stocks, despite a fall in oil prices ahead of tonight's meeting of major oil producers to discuss supply cuts.
Topics: stockmarket, oil-and-gas, futures, currency, markets, economic-trends, money-and-monetary-policy, united-states, united-kingdom, european-union, australia
Posted
NT Farmers CEO Shenal Baysnake says while he was surprised with some of the figures in the survey, Territory farmers have always been quiet achievers.
Topics: agricultural-prices, economic-trends, agricultural-crops, agricultural-policy, alice-springs-0870, darwin-0800
Posted
An economic survey has found Darwin's agricultural zone is worth more than double the Ord Irrigation Scheme.
Topics: agricultural-prices, economic-trends, agricultural-crops, grain, fruit, agricultural-policy, alice-springs-0870, darwin-0800
Posted
| UpdatedAustralians should brace for official interest rate rises by the end of next year to cool the hot real estate market, according to the OECD.
Topics: economic-trends, money-and-monetary-policy, australia
Posted
The global shipping industry is in dire straits with international rates low for five years, and for some vessels, the current day rates are covering less than 5 per cent of costs.
Topics: sea-transport, company-news, multinationals, economic-trends, australia, korea-republic-of
Posted
The competition regulator finds Australian petrol prices have fallen in Australia's five largest cities, but New South Wales' ethanol mandate forced motorists to fork out an extra $85 million in 2014-2015.
Topics: oil-and-gas, consumer-finance, economic-trends, australia
Posted
| UpdatedDeath and tax are the two certainties in life, so why not combine them? With Australia struggling to repair a growing budget deficit it might be time to resurrect the inheritances taxes killed by Joh Bjelke-Petersen.
Topics: tax, budget, economic-trends, australia
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Curtailing access to negative gearing on investment property could contribute to reducing Australia's budget deficit and securing the AAA credit rating, argues a former RBA board member.
Topics: budget, economic-trends, tax, housing-industry, australia
Posted
Australia is heading for only its fourth quarter of shrinking GDP over the past 25 years according to big US investment bank Morgan Stanley.
Topics: economic-trends, money-and-monetary-policy, australia
Posted
| UpdatedJust when the market had anticipated Australian construction had hit "peak weakness", activity posts its biggest fall in 16 years.
Topics: economic-trends, building-and-construction, australia
Posted
| UpdatedAustralia needs to retain its AAA rating or something "not much less than that", warns newly-appointed Business Council president Grant King.
Topics: budget, federal-government, economic-trends, business-economics-and-finance, australia
Posted
A new survey shows a more downbeat Christmas period as six out of seven Australians expect to spend the same or less on gifts over the season than last year.
Topics: retail, consumer-finance, economic-trends, business-economics-and-finance, australia
Posted
Analysis shows China's GDP per capita would still fall by 21 per cent in 2050 under the new two-child policy.
Topics: family-and-children, aged-care, government-and-politics, economic-trends, china, asia
Posted
After more than a year in the doldrums because of a slowing global economy, could the price of oil finally be on the rise?
Topics: oil-and-gas, business-economics-and-finance, economic-trends, trade, agreements-and-treaties, markets, saudi-arabia, iraq, united-states