GDP might well be the least bad of all the flawed ways in which we can measure the health of our economy. But it's far from perfect, especially if you're aiming to capture the impact of the economy on people.
A showdown between the Australian Taxation Office and the nation's largest companies including Chevron, Crown and BHP Billiton is looming as the tax man hit seven large companies with tax bills amounting to $2 billion in revenue.
What would economic race-calling be without its little excitements? As you may possibly have heard, this week's news is that the economy has contracted - shrunk, gone backwards - by 0.5 per cent.
Fairfax Media spoke to business owners across five industries to find out who the year's economic winners and losers have been.
Labor has questioned the bona fides of a report apparently commissioned by the Treasury that plays down the role of big government spending in helping Australia survive global financial crisis.
Treasurer Morrison labelled this week's surprisingly low September quarter GDP number as a "wake-up call". What he didn't say is that it's a call that's been ringing for three years.
By turning his back on migrants is counter to the trends of immigration that actually realised his election mantra of "making America great again."
A surprise blow-out in the October trade deficit has raised questions about the predicted rebound in economic growth, following the third-quarter contraction.
If you thought that the European Union coming down hard on tech-giant Apple was the end of secret tax deals, you're wrong.
"He effectively told her her role on the project was just to be an ornament."
The Treasury and the Reserve Bank are likely to 'look through' the reported numbers to focus on what's happening beneath them.
Treasurer Scott Morrison has branded the dramatic end to five continuous years of economic growth "not just a reminder, not just a wake-up call, but a demand to support economic policies that drive investment and jobs".
Companies see Donald Trump as both the biggest upside and downside risk to global growth in 2017.
Brace for the first quarter of negative economic growth in five years, and only the fourth in Australia's enviable run of 100 quarters without a recession.
Financial market analysts believe the economy went backwards immediately after the July election, ending 5 years of continuous growth and calling into question the government's repeated promise to "deliver jobs and growth".
Last week in front of 1400 people at a Fairfax Media subscriber event I was outed as a "pathological optimist" by an anonymous reader, who wanted to know how I got that way.
Women and men are not always supported in their desire for work flexibility. There's stigmas, and much resistance.
The RBA kept its cash rate on hold in the lead-up to Christmas, playing down concerns over sliding business investment and a likely collapse in economic growth to keep the rate at 1.5 per cent.
Vendors are signing real estate agency agreements that read as if the agents are doing a massive personal favour listing the property. And this when most properties in the hotter markets are close to selling themselves.
Victoria has become Australia's most divided state as the economic fortunes of Melbourne soar while those in the rest of the state crumble faster than anywhere else in the nation.
The number of incoming female chief executives in Australia remains low and has stagnated over the past year, according to a report examining tenure and makeup of CEOs by PwC.
There could be an interesting moment during Tuesday's Reserve Bank board meeting: when the members consider that the bank's forecast of year-to gross domestic product growth dropping to about 2.5 per cent has arrived nine months early.
An age-old debate was re-ignited last week, when the OECD called for higher interest rates to rein in Australia's resurgent housing market.
Australian banks are drawing a line in the sand. Interest rates on mortgages are going up – by stealth. And there will be flow on effect to the residential property market and temper the rate of growth in Sydney and Melbourne.
At least for a moment, US president-elect Donald Trump appeared to achieve this week what President Barack Obama struggled to do for most of the past eight years: convince Americans that he can fix the economy.
Sitting at home watching Netflix or playing on home electronic gadgets, eating delivered takeout food, and getting fatter? You're not alone.
The world of wages has gotten out of whack.
Conventional economics is falling apart, no longer making the sense we thought it made.
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.
A further slide in business investment has economic forecasters pondering the unthinkable: that the Australian economy shrank in the September quarter, and that next week’s GDP growth figure will have a minus sign in front of it.
Focusing on everyday tasks will hinder your business in the long run.
Too many new-venture achievements are unrecognised and given no value
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.