How ScoMo discovered good and bad debt on the way to MYEFO
Congratulations are in order as ScoMo's epiphany represents a major break with the Abbott/Hockey dogma of all government debt being evil.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
Congratulations are in order as ScoMo's epiphany represents a major break with the Abbott/Hockey dogma of all government debt being evil.
The Fed's well-telegraphed move early this morning is a key part of why our central bank has not cut its cash rate again.
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.
​There's a big difference between something being legal and being morally right.
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.
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.
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.
The Australian Securities and Investments Commission has been in the headlines lately, but so what?
Mike Baird's weakened position won't matter for the NSW economy right away, but it will down the track.
For all the publicity Peter Dutton has generated for the coalition's tough-on-refugees, suspicious-of-Islam image, he's only added a tenuous terrorism footnote to an old story.
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