Opinion
Retail
Frugal response to tax cuts should be music to Reserve Bank’s ears
The lack of a tax-cut-induced spending spree shows consumers have well and truly got the message about tightening their spending.
- by Clancy Yeates
Latest
‘Chilling effect:’ Business heavyweights send an economic warning to Canberra
Business titans said the rising populist tone in public debate is a danger to the economy as they faced Prime Minister Anthony Albanese at a high-powered event on Tuesday night.
- by Clancy Yeates
Opinion
Home loans
Rise of the mortgage broker: Battle brews over home loan spoils
Major banks are engaged in a rearguard action to retain relationships with home loan customers, after the transformative rise of mortgage brokers.
- by Clancy Yeates
Opinion
World markets
Why this booming, opaque corner of finance has watchdogs worried
This $US2 trillion market is in the sights of regulators, and many of us are indirectly exposed to its risks through superannuation.
- by Clancy Yeates
Updated
World markets
ASX edges lower as banks and tech stocks fall
The Australian sharemarket drifted lower amid a flurry of earnings reports from companies such as Woodside, BHP and Coles.
- by Clancy Yeates and Sumeyya Ilanbey
Opinion
Property investment
Should big super get involved in tackling housing affordability?
Recent moves by major funds to invest in housing are welcome, but we shouldn’t expect the sector to have a significant impact on the wider property market.
- by Clancy Yeates
Watchdog sets sights on insurers as premiums, complaints soar
Amid a surge in insurance premiums, the corporate regulator says acting against insurance misconduct will be a key focus.
- by Clancy Yeates
Updated
World markets
Miners drive ASX higher; Baby Bunting surges, Yancoal falls
The Australian sharemarket edged higher on Tuesday, buoyed by stronger commodity prices and a global wave of investor bets that the US Federal Reserve is close to cutting interest rates.
- by Miriam Steffens and Clancy Yeates
Opinion
Earnings season
What’s driving the CBA money machine, and what would a rate cut do?
The biggest company on the ASX is a critical bellwether for the economy. Beneath the bank’s headline $9.8 billion profit, a few points stood out.
- by Clancy Yeates
Analysis
Open banking
The fight over $1.5 billion ‘game-changer’ that hasn’t lived up to the hype
When former prime minister Scott Morrison outlined his vision for an ambitious banking policy in 2018, he declared it would be a “revolution” for Australian customers.
- by Clancy Yeates
Rate rises will fail to tame inflation: $140b fund’s investment chief
The investment chief of UniSuper says monetary policy has run its course, and inflicting more pain on squeezed households is not the answer.
- by Clancy Yeates